FOR HIS GLORY MINISTRIES (EIN 205870286) - 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

ROBERT WELCH

Phone

6362653838

Tax Period

2024-01-01 to 2024-12-31

FOR HIS GLORY MINISTRIES, founded in 2006, is a community nonprofit in the Religion sector that reported $1.8M in total revenue in fiscal year 2024.

Mission

FOR HIS GLORY'S MISSION IS TO LAUNCH DISCIPLE-MAKING MOVEMENTS THAT TRANSFORM NATIONS FOR CHRIST.

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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 $1,803,516

Program Service Revenue $0

Investment Income $21,161

Other Revenue $0

TOTAL REVENUE $1,824,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $692,020

Fundraising Expenses $177,519

Program Expenses $1,505,950

Other Expenses $1,102,331

TOTAL EXPENSES $1,794,351

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,824,677	$1,828,124	0.0%
Expenses	$1,794,351	$1,377,341	+0.3%
Net Income	$30,326	$450,783	-0.9%

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

Volunteers

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

$419,419

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE OSTERHOFF	TREASURER	19.00	Director	$0	$0	$0
STEVE DARR	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT WELCH	PRESIDENT	45.00	Officer	$147,360	$45,000	$192,360
MARK LEVESQUE	VICE PRESIDENT	45.00	Officer	$105,667	$36,937	$142,604
DEBORAH HART	SECRETARY	45.00	Officer	$84,455	$0	$84,455
LAURA FARLI	DIRECTOR	20.00	Officer	$0	$0	$0
LARRY COLLETT	CHAIRMAN	1.00	Officer	$0	$0	$0
GREG NICHOLS	DIRECTOR	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	$1,824,677	$1,794,351	$614,157	$30,326
2023	$1,828,124	$1,377,341	$583,353	$450,783
2022	$1,109,076	$1,327,362	$132,440	$-218,286
2021	$1,259,993	$1,016,414	$351,749	$243,579
2020	$829,661	$788,259	$115,832	$41,402
2019	$834,154	$767,981	$65,585	$66,173
2018	$678,592	$609,738	$7,741	$68,854

FOR HIS GLORY MINISTRIES