68 Ministries Inc

EIN: 208800123 501(c)(3) Human Services

SAINT JOHNS, FL

Total Revenue
$1,486,003
Total Expenses
$1,479,010
Total Assets
$1,017,354
Net Assets
$981,390
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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
2007
Legal Domicile
FL
Principal Officer
Spencer Boulter
Phone
9043433321
Tax Period
2025-01-01 to 2025-12-31

68 Ministries Inc, founded in 2007, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2025. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

Mission- to provide relief to the poor distressed and underprivileged and educate the public on subjects beneficial to the community of Costa Rica

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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 (2025)

Revenue Breakdown

Contributions & Grants $281,146
Program Service Revenue $1,204,036
Investment Income $821
Other Revenue $0
TOTAL REVENUE $1,486,003

Expense Breakdown

Grants Paid $0
Salaries & Benefits $514,732
Fundraising Expenses $0
Program Expenses $1,236,837
Other Expenses $964,278
TOTAL EXPENSES $1,479,010

Year-over-Year Comparison

2025 2024 Change
Revenue $1,486,003 $1,118,516 +0.3%
Expenses $1,479,010 $1,115,454 +0.3%
Net Income $6,993 $3,062 +1.3%
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
12
Independent Members
12
Employees
13
Volunteers
100

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
5
$77,500
Total Directors
5
$0
Key Employees
1
$77,500
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Major Harding Chairman 0.00
Officer
$0 $0 $0
Spencer Boulter President 0.00
Officer Key Emp Highest
$77,500 $0 $77,500
Susan Disselkoen Secretary 0.00
Officer
$0 $0 $0
Christin Kampfe Director 0.00
Director
$0 $0 $0
Rob Hooper Director 0.00
Director
$0 $0 $0
Jim White Director 0.00
Director
$0 $0 $0
Troy Payne Director 0.00
Director
$0 $0 $0
Vin Malhotra Director 0.00
Director
$0 $0 $0
Seth Johnson Vice Chairman 0.00
Officer
$0 $0 $0
Daniel Gammage Treasurer 0.00
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
2025 $1,486,003 $1,479,010 $1,017,354 $6,993
2024 $1,118,516 $1,115,454 $966,449 $3,062
2023 $1,082,461 $928,763 $970,931 $153,698
2022 $688,311 $698,040 $817,454 $-9,729
2021 $595,299 $551,295 $828,918 $44,004
2020 $561,940 $413,367 $802,859 $148,573
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