HEARING & RECEIVING CHRIST MINISTRIES INC (EIN 043770101) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

MARK BEGARLY

Phone

8658093471

Tax Period

2024-07-01 to 2025-06-30

HEARING & RECEIVING CHRIST MINISTRIES INC, founded in 2003, is a small nonprofit in the Religion sector that reported $407K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $487K exceeded revenue, resulting in a 20% operating deficit.

Mission

Hearing and Receiving Christ is a Christ-centered ministry who trains and then releases people around the world to develop ministries that spread the Gospel of Jesus Christ.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $406,346

Program Service Revenue $0

Investment Income $260

Other Revenue $0

TOTAL REVENUE $406,606

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,165

Fundraising Expenses $74,891

Program Expenses $325,237

Other Expenses $365,801

TOTAL EXPENSES $486,966

Year-over-Year Comparison

	2024	2023	Change
Revenue	$406,606	$369,305	+0.1%
Expenses	$486,966	$304,385	+0.6%
Net Income	$-80,360	$64,920	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$40,625

Total Directors

Key Employees

$55,800

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BOSCHERT	MISSIONARY	50.00	Key Emp	$55,800	$0	$55,800
MARK BEGARLY	PRESIDENT	50.00	Officer	$40,625	$0	$40,625

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
2025	$406,606	$486,966	$163,387	$-80,360
2024	$369,305	$304,385	$229,175	$64,920
2023	$323,573	$299,383	$165,625	$24,190
2022	$273,416	$224,733	$139,285	$48,683
2021	$275,101	$256,603	$90,558	$18,498
2020	$275,080	$280,402	$88,178	$-5,322
2019	$278,587	$227,800	$77,184	$50,787
2018	$252,269	$236,782	$29,178	$15,487

HEARING & RECEIVING CHRIST MINISTRIES INC