JACOBS WELL MINISTRIES INC (EIN 202882773) - 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

Jacob R Brogan

Phone

6017465144

Tax Period

2023-06-01 to 2024-05-31

JACOBS WELL MINISTRIES INC, founded in 2005, is a community nonprofit in the Housing & Shelter sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

Jacob's Well Ministries, Inc. is a 6-month, Christ-centered addiction recovery center for men and women.

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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 (2023)

Revenue Breakdown

Contributions & Grants $101,805

Program Service Revenue $2,066,710

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,168,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $917,606

Fundraising Expenses $0

Program Expenses $2,038,337

Other Expenses $1,256,589

TOTAL EXPENSES $2,174,195

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,168,515	$2,650,561	-0.2%
Expenses	$2,174,195	$2,613,352	-0.2%
Net Income	$-5,680	$37,209	-1.2%

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

133

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

$309,517

Total Directors

$231,517

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles A Haynes	Chief Executive Officer	60	Officer	$78,000	$0	$78,000
Cary Neff	Director of Human Resources	60	Officer Director	$60,320	$0	$60,320
Susan E Johnson	President, Director of Jacob's Well Recovery Center for Women	60	Officer Director	$60,000	$0	$60,000
Clarence Tilghman	Chief Executive Pastor	40	Officer Director	$59,197	$0	$59,197
Jacob R Brogan	Chief Financial Officer	60	Officer Director	$52,000	$0	$52,000
Teresa Tilghman	Board Member, Curriculum Advisor	40	Director	$0	$0	$0
Tammy Tubman	Board Member	3	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
2025	No data	No data	No data	No data
2024	$2,168,515	$2,174,195	$1,325,947	$-5,680
2023	$2,650,561	$2,613,352	$996,891	$37,209
2022	$2,612,595	$2,670,835	$1,260,118	$-58,240
2021	$2,029,522	$1,951,966	$625,497	$77,556

JACOBS WELL MINISTRIES INC