DAYSPRING MINISTRIES

EIN: 222479586 501(c)(3)

HACKETTSTOWN, NJ

Total Revenue
$385,809
Total Expenses
$398,357
Total Assets
$44,787
Net Assets
$44,787
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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
1986
Legal Domicile
NJ
Principal Officer
B HAWTHORNE
Phone
9086845034
Tax Period
2024-07-01 to 2025-06-30

DAYSPRING MINISTRIES, founded in 1986, is a small nonprofit that reported $386K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

DIRECT FINANCIAL SUPPORT FOR FOOD AND MINISTRY PROGRAMS

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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 $385,809
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $385,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $395,057
Other Expenses $398,357
TOTAL EXPENSES $398,357

Year-over-Year Comparison

2024 2023 Change
Revenue $385,809 $493,278 -0.2%
Expenses $398,357 $568,714 -0.3%
Net Income $-12,548 $-75,436 -0.8%
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
3
Independent Members
3
Employees
N/A
Volunteers
20

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE HAWTHORNE TRUSTEE 2.00
Director
$0 $0 $0
REV SCOTT HOFFMAN TRUSTEE 1.00
Director
$0 $0 $0
DR JUDITH BANKS TRUSTEE 1.00
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
2025 $385,809 $398,357 $44,787 $-12,548
2024 $493,278 $568,714 $57,335 $-75,436
2023 $431,545 $395,987 $132,771 $35,558
2022 $525,882 $522,976 $97,211 $2,906
2021 $422,412 $417,089 $94,306 $5,323
2019 $419,447 $396,504 $101,103 $22,943
2018 $489,085 $523,234 $78,159 $-34,149
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