STEVE HENSHAW MINISTRY INC (EIN 205594328) - 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

STEVE HENSHAW

Phone

9182241049

Tax Period

2024-01-01 to 2024-12-31

STEVE HENSHAW MINISTRY INC, founded in 2006, is a micro nonprofit in the Religion sector that reported $83K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $472K exceeded revenue, resulting in a 471% operating deficit.

Mission

PREACH AND SHARE THE WORD OF GOD BY GUIDING OTHERS IN THEIR SPIRITUAL GROWTH BY SPEAKING BEFORE CONGREGATIONS, AT SEMINARS AND CONFERENCES AND TEACHING THEM TO APPLY BIBLICAL PRINCIPLES WITHIN THEIR EVERYDAY LIFE THROUGH MATERIALS PRODUCED SUCH AS RECORDINGS AND PUBLICATIONS.

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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 $82,655

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $82,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $650

Program Expenses $387,282

Other Expenses $471,642

TOTAL EXPENSES $471,642

Year-over-Year Comparison

	2024	2023	Change
Revenue	$82,655	$61,638	+0.3%
Expenses	$471,642	$141,036	+2.3%
Net Income	$-388,987	$-79,398	+3.9%

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

$134,710

Total Directors

$134,710

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE HENSHAW	PRESIDENT	10.00	Officer Director	$0	$134,710	$134,710
DANIEL KLEEFELD	BOARD MEMBER	1.00	Director	$0	$0	$0
MATT MCBRIAN	BOARD MEMBER	1.00	Director	$0	$0	$0
BEN HENSHAW	SECRETARY	1.00	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	$82,655	$471,642	$5,687,237	$-388,987
2023	$61,638	$141,036	$5,684,811	$-79,398
2022	$1,167,325	$98,865	$4,631,710	$1,068,460
2021	$274,686	$125,759	$655,425	$148,927

STEVE HENSHAW MINISTRY INC