OVERSEED INCORPORATED (EIN 262974975) - 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

JAMES HARRELL

Phone

9784329022

Tax Period

2024-07-01 to 2025-06-30

OVERSEED INCORPORATED, founded in 2008, is a small nonprofit in the Human Services sector that reported $493K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $476K left a modest 3% surplus.

Mission

OVERSEED COACHES PASTORS IN NEW ENGLAND THROUGH THE CHALLENGING REVITALIZATION PROCESS, SO THEY CAN SUCCESSFULLY LEAD THEIR CHURCH TO HEALTH AND REACH THEIR COMMUNITY CHRIST.

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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 $487,086

Program Service Revenue $0

Investment Income $5,886

Other Revenue $0

TOTAL REVENUE $492,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $322,587

Fundraising Expenses $70,946

Program Expenses $237,236

Other Expenses $153,370

TOTAL EXPENSES $475,957

Year-over-Year Comparison

	2024	2023	Change
Revenue	$492,972	$313,484	+0.6%
Expenses	$475,957	$301,938	+0.6%
Net Income	$17,015	$11,546	+0.5%

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

$188,402

Total Directors

$15,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES HARRELL	PRESIDENT	40.00	Officer	$153,502	$0	$153,502
JACK DANIEL	FIELD DIRECTOR	20.00	Director	$15,000	$0	$15,000
WILLIAM RICHARDS	BOARD MEMBER	0.00	Director	$0	$0	$0
RICK FRANCIS	BOARD MEMBER	2.00	Director	$0	$0	$0
DERYK RICHENBERG	BOARD MEMBER	2.00	Director	$0	$0	$0
STEVE TREASH	BOARD MEMBER	2.00	Director	$0	$0	$0
JIM POCOCK	BOARD MEMBER	2.00	Director	$0	$0	$0
SHARON HARRELL	TREASURER	5.00	Officer	$34,900	$0	$34,900
JERE VINCENT	DIRECTOR	2.00	Director	$0	$0	$0
DR KEVIN LAWSON	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRIS BUBAY	BOARD MEMBER	2.00	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	$492,972	$475,957	$235,453	$17,015
2024	$313,484	$301,938	$214,892	$11,546
2023	$297,035	$250,629	No data	$46,406
2022	$259,841	$219,938	$176,298	$39,903
2021	$235,431	$192,913	$142,789	$42,518

OVERSEED INCORPORATED