ERIC HORNER MINISTRIES INC (EIN 201869358) - 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

JOSEPH E HORNER

Tax Period

2024-01-01 to 2024-12-31

ERIC HORNER MINISTRIES INC, founded in 2005, is a small nonprofit in the Religion sector that reported $163K in total revenue in fiscal year 2024. The organization ran a surplus of $36K, a strong 22% operating margin.

Mission

A FULL TIME CHRISTIAN MUSIC MINISTRY TRAVELING AND CONDUCTING WORSHIP SERVICES ACROSS AMERICAN AND ABROAD. WE ALSO MINISTER AND PERFORM ON MILITARY BASES AS A SOURCE OF ENCOURAGEMENT TO THOSE WHO SERVE IN ARMED FORCES.

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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 $36,207

Program Service Revenue $73,342

Investment Income $32

Other Revenue $52,962

TOTAL REVENUE $162,543

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,297

Fundraising Expenses $0

Program Expenses $118,328

Other Expenses $123,319

TOTAL EXPENSES $126,616

Year-over-Year Comparison

	2024	2023	Change
Revenue	$162,543	$155,072	+0.0%
Expenses	$126,616	$145,876	-0.1%
Net Income	$35,927	$9,196	+2.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH E HORNER	PRESIDENT	N/A	Officer	$0	$0	$0
EDWARD A PUCKETT	VICE PRESIDE	N/A	Officer	$0	$0	$0
TAMMI R SCARBROUGH	SECRETARY-TR	N/A	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	$162,543	$126,616	$81,808	$35,927
2023	$155,072	$145,876	$48,847	$9,196
2022	$140,310	$153,300	$39,215	$-12,990
2021	$134,852	$149,977	$41,141	$-15,125
2020	$88,804	$107,305	$4,992	$-18,501
2019	$168,604	$147,438	$4,611	$21,166
2018	$168,504	$158,087	$35,216	$10,417

ERIC HORNER MINISTRIES INC