Radiance Ministries (EIN 203902261) - 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

2015

Legal Domicile

Principal Officer

Carroll R Jones

Phone

2103365419

Tax Period

2024-01-01 to 2024-12-31

Radiance Ministries, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $263K in total revenue in fiscal year 2024.

Mission

Christian music ministry and ministerial teachings.

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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 $246,351

Program Service Revenue $0

Investment Income $16,553

Other Revenue $0

TOTAL REVENUE $262,904

Expense Breakdown

Grants Paid $0

Salaries & Benefits $176,305

Fundraising Expenses $0

Program Expenses $219,323

Other Expenses $91,338

TOTAL EXPENSES $267,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$262,904	$271,078	0.0%
Expenses	$267,643	$247,907	+0.1%
Net Income	$-4,739	$23,171	-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

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

$166,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carroll R Jones	Director	40.00	Officer	$160,000	$0	$160,000
Michael D Bernick	Director	1.00	Officer	$6,000	$0	$6,000
Barbara S Bernick	Director	1.00	Officer	$0	$0	$0
Brett Rowe	Director	1.00	Officer	$0	$0	$0
Ginger Rowe	Director	1.00	Officer	$0	$0	$0
Ruben Fechner	Director	1.00	Officer	$0	$0	$0
Sandra Fechner	Director	1.00	Officer	$0	$0	$0
Bill Robertson	Director	1.00	Officer	$0	$0	$0
Andrea L Kowalsky-Jones	Director	0.00	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
2024	$262,904	$267,643	$381,753	$-4,739
2023	$271,078	$247,907	$385,411	$23,171
2022	$282,926	$238,316	$362,085	$44,610
2021	$273,494	$223,411	$317,891	$50,083
2020	$307,377	$187,576	$265,977	$119,801
2019	$248,449	$203,373	$171,155	$45,076

Radiance Ministries