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Sozo Supporting Organization Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463233560 ✦ Prospect heights, IL ✦ Designated as a 501(c)(3)

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Overview

What is Sozo Supporting Organization Fund?

Sozo Supporting Organization Fund is a charitable grant-making organization situated in Prospect Heights, Illinois. Their primary mission is to empower various organizations, ultimately benefiting individuals, by fostering their emotional, physical, social, cultural, and spiritual growth. Through their activities and mission, they aim to help these organizations strengthen their understanding of Jesus Christ and enhance their capacity to collaborate with Him in building His kingdom. Their work involves empowering communities and individuals to grow and thrive.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)

Sozo Supporting Organization Fund has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based entirely on the organization's performance in the Accountability & Finance category, where it scored 94%. This score reflects the organization's strong governance practices and transparency in operations.

The organization demonstrates excellent oversight with 60% of its board members being independent, and it maintains a small board size that effectively contributes to its governance. Additionally, it has robust financial controls in place, as evidenced by perfect scores in areas such as financial statement audits and conflict of interest policies. The organization also boasts an impressive program expense ratio of 99.95%, indicating that nearly all of its expenses go directly to its mission-related activities.

While the data reflects a strong operational framework, it is essential for potential donors to consider how these financial metrics translate into real-world impact. Overall, Sozo Supporting Organization Fund appears to be a well-managed nonprofit committed to accountability and high standards of financial integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Sozo Supporting Organization Fund legitimate?

Sozo Supporting Organization Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sozo Supporting Organization Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Sozo Supporting Organization Fund?

The Sozo Supporting Organization Fund's mission is centered around empowering organizations and individuals. Their primary goal is to facilitate growth in the understanding of Jesus Christ and the ability to collaborate with Him in building His kingdom. Through charitable grantmaking, they aim to empower organizations, ultimately benefiting individuals on various levels, including emotional, physical, social, cultural, and spiritual growth.

Who is the CEO of Sozo Supporting Organization Fund?

David A Dillon is the President/Director of Sozo Supporting Organization Fund.

What is the revenue of Sozo Supporting Organization Fund?

Sozo Supporting Organization Fund's revenue in 2022 was $779,750.

Who are the executives of Sozo Supporting Organization Fund and what are their salaries?


Here are 6 key members and their salaries:


David A Dillon (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele F Dillon (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William N Scholtens (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger L Sandberg Sr (Secretary/Director)
  • Compensation: $0
  • Related: $169,101
  • Other: $27,326
Kristen M Lewis Part Year (Treasurer/Director)
  • Compensation: $0
  • Related: $168,827
  • Other: $11,068
Dana E Ring Part Year (Treasurer/Director)
  • Compensation: $0
  • Related: $203,679
  • Other: $16,896
Where can I find the form 990 for Sozo Supporting Organization Fund?

Sozo Supporting Organization Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sozo Supporting Organization Fund

Sozo Supporting Organization Fund is committed to empowering various organizations and individuals to deepen their understanding of Jesus Christ and their ability to collaborate with Him in building His kingdom. This mission is achieved through charitable grantmaking, which ultimately aims to foster emotional, physical, social, cultural, and spiritual growth in the communities and individuals Sozo supports. By empowering these organizations, Sozo aims to contribute to the broader goal of building God's kingdom, thereby making a significant impact on the lives of those it serves.

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Impact




July, 2024

Sozo Supporting Organization Fund empowers organizations to help communities and individuals grow in their knowledge of Jesus Christ and collaborate to build His kingdom. Through charitable grantmaking, Sozo supports initiatives that promote emotional, physical, social, cultural, and spiritual growth. This impact extends beyond individuals to benefit entire communities, fostering deeper connections and understanding of faith.




This information is meant to be a general summary of Sozo Supporting Organization Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$779,750 (2022)
Expenses
$559,413 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,802
  • Gross Receipts: $779,750

Assets and Liabilities:

  • Total Assets: $2,415,114
  • Total Liabilities: $181
  • Net Assets: $2,414,933

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Organization Details

Founding Year

2013

Principal Officer

David A Dillon

Main Address

102 ELM STREET, PROSPECT HEIGHTS, IL, 60070

NTEE Category

Code: T31 - Philanthropy

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