Solid Rock Ministries

EIN: 205263656 501(c)(3) Housing & Shelter

Zeeland, MI

Total Revenue
$302,671
Total Expenses
$133,807
Total Assets
$245,728
Net Assets
$245,728
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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
2009
Legal Domicile
MI
Principal Officer
Benjamin Rodgers
Phone
6167486071
Tax Period
2024-01-01 to 2024-12-31

Solid Rock Ministries, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $303K in total revenue in fiscal year 2024. The organization ran a surplus of $169K, a strong 56% operating margin.

Mission

Mission is to repair and upgrade homes to be healthy and usable

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $255,340
Program Service Revenue $47,331
Investment Income $0
Other Revenue $0
TOTAL REVENUE $302,671

Expense Breakdown

Grants Paid $0
Salaries & Benefits $62,829
Fundraising Expenses $0
Program Expenses $64,703
Other Expenses $70,978
TOTAL EXPENSES $133,807

Year-over-Year Comparison

2024 2023 Change
Revenue $302,671 N/A N/A
Expenses $133,807 N/A N/A
Net Income $168,864 N/A N/A
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

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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
12

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
0
$0
Total Directors
1
$58,364
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Benjamin Rodgers Director 25.00
Director
$58,364 $0 $58,364
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 $302,671 $133,807 $245,728 $168,864
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