TRANSFORMING LEADERS IN ASIA MINIS… - Form 990 Financial Data

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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

RAY STROUP

Phone

2059852929

Tax Period

2024-01-01 to 2024-12-31

TRANSFORMING LEADERS IN ASIA MINISTRIES, founded in 2003, is a small nonprofit in the Religion sector that reported $317K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $62K, a strong 19% operating margin.

Mission

THE ORGANIZATION SEEKS TO MOBILIZE NATIVE CHRISTIAN LEADERS IN ASIA TO IMPACT THE CHURCH AND SOCIETY THROUGH THE TRANSFORMING POWER OF THE GOSPEL OF LORD JESUS CHRIST. THE ORGANIZATION WILL ACTIVELY EQUIP, ENCOURAGE, AND EMPOWER NATIVE CHRISTIAN LEADERS FOR THE FURTHERANCE OF THE KINGDOM OF GOD IN ASIA.

Program Service Accomplishments

Program 1

Expenses: $253,600

INDIA MISSIONS

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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 $317,013

Program Service Revenue $0

Investment Income $4

Other Revenue $0

TOTAL REVENUE $317,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $253,600

Other Expenses $255,297

TOTAL EXPENSES $255,297

Year-over-Year Comparison

	2024	2023	Change
Revenue	$317,017	$264,884	+0.2%
Expenses	$255,297	$248,935	+0.0%
Net Income	$61,720	$15,949	+2.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AK LAMA	DIRECTOR FOR FIELD MINISTR	40.00	Director	$0	$0	$0
ASANGLA AO	DIRECTOR OF WOMEN'S MINIST	40.00	Director	$0	$0	$0
TEUNIS LEE DEYOUNG	SECRETARY	2.00	Director	$0	$0	$0
RAY STROUP	TREASURER	2.00	Director	$0	$0	$0
SHERON CONNER	BOARD MEMBER	2.00	Director	$0	$0	$0
TED VONK	PRESIDENT	2.00	Director	$0	$0	$0
WILLIAM CONNER	BOARD MEMBER	2.00	Director	$0	$0	$0
BILL MARSHALL	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT DAVIS	BOARD MEMBER	2.00	Director	$0	$0	$0
TIESE STROUP	BOARD MEMBER	2.00	Director	$0	$0	$0
ELEANOR VONK	BOARD MEMBER	2.00	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	$317,017	$255,297	$92,314	$61,720
2023	$264,884	$248,935	$30,594	$15,949
2022	$300,500	$336,147	$14,645	$-35,647
2021	$208,805	$330,774	$50,292	$-121,969
2020	$246,278	$151,390	$172,261	$94,888

TRANSFORMING LEADERS IN ASIA MINISTRIES