PERKINS PARTNERSHIP MINISTRIES (EIN 262809127) - 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

2008

Legal Domicile

Principal Officer

CLAY PERKINS

Phone

9032369839

Tax Period

2024-01-01 to 2024-12-31

PERKINS PARTNERSHIP MINISTRIES, founded in 2008, is a small nonprofit in the Religion sector that reported $156K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $42K, a strong 27% operating margin.

Mission

THE ORGANIZATION'S PRIMARY MISSION AS A NON-PROFIT IS TO PRACTICE AND PROCLAIM THE LIFE-CHANGING MESSAGE OF THE LORD JESUS CHRIST IN THE WORLD'S MOST SPIRITUALLY RECEPTIVE PLACES BY CULTIVATING PRODUCTIVE RELATIONSHIPS WITH CHURCHES AND LEADERS TO PRODUCE FESTIVAL SPONSORS, INCREASE ATTENDENCE AND EFFECTIVENESS OF DEVELOPED EVENTS THROUGH PERSONAL CONTACT AND COMMUNICATIONS OF VALUE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $141,854

Program Service Revenue $0

Investment Income $13,975

Other Revenue $0

TOTAL REVENUE $155,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,434

Fundraising Expenses $0

Program Expenses $6,954

Other Expenses $39,884

TOTAL EXPENSES $114,318

Year-over-Year Comparison

	2024	2023	Change
Revenue	$155,829	$142,791	+0.1%
Expenses	$114,318	$112,817	+0.0%
Net Income	$41,511	$29,974	+0.4%

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

$68,200

Total Directors

$68,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAY PERKINS	PRESIDENT	40.00	Officer Director	$33,000	$0	$33,000
PEGGY WORSHAM	EXEC SECRETARY	40.00	Officer Director	$35,200	$0	$35,200
CHARLES CRUMPLER	CHAIRMAN	0.00	Officer Director	$0	$0	$0
RENEE HAMILTON	SECRETARY	0.00	Officer Director	$0	$0	$0
DR DAVID GASS	DIRECTOR	0.00	Director	$0	$0	$0
GLYNN HUGHES	VICE-CHAIRMAN	0.00	Director	$0	$0	$0
HANK BOSWELL JR	TREASURER	0.00	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	$155,829	$114,318	$560,318	$41,511
2023	$142,791	$112,817	$518,832	$29,974
2022	$140,639	$105,541	$488,858	$35,098
2021	$206,327	$142,524	$453,760	$63,803

PERKINS PARTNERSHIP MINISTRIES