Sozo Children

The information on this page was last updated 4/5/2023. If you see errors or omissions, please email: [email protected]


Summary

As a mission-based ministry, we serve God by serving others. By meeting the needs of children once trapped in generational poverty, we equip them mentally, physically, and spiritually to become strong leaders for Christ who will transform their communities for the next generation.


Contact information

Mailing address:
Sozo Children
4 41ST St. S
Birmingham, AL 35222

Website: sozochildren.org

Phone: (205) 208-0016

Email: [email protected]


Organization details

EIN: 274552700

CEO/President: Suzanne Owens

Chairman: Ed Caldwell

Board size: 10

Founder:

Ruling year: 2012

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2016


Purpose

All children thriving. All communities transformed.


Mission statement

Our mission at Sozo Children is to empower vulnerable children to become thriving leaders for Jesus Christ.


Statement of faith

We believe the Bible to be the inspired, infallible, ultimately authoritative Word of God.

We believe there is one God, eternally existing as Father, Son, and Holy Spirit.

We believe that the Lord Jesus Christ is deity, that He was born of a virgin, that we are redeemed by His atoning death through His shed blood, that He bodily resurrected and ascended into Heaven, and that He will come again in power and great glory.

We believe individuals are saved through a direct, personal encounter with the risen Lord, at which time they are regenerated by the Holy Spirit.

We believe individuals are saved by grace, through faith in Christ, not by our own works.

We believe in the present ministry of the Holy Spirit, by whom Christ indwells each believer enabling him to live a godly life of obedience as he reaches for maturity.

We believe the Holy Spirit unites all true believers in the Lord Jesus Christ and that together they form one body, the church.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating720 of 1102100 of 144
Fund acquisition rating731 of 110395 of 144
Resource allocation rating232 of 110341 of 144
Asset utilization rating978 of 1102125 of 144

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%10%8%7%12%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%5%4%7%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%52%58%61%58%79%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%5%6%5%7%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%48%42%39%42%21%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%88%84%86%83%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%107%81%83%92%80%
Program output ratio Program output ratio =
Program services /
Total revenue
81%95%68%71%77%64%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-7%19%17%8%20%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-7%18%16%9%28%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%7%9%9%9%15%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.330.980.750.771.041.15
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.192.592.172.744.965.08
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.942.531.642.125.155.82
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.5511.9822.0811.8011.300.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.080.050.080.090.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.724.347.005.182.122.06
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%4%2%3%2%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
67%98%130%125%95%87%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$650,138$1,318,635$876,092$335,625$337,104
Receivables, inventories, prepaids$42,496$45,572$16,317$72,436$20,573
Short-term investments$389,473$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,082,107$1,364,207$892,409$408,061$357,677
Long-term investments$0$0$0$0$0
Fixed assets$1,700,384$1,596,806$1,550,151$1,614,506$1,458,333
Other long-term assets$17,086$0$0$0$0
Total long-term assets$1,717,470$1,596,806$1,550,151$1,614,506$1,458,333
Total assets$2,799,577$2,961,013$2,442,560$2,022,567$1,816,010
 
Liabilities20222021202020192018
Payables and accrued expenses$90,324$61,793$53,501$36,105$0
Other current liabilities$0$0$22,109$0$0
Total current liabilities$90,324$61,793$75,610$36,105$0
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$17,086$0$0$0$0
Total long-term liabilities$17,086$0$0$0$0
Total liabilities$107,410$61,793$75,610$36,105$0
 
Net assets20222021202020192018
Without donor restrictions$2,608,202$2,762,968$2,230,698$1,871,501$1,676,831
With donor restrictions$83,965$136,252$136,252$114,961$139,179
Net assets$2,692,167$2,899,220$2,366,950$1,986,462$1,816,010
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$1,340,429$1,600,409$1,384,276$1,314,303$2,055,732
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$9,792$1,391$5,064$1,384$3,249
Other revenue$1,204,421$1,161,863$882,761$955,311$535,984
Total other revenue$1,214,213$1,163,254$887,825$956,695$539,233
Total revenue$2,554,642$2,763,663$2,272,101$2,270,998$2,594,965
 
Expenses20222021202020192018
Program services$2,420,829$1,884,276$1,619,158$1,753,233$1,659,158
Management and general$191,160$211,202$178,847$194,066$309,498
Fundraising$130,755$135,915$93,608$153,247$114,552
Total expenses$2,742,744$2,231,393$1,891,613$2,100,546$2,083,208
 
Change in net assets20222021202020192018
Surplus (deficit)($188,102)$532,270$380,488$170,452$511,757
Other changes in net assets$0$0$0$0$0
Total change in net assets($188,102)$532,270$380,488$170,452$511,757

Compensation

NameTitleCompensation
Owens SuzanneChief Executive Officer$86,196
Freeman LeslieChief Operating Officer$76,600
Allen BrianChief Financial Officer (partial year)$37,075
Head CathyFinance Director$19,393

Compensation data as of: 12/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/5/2023. To update the information below, please email: [email protected]


History

Sozo Children was founded on May 13, 2010, out of an urgent need to care for neglected children in Uganda. When two missionaries discovered a group of children in dire need of care-they did the only thing they knew to do. In just ten days, and with the local Ugandan Government's help, a new home was started initially providing seventeen children a roof over their heads, clean clothes, and hope for the future.


Program accomplishments


Needs