ED TANDY MCGLASSON MINISTRIES INC

EIN: 201282918 501(c)(3)

ORANGE, CA

Total Revenue
$269,429
Total Expenses
$275,349
Total Assets
$81,525
Net Assets
$-68,646
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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
2004
Legal Domicile
CA
Principal Officer
ED TANDY MCGLASSON
Phone
7147682867
Tax Period
2023-01-01 to 2023-12-31

ED TANDY MCGLASSON MINISTRIES INC, founded in 2004, is a small nonprofit that reported $269K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

Our mission is to share the gospel of Jesus Christ and the good news of our heavenly Father's extensive love to spiritually orphaned men and women.We equip the family to be healthy growing and full of love.

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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 $269,429
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $269,429

Expense Breakdown

Grants Paid $0
Salaries & Benefits $185,682
Fundraising Expenses $69
Program Expenses $267,743
Other Expenses $89,667
TOTAL EXPENSES $275,349

Year-over-Year Comparison

2023 2022 Change
Revenue $269,429 $321,306 -0.2%
Expenses $275,349 $314,209 -0.1%
Net Income $-5,920 $7,097 -1.8%
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
2
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
1
$108,100
Total Directors
1
$108,100
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ED TANDY MCGLASSON President 40.00
Officer Director
$108,100 $0 $108,100
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 $269,429 $275,349 $81,525 $-5,920
2022 $321,306 $314,209 $92,891 $7,097
2021 $275,725 $363,608 $87,660 $-87,883
2020 $241,904 $322,371 $171,384 $-80,467
2019 $357,765 $328,934 $108,514 $28,831
2018 $295,256 $277,336 $74,750 $17,920
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