LIVING WATERS MINISTRIES INC (EIN 237156726) - 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

1990

Legal Domicile

Principal Officer

WAYNE AARUM

Phone

7164923687

Tax Period

2023-01-01 to 2023-12-31

LIVING WATERS MINISTRIES INC, founded in 1990, is a small nonprofit in the Recreation & Sports sector that reported $290K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $430K exceeded revenue, resulting in a 48% operating deficit.

Mission

OPERATE YOUTH CAMPS UNDER THE ENTITIES RELIGIOUS PRINCIPLES.

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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 $191,949

Program Service Revenue $91,494

Investment Income $262

Other Revenue $6,358

TOTAL REVENUE $290,063

Expense Breakdown

Grants Paid $1,200

Salaries & Benefits $182,679

Fundraising Expenses $0

Program Expenses $359,959

Other Expenses $246,369

TOTAL EXPENSES $430,248

Year-over-Year Comparison

	2023	2022	Change
Revenue	$290,063	$434,195	-0.3%
Expenses	$430,248	$414,222	+0.0%
Net Income	$-140,185	$19,973	-8.0%

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

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

$78,000

Total Directors

$9,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE AARUM	PRESIDENT	40.00	Officer	$45,000	$0	$45,000
WESLEY T AARUM	CEO/VICE PRE	5.00	Officer	$0	$0	$0
JOSHUA AARUM	SECRETARY	40.00	Officer	$33,000	$0	$33,000
DARYL DEKALB	TREASURER	1.00	Officer	$0	$0	$0
JULIE AARUM	DIRECTOR	5.00	Director	$5,600	$0	$5,600
CONNIE AARUM	DIRECTOR	1.00	Director	$0	$0	$0
CHLOE AARUM	DIRECTOR	5.00	Director	$4,000	$0	$4,000
NANCY DEKALB	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE MCCLUNG	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$290,063	$430,248	$430,334	$-140,185
2022	$434,195	$414,222	$569,068	$19,973
2021	$353,647	$447,200	$543,571	$-93,553
2020	$489,905	$500,556	$643,586	$-10,651
2019	$931,336	$806,764	$632,954	$124,572
2018	$843,594	$839,763	$502,362	$3,831

LIVING WATERS MINISTRIES INC