SPIRITUAL SUCCESS INST INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

JAMES R HOOD JR

Phone

8642713434

Tax Period

2018-01-01 to 2018-12-31

SPIRITUAL SUCCESS INST INC, founded in 1975, is a small nonprofit in the Religion sector that reported $109K in total revenue in fiscal year 2018. Revenue surged 20% from the prior year, signaling strong growth momentum. Net assets of $226K represent 25 months of operating reserves.

Mission

SPIRITUAL SUCCESS INSTITUTE, INC. EXISTS TO FACILITATE PROVIDING SHORT-TERM ASSISTANCE TO CHURCHES AND MINISTERS OF RELIGION (OF LIKE FAITH AND PRACTICE WITH OUR ORGANIZATION) BY MEANS OF THE ON-SITE WORK OF OUR EMPLOYEES AND/OR BY MEANS OF THE BIBLE-BASED LITERARY RESOURCES WHICH WE MAKE AVAILABLE.

Program Service Accomplishments

Program 1

Expenses: $59,228 Revenue: $41,423

MINISTRY OF EVANGELIST IN DEVELOPING NATIONS - IN 2018, OUR ORGANIZATION'S PRESIDENT AND HIS FAMILY LIVED IN CAVITE, PHILIPPINES FOR 8 MONTHS WHILE PROVIDING THE SERVICE OF SPECIALIZED BIBLICAL...

MINISTRY OF EVANGELIST IN DEVELOPING NATIONS - IN 2018, OUR ORGANIZATION'S PRESIDENT AND HIS FAMILY LIVED IN CAVITE, PHILIPPINES FOR 8 MONTHS WHILE PROVIDING THE SERVICE OF SPECIALIZED BIBLICAL TEACHING AND PREACHING TO 12 CHURCHES DURING WEEKLY MEETINGS, CAMPS, AND CONFERENCES. THIS SERVICE INCLUDED AT LEAST 156 SESSIONS WHEN OUR ORGANIZATION'S PRESIDENT SPOKE TO A GROUP OF PEOPLE, AND APPROXIMATELY 1,950 PEOPLE BENEFITED DIRECTLY FROM THIS SERVICE IN 2018. ON A VOLUNTEER BASIS, HIS WIFE ASSISTED HIM EVERY WEEK - AS AN ADDITIONAL TEACHER - TO PROVIDE THIS PROGRAM SERVICE.

Program 2

Expenses: $14,063 Revenue: $8,175

FINANCIAL ASSISTANCE TO QUALIFIED ORGANIZATIONS AND INDIVIDUALS - IN 2018, WE GAVE CERTAIN AMOUNTS OF FINANCIAL ASSISTANCE TO THREE BONA-FIDE ORGANIZATIONS, TWO FOREIGN AND ONE DOMESTIC, IN ORDER TO HELP THEM PAY FOR THEIR FUNCTIONAL EXPENSES. FUNDS WERE GIVEN TO TWO CHURCHES IN THE PHILIPPINES IN ORDER TO AID THEIR PURCHASE OF 2 LOW-COST VEHICLES AND TO PAY EXPENSES FOR IMPORTING & DISTRIBUTING 640 CUBIC FT. OF RELIEF GOODS TO 5 CHURCHES AND 1 ORPHANAGE.

Program 3

Expenses: $14,172 Revenue: $7,956

CORRESPONDENCE COURSE WITHIN THE U.S.A. - WE MAILED 883 PAMPHLETS TO ACTIVE ENROLLEES IN SEVERAL STATES DURING 2018, INDICATING AN AVERAGE OF 25 ADULTS (MOSTLY INMATES) EACH MONTH WHO CONSISTENTLY...

CORRESPONDENCE COURSE WITHIN THE U.S.A. - WE MAILED 883 PAMPHLETS TO ACTIVE ENROLLEES IN SEVERAL STATES DURING 2018, INDICATING AN AVERAGE OF 25 ADULTS (MOSTLY INMATES) EACH MONTH WHO CONSISTENTLY BENEFITTED FROM THESE FREE BIBLE STUDY COURSES. THESE COURSES PROVIDE INSTRUCTION FOR UP TO 24 MONTHS BY EIGHT SERIES OF LESSONS; AND GREETING CARDS AND BIBLE MEMORY AIDS WERE MAILED TO THOSE ENROLLEES THROUGHOUT 2018. ADDITIONALLY, THE FIRST LESSON BOOK OF THIS COURSE WAS GIVEN TO 6,037 INDIVIDUALS DURING THE YEAR 2018.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $68,289

Program Service Revenue $0

Investment Income $37,457

Other Revenue $2,788

TOTAL REVENUE $108,534

Expense Breakdown

Grants Paid $14,063

Salaries & Benefits $66,563

Fundraising Expenses $0

Program Expenses $98,922

Other Expenses $33,299

TOTAL EXPENSES $113,925

Year-over-Year Comparison

	2018	2017	Change
Revenue	$108,534	$90,432	+0.2%
Expenses	$113,925	$90,011	+0.3%
Net Income	$-5,391	$421	-13.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$50,381

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE CHEWNING	BOARD MEMBER	N/A	Director	$0	$0	$0
ANDREW MOFFITT	BOARD MEMBER	N/A	Director	$0	$0	$0
JAMES R HOOD JR	PRESIDENT	40.00	Officer	$34,810	$4,963	$39,773
BARBARA A HOOD	SECRETARY/TR	15.00	Officer	$9,800	$808	$10,608
JAMES R HOOD	FORMER DIREC	N/A		$13,674	$0	$13,674

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
2018	$108,534	$113,925	$225,707	$-5,391