MARK 2 MINISTRIES INC (EIN 201816376) - 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

2005

Legal Domicile

Principal Officer

SONDRA STRONG

Phone

5032018321

Tax Period

2024-01-01 to 2024-12-31

MARK 2 MINISTRIES INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $957K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $832K left a modest 13% surplus.

Mission

TO EMPOWER ADULTS WITH DEVELOPMENTAL DISABILITIES TO LIVE, HAVE MEANINGFUL WORK, AND BE A PART OF A COMMUNITY. MARK 2 MINISTRIES, INC. ENDEAVERS TO DO THIS BY PROVIDING SUPPORT SERVICES FOR ACTIVITIES OF DAILY LIVING, JOB COACHING AND COMMUNITY SOCIAL RECREATIONAL ACTIVITIES.

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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 $30,081

Program Service Revenue $895,052

Investment Income $3,226

Other Revenue $28,158

TOTAL REVENUE $956,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $643,455

Fundraising Expenses $0

Program Expenses $782,717

Other Expenses $188,574

TOTAL EXPENSES $832,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$956,517	$839,403	+0.1%
Expenses	$832,029	$733,894	+0.1%
Net Income	$124,488	$105,509	+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

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

$11,613

Total Directors

$11,613

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE STRONG	Vice President	5.00	Officer Director	$11,613	$0	$11,613
SONDRA STRONG	President	10.00	Officer Director	$0	$0	$0
TOM OWEN	Treasurer	1.00	Officer Director	$0	$0	$0
KATHY DITAMASSO	Secretary	3.00	Officer Director	$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	$956,517	$832,029	$1,404,532	$124,488
2023	$839,403	$733,894	$1,294,640	$105,509
2022	$746,990	$694,119	$1,193,494	$52,871
2021	$590,761	$582,907	$795,105	$7,854
2020	$605,843	$632,415	$780,391	$-26,572
2019	$637,812	$625,748	$851,501	$12,064
2018	$627,533	$592,871	$854,869	$34,662

MARK 2 MINISTRIES INC