GALKIN EVANGELISTIC MINISTRIES (EIN 200362338) - 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

Principal Officer

WILLIAM D GALKIN

Phone

3039722606

Tax Period

2024-01-01 to 2024-12-31

GALKIN EVANGELISTIC MINISTRIES, founded in 2003, is a small nonprofit in the Religion sector that reported $240K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $207K left a modest 14% surplus.

Mission

SPREADING THE GOSPEL OF JESUS CHRIST THROUGH EVANGELISTIC MEETINGS HELD IN CHURCHES, CAMPS, COLLEGES, UNIVERSITIES AND OTHER VENUES. THE ORGANIZATION ASSISTS CHURCHES IN DEVELOPING EVANGELISTIC PROGRAMS THROUGH TRAINING STAFF AND CHURCH MEMBERS.

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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 $213,624

Program Service Revenue $0

Investment Income $8,360

Other Revenue $17,669

TOTAL REVENUE $239,653

Expense Breakdown

Grants Paid $24,173

Salaries & Benefits $132,692

Fundraising Expenses $0

Program Expenses $152,552

Other Expenses $49,669

TOTAL EXPENSES $206,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$239,653	$213,928	+0.1%
Expenses	$206,534	$211,452	0.0%
Net Income	$33,119	$2,476	+12.4%

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

$131,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM D GALKIN	PRESIDENT	40.00	Officer	$124,200	$0	$124,200
CHRISTY GALKIN	VP	5.00	Officer	$7,796	$0	$7,796
JONATHAN ALBRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
BOB ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
WESLEY CURTIS	TREASURER	1.00	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	$239,653	$206,534	$321,586	$33,119
2023	$213,928	$211,452	$293,942	$2,476
2022	$223,802	$195,828	$283,407	$27,974
2021	$150,542	$179,146	$255,930	$-28,604
2020	$181,976	$176,479	$284,202	$5,497
2019	$306,959	$239,562	$279,853	$67,397
2018	$295,971	$287,867	$226,685	$8,104

GALKIN EVANGELISTIC MINISTRIES