AGAPE CHILDREN'S MINISTRY INC (EIN 204191319) - 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

2006

Legal Domicile

Principal Officer

WESLEY M CORBITT

Phone

2095439255

Tax Period

2024-01-01 to 2024-12-31

AGAPE CHILDREN'S MINISTRY INC, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

AGAPE CHILDREN'S MINISTRY, INC. (THE MINISTRY) IS A NOT-FOR-PROFIT CORPORATION ESTABLISHED UNDER THE LAWS OF THE STATE OF CALIFORNIA. THE MINISTRY IS A RELIGIOUS ORGANIZATION DEDICATED TO THE FOLLOWING OBJECTIVES: 1. RESCUING STREET CHILDREN AND AT-RISK CHILDREN IN DEVELOPING COUNTRIES; 2. TO SHARE THE LIFE CHANGING MESSAGE OF THE GOSPEL OF JESUS CHRIST WITH THOSE WE ENCOUNTER PARTICULARLY THE CHILDREN, THEIR FAMILIES, AND THEIR EXTENDED FAMILIES; 3. IN A LOVING, SUPPORTIVE CHRISTIAN ENVIRONMENT, TO REHABILITATE THE CHILDREN WE RESCUE BY PROVIDING APPROPRIATE EDUCATION, TRAINING, COUNSELING, SPIRITUAL MENTORING AND DISCIPLESHIP, AND PREPARATION FOR REINTEGRATION; 4. WHENEVER POSSIBLE, TO REINTEGRATE THE CHILDREN BACK INTO THEIR FAMILIES OR EXTENDED FAMILIES AND BACK INTO THEIR CULTURE AND COMMUNITIES. THE GOALS ARE ACCOMPLISHED THROUGH, BUT NOT LIMITED TO, THE ESTABLISHMENT AND OPERATION OF COMMUNITY REHABILITATION CENTERS, ACADEMIC AND TRAINING PROGRAMS, COUNSELING PROGRAMS, AND DISCI

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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 $1,468,173

Program Service Revenue $0

Investment Income $30,948

Other Revenue $13,011

TOTAL REVENUE $1,512,132

Expense Breakdown

Grants Paid $1,161,441

Salaries & Benefits $258,630

Fundraising Expenses $21,110

Program Expenses $1,488,896

Other Expenses $207,801

TOTAL EXPENSES $1,627,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,512,132	$1,659,183	-0.1%
Expenses	$1,627,872	$1,614,103	+0.0%
Net Income	$-115,740	$45,080	-3.6%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF ALGER	TREASURER &	2.00	Officer Director	$0	$0	$0
DAN BLACKMAN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DARLA CALHOUN	SECRETARY	2.00	Officer Director	$0	$0	$0
WESLEY M CORBITT	PRESIDENT &	2.00	Officer Director	$0	$0	$0
TYLER GIBBS	MEMBER AT LA	2.00	Director	$0	$0	$0
DAN HAMER	MEMBER AT LA	2.00	Director	$0	$0	$0
ANDREW MARZKA	MEMBER AT LA	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
2025	No data	No data	No data	No data
2024	$1,512,132	$1,627,872	$1,200,069	$-115,740
2023	$1,659,183	$1,614,103	$1,255,642	$45,080
2022	$1,171,671	$1,346,485	$1,210,532	$-174,814
2021	$1,425,897	$1,493,897	$1,388,374	$-68,000
2020	$1,428,538	$1,084,781	$1,453,715	$343,757
2019	$1,110,760	$1,075,836	$1,108,690	$34,924
2018	$989,555	$920,237	$1,073,839	$69,318

AGAPE CHILDREN'S MINISTRY INC