SHUNEM MINISTRIES INC (EIN 203363838) - 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

JOY ALCOCK

Tax Period

2023-01-01 to 2023-12-31

SHUNEM MINISTRIES INC, founded in 2005, is a small nonprofit in the Religion sector that reported $128K in total revenue in fiscal year 2023. The organization ran a surplus of $36K, a strong 28% operating margin.

Mission

PASTORAL CARE MISSIONARY SUPPORTMAINTAIN A PLACE OF RETREAT FOR TRAVELING MISSIONARIES AND RELIEF WORKERS

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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 $128,139

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $128,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $92,224

Other Expenses $92,224

TOTAL EXPENSES $92,224

Year-over-Year Comparison

	2023	2022	Change
Revenue	$128,140	$130,393	0.0%
Expenses	$92,224	$114,171	-0.2%
Net Income	$35,916	$16,222	+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

N/A

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	Role	Reportable Comp	Other Comp	Total
RANDALL FREEMAN	MEMBER	Director	$0	$0	$0
HARRIET CHAPMAN	MEMBER	Director	$0	$0	$0
NANCY MCRAE	MEMBER	Director	$0	$0	$0
IAN SWYERS	MEMBER	Director	$0	$0	$0
LARRY DEMINT	MEMBER	Director	$0	$0	$0
SHIRLEY DUNCAN	MEMBER	Director	$0	$0	$0
SHERRY JOHNSON	MEMBER	Director	$0	$0	$0
STAN TYNER	MEMBER	Director	$0	$0	$0
JOY ALCOCK	PRESIDENT	Officer Director	$0	$0	$0
FRAN LANE	TREASURER	Officer	$0	$0	$0
DANNY BAKER	SECRETARY	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	No data	No data	No data	No data
2023	$128,140	$92,224	$482,050	$35,916
2022	$130,393	$114,171	$474,489	$16,222
2021	$141,717	$127,293	$475,680	$14,424
2019	$100,900	$137,323	$565,086	$-36,423
2018	$83,472	$85,661	$614,396	$-2,189

SHUNEM MINISTRIES INC