LEAP OF FAITH MINISTRIES INC (EIN 201733121) - 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

SCOTT DAUGHERTY

Phone

3172414434

Tax Period

2024-01-01 to 2024-12-31

LEAP OF FAITH MINISTRIES INC, founded in 2004, is a small nonprofit in the Human Services sector that reported $392K in total revenue in fiscal year 2024. Expenses of $372K left a modest 5% surplus.

Mission

PROVIDE CHRISTIAN DAY CARE FOR CHILDREN.

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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 $0

Program Service Revenue $391,533

Investment Income $0

Other Revenue $0

TOTAL REVENUE $391,533

Expense Breakdown

Grants Paid $0

Salaries & Benefits $282,685

Fundraising Expenses $0

Program Expenses $372,434

Other Expenses $89,749

TOTAL EXPENSES $372,434

Year-over-Year Comparison

	2024	2023	Change
Revenue	$391,533	$373,838	+0.0%
Expenses	$372,434	$350,567	+0.1%
Net Income	$19,099	$23,271	-0.2%

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

N/A

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

$101,061

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA M DAUGHERTY	SECRETARY	20.00	Officer	$65,300	$0	$65,300
LISA SHAW	DIRECTOR	40.00	Officer	$32,861	$0	$32,861
SCOTT DAUGHERTY	PRESIDENT	3.00	Officer	$2,900	$0	$2,900
DWIGHT COFFMAN	DIRECTOR	1.00	Officer	$0	$0	$0
PHILLIP E PING	VICE PRESIDE	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	$391,533	$372,434	$268,651	$19,099
2023	$373,838	$350,567	$267,122	$23,271
2022	$410,635	$372,332	$275,918	$38,303
2021	$351,245	$289,266	$246,734	$61,979
2020	$280,977	$330,447	$253,453	$-49,470
2019	$388,909	$372,935	$261,848	$15,974
2018	$467,093	$465,943	$235,037	$1,150

LEAP OF FAITH MINISTRIES INC