BLANKET AMERICA MINISTRIES INC (EIN 204493497) - 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

LOUIS F STABLES

Phone

7045786337

Tax Period

2023-03-01 to 2024-02-29

BLANKET AMERICA MINISTRIES INC, founded in 2006, is a micro nonprofit that reported $52K in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $34K, a strong 66% operating margin.

Mission

TO REACH OUT TO THE SPIRITUALLY LOST, THE POOR AND DOWN-TRODDEN WITH MATERIAL SUPPORT BUT ALSO WITH ACTS OF TRUE CHRISTIAN LOVE AND CARING THAT WILL SHOW THEM THE LOVE OF JESUS CHRIST AND WITH BIBLES THAT WILL REVEAL TO THEM GOD'S SAVING GRACE AND HIS WILL FOR THEIR LIVES. IN NOVEMBER 2021, DUE TO THE AGING OF THE EQUIPMENT AND OUR GROUP OF VOLUNTEERS, WE CEASED COLLECTING AND DISTRIBUTING USED GOODS AND BEGAN TO SOLELY BE A SOURCE FOR AND DISTRIBUTOR OF BIBLES. WE DISTRIBUTE BIBLES TO ALL WE ENCOUNTER WHETHER LOCALLY TO INDIVIDUALS ENCOUNTERED ALONG LIFE'S WAY, TO CHURCHES OR TO OTHER ORGANIZATIONS MINISTERING TO THE NEEDS OF THE GENERAL POPULATION. CURRENTLY MOST BIBLES ARE PACKAGED AND MAILED TO PRISON INMATES IN ARIZONA, NEW MEXICO, TEXAS, NORTH AND SOUTH CAROLINA, VIRGINIA AND INDIANA.

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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 $15,880

Program Service Revenue $0

Investment Income $0

Other Revenue $35,874

TOTAL REVENUE $51,754

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,846

Other Expenses $17,570

TOTAL EXPENSES $17,570

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,754	$98,318	-0.5%
Expenses	$17,570	$95,524	-0.8%
Net Income	$34,184	$2,794	+11.2%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIS F STABLES	PRESIDENT	N/A	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
2025	No data	No data	No data	No data
2024	$51,754	$17,570	$40,951	$34,184
2023	$98,318	$95,524	$6,767	$2,794
2022	$95,522	$94,083	$3,973	$1,439

BLANKET AMERICA MINISTRIES INC