SHALOM PLACE T/A ABUNDANT LIVING MINISTRIES (EIN 231971129) - 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

1980

Legal Domicile

Principal Officer

REV JOHN CHARLES

Phone

7176269575

Tax Period

2023-01-01 to 2023-12-31

SHALOM PLACE T/A ABUNDANT LIVING MINISTRIES, founded in 1980, is a small nonprofit in the Human Services sector that reported $194K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $250K exceeded revenue, resulting in a 29% operating deficit.

Mission

HELPS INDIVIDUALS AND FAMILIES DISCOVER AND APPLY GOD'S POWERFULLY- TRANSFORMING SCRIPTURAL PRINCIPLES BY PROVIDING COUNSELING SERVICES AND SEMINARS.

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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 $173,203

Program Service Revenue $20,508

Investment Income $0

Other Revenue $409

TOTAL REVENUE $194,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,771

Fundraising Expenses $2,035

Program Expenses $187,770

Other Expenses $71,106

TOTAL EXPENSES $249,877

Year-over-Year Comparison

	2023	2022	Change
Revenue	$194,120	$232,390	-0.2%
Expenses	$249,877	$231,457	+0.1%
Net Income	$-55,757	$933	-60.8%

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

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

$100,605

Total Directors

$100,605

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV JOHN CHARLES	PRESIDENT	40.00	Officer Director	$100,605	$0	$100,605
WILLIAM HALDEMAN	TREASURER/SE	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	$194,120	$249,877	$39,714	$-55,757
2022	$232,390	$231,457	$86,125	$933
2021	$211,694	$234,330	$85,163	$-22,636
2020	$176,646	$231,292	$113,195	$-54,646
2019	$180,476	$233,224	$162,430	$-52,748
2018	$274,652	$233,538	$215,178	$41,114

SHALOM PLACE T/A ABUNDANT LIVING MINISTRIES