KOOME MINISTRIES INC (EIN 205982545) - 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

KHODOR SHAMI

Tax Period

2023-01-01 to 2023-12-31

KOOME MINISTRIES INC, founded in 2006, is a small nonprofit in the Religion sector that reported $202K in total revenue in fiscal year 2023.

Mission

IT IS OUR HEARTS CRY TO REACH A LOST & OPPRESSED PEOPLE THROUGH EDUCATION, RELATIONSHIP, & PRAYER AS TO THE TRUTH & LIBERTY IN CHRIST JESUS. TEACHING THE REDEEMING POWER OF THE GOD OF ABRAHAM, ISAAC, & JACOB. OUR MISSION IS TO SEE ISHMAEL REDEEMED.

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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 $195,867

Program Service Revenue $0

Investment Income $0

Other Revenue $5,901

TOTAL REVENUE $201,768

Expense Breakdown

Grants Paid $2,860

Salaries & Benefits $152,235

Fundraising Expenses $0

Program Expenses $174,030

Other Expenses $46,454

TOTAL EXPENSES $201,549

Year-over-Year Comparison

	2023	2022	Change
Revenue	$201,768	$210,848	0.0%
Expenses	$201,549	$205,889	0.0%
Net Income	$219	$4,959	-1.0%

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

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

$88,660

Total Directors

$88,660

Key Employees

$45,261

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KHODOR SHAMI	PRESIDENT	70.00	Officer Director	$47,160	$41,500	$88,660
JENNIFER CANADAY	COMMUNICATIONS DIRECTOR	40.00	Key Emp	$45,261	$0	$45,261
WAYNE PENDLETON	MINISTRY DIRECTOR	1.00	Director	$0	$0	$0
MARK COWART	SECRETARY AND TREASURER	1.00	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	No data	No data	No data	No data
2023	$201,768	$201,549	$94,767	$219
2022	$210,848	$205,889	$94,626	$4,959
2021	$231,725	$192,306	$89,163	$39,419
2020	$214,911	$195,614	$49,970	$19,297
2019	$204,034	$220,102	$31,979	$-16,068
2018	$176,779	$189,035	$46,621	$-12,256

KOOME MINISTRIES INC