EFFECTIVE MINISTRIES INC

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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

2006

Legal Domicile

Principal Officer

MICHAEL THALER

Phone

8042854463

Tax Period

2024-01-01 to 2024-12-31

EFFECTIVE MINISTRIES INC, founded in 2006, is a community nonprofit in the Religion sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 4% surplus.

Mission

EFFECTIVE MINISTRIES, INC. IS A REGISTERED 501(C)(3) NON-PROFIT ORGANIZATION CREATED TO PROVIDE ASSISTANCE TO NON-PROFIT ORGANIZATIONS IN NIGER, AFRICA AND RICHMOND, VIRGINIA. EMI MANAGES THE LINK AND PARTNERS WITH ROBINSON THEATER COMMUNITY ARTS CENTER.

Program Service Accomplishments

Program 1

Expenses: $1,292,005

MISSION TRIPS TO SUPPORT THE COMMUNITY OF NIGER, AFRICA. SOME MISSIONS ARE MEDICAL, YOUTH AND CHILDREN CAMPS, ORPHANGE SUPPORT, ETC. THE ORGANIZATION ALSO ASSISTS SEVERAL EXEMPT ORGANIZATIONS WITH...

MISSION TRIPS TO SUPPORT THE COMMUNITY OF NIGER, AFRICA. SOME MISSIONS ARE MEDICAL, YOUTH AND CHILDREN CAMPS, ORPHANGE SUPPORT, ETC. THE ORGANIZATION ALSO ASSISTS SEVERAL EXEMPT ORGANIZATIONS WITH SUPPORT HELP SO THAT THE EXEMPT PURPOSES COULD BE MET AND MORE MINISTRY WORK COULD BE COMPLETE.

Program 2

Expenses: $286,707

PROVIDED SUPPORT IN NIGER, AFRICA IN THE AREAS OF HEALTH, WATER, ORPHANS, EDUCATION, AND MICRO-BUSINESS THROUGH LIVETEN24 PROGRAM. PROVIDED FOOD, MEDICATION, AND GIFTS TO HOSPITALIZED CHILDREN...

PROVIDED SUPPORT IN NIGER, AFRICA IN THE AREAS OF HEALTH, WATER, ORPHANS, EDUCATION, AND MICRO-BUSINESS THROUGH LIVETEN24 PROGRAM. PROVIDED FOOD, MEDICATION, AND GIFTS TO HOSPITALIZED CHILDREN. DRILLED WELLS, PROVIDED SCHOLARSHIPS FOR ORPHANS, PROVIDED EQUIPMENT FOR JOB TRAINING.

Program 3

Expenses: $121,208

CONSTRUCTED SCHOOLS TO SUPPORT EDUCATIONAL DEVELOPMENT IN NIGER, AFRICA.

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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 $1,854,110

Program Service Revenue $0

Investment Income $0

Other Revenue $-1,579

TOTAL REVENUE $1,852,531

Expense Breakdown

Grants Paid $0

Salaries & Benefits $557,624

Fundraising Expenses $0

Program Expenses $1,709,692

Other Expenses $1,228,214

TOTAL EXPENSES $1,785,838

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,852,531	$1,506,452	+0.2%
Expenses	$1,785,838	$1,649,698	+0.1%
Net Income	$66,693	$-143,246	-1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL THALER	PRESIDENT	N/A	Officer	$0	$0	$0
ALEXANDRA DIFFEE	SECRETARY	N/A	Officer	$0	$0	$0
DENNIS WILSON	DIRECTOR	N/A	Officer	$0	$0	$0
CHARLES RICE	DIRECTOR	N/A	Officer	$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	$1,852,531	$1,785,838	$536,784	$66,693
2023	$1,506,452	$1,649,698	$470,091	$-143,246
2022	$1,321,945	$1,435,370	$613,337	$-113,425
2021	$1,376,619	$1,301,753	$726,762	$74,866
2021	$1,376,619	$1,301,753	$726,762	$74,866
2020	$964,343	$1,031,285	$651,896	$-66,942
2019	$1,282,679	$1,155,168	$718,838	$127,511
2018	$1,337,485	$1,349,996	$591,327	$-12,511