COLDWATER MINISTRIES INC (EIN 203858808) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

ATHANASIOS T PITSINOS

Phone

2565391944

Tax Period

2023-01-01 to 2023-12-31

COLDWATER MINISTRIES INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $279K in total revenue in fiscal year 2018. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $131K, a strong 47% operating margin.

Mission

ASSISTANCE PROVIDED TO NEEDY FAMILIES AND INDIVIDUALS TO INCLUDE FOOD, MEDICAL EXP, UTILITIES AND SUPPORT OF OTHER RELIGIOUS ACTIVITIES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $306,666

Investment Income $119,084

Other Revenue $0

TOTAL REVENUE $425,750

Expense Breakdown

Grants Paid $31,832

Salaries & Benefits $46,500

Fundraising Expenses $0

Program Expenses $126,957

Other Expenses $50,130

TOTAL EXPENSES $128,462

Year-over-Year Comparison

	2023	2022	Change
Revenue	$425,750	$520,640	-0.2%
Expenses	$128,462	$175,680	-0.3%
Net Income	$297,288	$344,960	-0.1%

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

$46,500

Total Directors

$46,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY E HOOVER	DIR/VP/SEC	40.00	Officer Director	$0	$46,500	$46,500
ATHANASIOS T PITSINOS	DIR/PRES/TREA	2.00	Officer Director	$0	$0	$0
RACHAEL PITSINOS	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$425,750	$128,462	$5,680,589	$297,288
2022	$520,640	$175,680	$5,350,833	$344,960
2021	$559,096	$205,021	$5,005,873	$354,075
2020	$554,428	$100,368	$4,651,798	$454,060
2019	$541,240	$109,852	$4,181,175	$431,388
2018	$278,957	$147,859	$3,749,787	$131,098

COLDWATER MINISTRIES INC