MUSTARD SEED MINISTRY INC

EIN: 205149710 501(c)(3) Housing & Shelter

SURPRISE, AZ

Total Revenue
$193,263
Total Expenses
$143,269
Total Assets
$1,521,821
Net Assets
$1,521,821
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
AZ
Phone
6235830311
Tax Period
2024-01-01 to 2024-12-31

MUSTARD SEED MINISTRY INC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $193K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $50K, a strong 26% operating margin.

Mission

TO OPERATE AS A SHELTER, SOUP KITCHEN AND OUTREACH TO PROVIDE AND FEED THOSE THAT ARE HUNGRY BOTH SPIRITUALLY AND PHYSICALLY WITH FOOD AND RELIGIOUS COMMUNION. TO PROVIDE TEMPORARY SHELTER TO INDIVIDUALS AND FAMILIES FREE FROM ADDICTION TO PROVIDE A HOUSE OF WORSHIP FOR THOSE THAT SEEK SALVATION.

Program Service Accomplishments

Program 1
Expenses: $127,716 Revenue: $173,553

CHURCH BUILDING FUNCTIONS AS ANY OTHER CHURCH DOES AS TO PREACH THE WORD OF GOD AND TO OFFER A PLACE OF FAITH AND HOPE TO ALL THOSE IN THE COMMUNITY. A PLACE TO OFFER GUIDANCE FOR STAYING IN THE...

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CHURCH BUILDING FUNCTIONS AS ANY OTHER CHURCH DOES AS TO PREACH THE WORD OF GOD AND TO OFFER A PLACE OF FAITH AND HOPE TO ALL THOSE IN THE COMMUNITY. A PLACE TO OFFER GUIDANCE FOR STAYING IN THE SHELTER SERVICES, OR THOSE THAT SEEK SALVATION.CHURCH BUILDING FAITH OUTREACH PROVIDES RENTAL INCOME TO THE FILING ORGANIZATION BY LEASING THE BUILDING TO ANOTHER TAX EXEMPT ORGANIZATION THAT UTILIZES THE FACILITY TO FURTHER ITS TAX EXEMPT PURPOSE, WHILE THE FILING ORGANIZATION ALLOCATES THE REVENUE FROM THE LEASE TO MAINTAIN THE BUILDING AND GROUNDS OF THE CHURCH BUILDING. THE LEASEE ALSO PAYS 50% OF THE INCURRED UTILITY COST REGARDING THE CHURCH BUILDING. ALL INCOME EARNED FROM THE LEASE AND REIMBURSEMENT OF UTILITIES ARE MADE AVAILABLE TO THE ADMINISTRATIVE ACCOUNT TO HELP WITH THE PHASE 1 AND PHASE 2 CONSTRUCTION COSTS. THE LISTED EXPENSES DOES NOT DEPLICT THE AMOUNT PAID BY THE LEASEE AS THE LEASEE ONLY PROVIDES FOR UTILITIES AND NOT ALL EXPENSES INCURRED BY THE CHURCH BUILDING. THE REVENUE LISTED IS FOR A 12 MONTH PERIOD STARTING JAN UNTIL DEC ALTHOUGH THE LEASE RUNS SEPT TO AUG.

Program 2

SOCIAL HALL/SOUP KITCHEN TO PROVIDE HOT MEALS TO THOSE IN NEED AND ALSO TO PREPARE HOT MEALS FOR DELIVERY TO THE ELDERLY AND LOW INCOME FAMILIES DUE TO ILLNESS OR LACK OF TRANSPORTATION. THIS...

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SOCIAL HALL/SOUP KITCHEN TO PROVIDE HOT MEALS TO THOSE IN NEED AND ALSO TO PREPARE HOT MEALS FOR DELIVERY TO THE ELDERLY AND LOW INCOME FAMILIES DUE TO ILLNESS OR LACK OF TRANSPORTATION. THIS BUILDING IS STILL UNDER CONSTRUCTION. THE SOCIAL HALL/SOUP KITCHEN IS AWAITING ITS FINAL INSPECTION AND ITS C.OFO. FROM THE CITY OF SURPRISE, IT HAS ITS HEALTH PERMIT IN PLACE AND ONLY NEEDS ITS FINAL ITEMS SUCH AS DISHES, SERVING RACKS, TABLES AND CHAIRS. THE BULK OF THE CONSTRUCTION COST HAS BEEN PAID FOR BY THE DONATIONS RECEIVED FROM ITS BOARD MEMBERS AND THE RENTS RECIEVED FROM THE CHURCH BUILDING THAT IT LEASES TO ANOTHER 501(C)(3) ORGANIZATION. THE EXPENSE LINE FOR THIS ACTIVITY IS CURRENTLY ZERO DUE TO CONSTRUCTING THE BUILDING AND THAT EXPENSE IS REFLECTED IN MISC ASSETS.

Program 3

SHELTER SERVICES/TEMPORARY HOUSING TO PROVIDE TEMPORARY HOUSING TO THOSE INDIVIDUALS AND FAMILIES THAT QUALIFY AS A FINAL STEP TO GETTING BACK TO A STANDARD WAY OF LIVING AND TO STREGHTEN THE IDEA...

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SHELTER SERVICES/TEMPORARY HOUSING TO PROVIDE TEMPORARY HOUSING TO THOSE INDIVIDUALS AND FAMILIES THAT QUALIFY AS A FINAL STEP TO GETTING BACK TO A STANDARD WAY OF LIVING AND TO STREGHTEN THE IDEA THAT ANYTHING IS POSSIBLE WITH FAITH AND HARD WORK. THIS BUILDING IS STILL UNDER CONSTRUCTION.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,710
Program Service Revenue $173,553
Investment Income $0
Other Revenue $0
TOTAL REVENUE $193,263

Expense Breakdown

Grants Paid $101,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $127,716
Other Expenses $41,769
TOTAL EXPENSES $143,269

Year-over-Year Comparison

2024 2023 Change
Revenue $193,263 $208,904 -0.1%
Expenses $143,269 $16,336 +7.8%
Net Income $49,994 $192,568 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERRY LOPEZ Secretary 3.00
Officer Director
$0 $0 $0
VALENTINE TERRONES PRESIDENT/TREAS 3.00
Officer Director
$0 $0 $0
ANNA GARCIA Director 3.00
Director
$0 $0 $0
PAMELA LINDER Director 3.00
Director
$0 $0 $0
LUCY HARBORT Trustee 3.00
Officer 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 $193,263 $143,269 $1,521,821 $49,994
2023 $208,904 $16,336 $1,471,827 $192,568
2022 $248,881 $20,817 $1,381,901 $228,064
2021 $108,658 $18,125 $1,391,459 $90,533
2020 $43,671 $15,856 $960,662 $27,815
2019 $44,434 $10,409 $932,848 $34,025
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