CARMAN WORLD OUTREACH INC

EIN: 201912973 501(c)(3)

Heath, TX

Total Revenue
$642,115
Total Expenses
$716,229
Total Assets
$318,807
Net Assets
$270,159
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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
1980
Legal Domicile
OK
Tax Period
2020-01-01 to 2020-12-31

CARMAN WORLD OUTREACH INC, founded in 1980, is a small nonprofit that reported $642K in total revenue in fiscal year 2020. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $716K exceeded revenue, resulting in a 12% operating deficit.

Mission

Preach the Gospel of Jesus Christ

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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 (2020)

Revenue Breakdown

Contributions & Grants $641,918
Program Service Revenue $0
Investment Income $3
Other Revenue $194
TOTAL REVENUE $642,115

Expense Breakdown

Grants Paid $0
Salaries & Benefits $142,265
Fundraising Expenses $0
Program Expenses $443,722
Other Expenses $573,964
TOTAL EXPENSES $716,229

Year-over-Year Comparison

2020 2019 Change
Revenue $642,115 $947,807 -0.3%
Expenses $716,229 $838,241 -0.1%
Net Income $-74,114 $109,566 -1.7%
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
2
Independent Members
2
Employees
1
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
2
$187,265
Total Directors
1
$187,265
Key Employees
1
$187,265
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carman Licciardello Owner 40.00
Officer Director Key Emp Highest
$142,265 $45,000 $187,265
Sandy Licciardello Secretary 20.00
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
2020 $642,115 $716,229 $318,807 $-74,114
2019 $947,807 $838,241 $347,127 $109,566
2018 $860,276 $845,674 $239,342 $14,602
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