CHANNELS OF LOVE MINISTRIES INC (EIN 201602391) - 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

2004

Legal Domicile

Principal Officer

DAWN GROSS

Phone

4237564673

Tax Period

2024-10-01 to 2025-09-30

CHANNELS OF LOVE MINISTRIES INC, founded in 2004, is a small nonprofit that reported $148K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO STRENGTHEN AND EMPOWER THOSE INFECTED WITH OR AFFECTED BY HIV/AIDS THROUGH INNOVATIVE CLIENT SERVICES, PROGRAMS AND EDUCATION WHILE PRESENTING CHRIST'S UNCONDITIONAL LOVE AND HIS PROMISE OF SALVATION.

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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 $147,322

Program Service Revenue $0

Investment Income $246

Other Revenue $16

TOTAL REVENUE $147,584

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,816

Fundraising Expenses $0

Program Expenses $128,687

Other Expenses $49,733

TOTAL EXPENSES $151,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$147,584	$134,707	+0.1%
Expenses	$151,549	$143,328	+0.1%
Net Income	$-3,965	$-8,621	-0.5%

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

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

$50,000

Total Directors

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CENTEL ALVARADO WHEELER	EXECUTIVE DIRECTOR	36.00	Officer Director	$50,000	$0	$50,000
STEPHEN EVANS	DIRECTOR	0.67	Director	$0	$0	$0
SHEILA HUMPHRIES	DIRECTOR	0.77	Director	$0	$0	$0
EUNDRA PORTER	BOARD CHAIR	0.48	Officer	$0	$0	$0
PATSY EVANS	BOARD SECRETARY	0.67	Officer	$0	$0	$0
DAWN GROSS	BOARD TREASURER	1.25	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
2025	$147,584	$151,549	$76,070	$-3,965
2024	$134,707	$143,328	$80,035	$-8,621
2023	$137,298	$130,804	$88,654	$6,494
2022	$125,750	$127,051	$82,160	$-1,301
2021	$114,072	$121,436	$83,727	$-7,364
2020	$128,539	$114,151	$90,823	$14,388

CHANNELS OF LOVE MINISTRIES INC