SHEPHERDS HEART MINISTRY

EIN: 010803956 501(c)(3) Religion

PARKER, CO

Total Revenue
$458,660
Total Expenses
$533,985
Total Assets
$416,098
Net Assets
$316,475
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CO
Principal Officer
LARRY RUSSELL
Phone
3038848030
Tax Period
2023-01-01 to 2023-12-31

SHEPHERDS HEART MINISTRY, founded in 2004, is a small nonprofit in the Religion sector that reported $459K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $534K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO BRING HEALING AND RESTORATION TO PASTORAL COUPLES, MISSIONARIES AND MINISTRY LEADERS WHO ARE WOUNDED DUE TO FULL-TIME MINISTRY ANYWHERE IN THE WORLD WHERE THERE IS AN UN MET NEED.

Program Service Accomplishments

Program 1
Expenses: $194,186

INTENSIVES: APPROXIMATELY 40% OF BUDGET THE PRIMARY PURPOSE OF SHEPHERDS HEART MINISTRY IS TO PROVIDE 6-DAY COUNSELING INTENSIVES WITH PASTORS, MISSIONARIES AND MINISTRY LEADERS WHOSE MARRIAGES ARE...

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INTENSIVES: APPROXIMATELY 40% OF BUDGET THE PRIMARY PURPOSE OF SHEPHERDS HEART MINISTRY IS TO PROVIDE 6-DAY COUNSELING INTENSIVES WITH PASTORS, MISSIONARIES AND MINISTRY LEADERS WHOSE MARRIAGES ARE IN TROUBLE, WHO ARE EXPERIENCING BURNOUT DUE TO THE MINISTRY OR HAVE EXPERIENCED SOME SORT OF MORAL FAILURE IN THEIR MARRIAGES IN ONE OF OUR COUNSELING CENTERS IN COLORADO, SOUTH CAROLINA, ARIZONA IN THE US, CANADA, ISRAEL AND MEXICO.

Program 2
Expenses: $145,640

PREVENTION: APPROXIMATELY 25% OF BUDGET THE SECOND PURPOSE, FOLLOWING CRISIS INTERVENTION IS PREVENTION. SHM CONDUCTS MARRIAGE CONFERENCES, LEADERSHIP CONFERENCES, AND PASTOR'S CONFERENCES IN THE US...

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PREVENTION: APPROXIMATELY 25% OF BUDGET THE SECOND PURPOSE, FOLLOWING CRISIS INTERVENTION IS PREVENTION. SHM CONDUCTS MARRIAGE CONFERENCES, LEADERSHIP CONFERENCES, AND PASTOR'S CONFERENCES IN THE US, ISREAL, ECUADOR, CANADA, AND MEXICO AND DOES TRAINING WITH VARIOUS PASTORAL AND MISSIONARY ORGANIZATIONS AND CHURCH STAFFS FOR THE PURPOSE OF TEACHING PREVENTION SKILLS SO THAT CRISIS DOES NOT OCCUR. THESE PREVENTION SESSIONS TAKE PLACE INDIVIDUALLY OR WITH GROUPS.

Program 3
Expenses: $145,640

TRAINING: APPROXIMATELY 25% OF BUDGETDEVELOPMENT OF A 15-MONTH ON-LINE TRAINING INSTITUTE TO EQUIP PASTORS, MISSIONARIES, AND MINISTRY LEADERS WITH COUNSELING TOOLS BOTH FOR THE LABORATORY OF THEIR...

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TRAINING: APPROXIMATELY 25% OF BUDGETDEVELOPMENT OF A 15-MONTH ON-LINE TRAINING INSTITUTE TO EQUIP PASTORS, MISSIONARIES, AND MINISTRY LEADERS WITH COUNSELING TOOLS BOTH FOR THE LABORATORY OF THEIR OWN LIVES AND FOR THE CONGREGANTS WHO SEEK THEM OUT FOR COUNSELING. WE GRADUATED OUR FIRST CLASS IN DECEMBER OF 2022 AND ARE EXPANDING IT TO CANADA, MEXICO, AFRICA, NEPAL, FRANCE AND ECUADOR AND ECUADOR BEGINNING NEXT SEPTEMBER 2024 WITH 85 STUDENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $423,342
Program Service Revenue $0
Investment Income $0
Other Revenue $35,318
TOTAL REVENUE $458,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $365,427
Fundraising Expenses $15,163
Program Expenses $485,466
Other Expenses $168,558
TOTAL EXPENSES $533,985

Year-over-Year Comparison

2023 2022 Change
Revenue $458,660 $411,334 +0.1%
Expenses $533,985 $369,234 +0.4%
Net Income $-75,325 $42,100 -2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
7
Employees
3
Volunteers
400

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$179,115
Total Directors
9
$179,115
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID ANDERSON CHAIRMAN 1.00
Director
$0 $0 $0
LARRY ILG VICE CHAIR 0.50
Director
$0 $0 $0
TIM KULIN SEC/TREASURER 0.50
Director
$0 $0 $0
ALVIN SIMPKINS BOARD MEMBER 0.50
Director
$0 $0 $0
CARL DEBOSE BOARD MEMBER 0.50
Director
$0 $0 $0
LARRY RUSSELL PRESIDENT 40.00
Officer Director
$44,194 $68,635 $112,829
LORRIE RUSSELL VICE PRESIDENT 40.00
Officer Director
$66,286 $0 $66,286
LINDA ANDERSON BOARD MEMBER 0.50
Director
$0 $0 $0
JEFF ANDERSON BOARD MEMBER 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $458,660 $533,985 $416,098 $-75,325
2022 $411,334 $369,234 $395,126 $42,100
2021 $451,987 $352,566 $352,880 $99,421
2020 $371,475 $290,322 $280,427 $81,153
2019 $340,016 $320,839 $330,696 $19,177
2018 $470,437 $450,635 $149,949 $19,802
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