Global Heart Ministries Inc (EIN 263839530) - Form 990 Financial Analysis & Trantor Score

🔒

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

2008

Legal Domicile

Principal Officer

Steven C Sharp

Phone

9729774855

Tax Period

2024-01-01 to 2024-12-31

Global Heart Ministries Inc, founded in 2008, is a small nonprofit in the Human Services sector that reported $802K in total revenue in fiscal year 2024. Expenses of $995K exceeded revenue, resulting in a 24% operating deficit.

Mission

We leverage innovative technologies to spread the message of Christ across Central Asia and Middle East. We give creative access to Jesus through digital media, faith-building resources and connection to a local church.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $603,889

Program Service Revenue $0

Investment Income $248

Other Revenue $197,878

TOTAL REVENUE $802,015

Expense Breakdown

Grants Paid $184,791

Salaries & Benefits $456,181

Fundraising Expenses $192,266

Program Expenses $624,303

Other Expenses $354,446

TOTAL EXPENSES $995,418

Year-over-Year Comparison

	2024	2023	Change
Revenue	$802,015	$790,409	+0.0%
Expenses	$995,418	$1,071,544	-0.1%
Net Income	$-193,403	$-281,135	-0.3%

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

$88,632

Total Directors

$88,632

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steven Sharp	President/CEO/Founder	040.00	Officer Director Highest	$43,632	$45,000	$88,632
Mahliyo Saydometov	Director of Missions	040.00	Highest	$83,750	$0	$83,750
Jim Winblood	Board Chair	002.00	Director	$0	$0	$0
Chris Walker	Treasurer	002.00	Director	$0	$0	$0
Ryan McCoy	Director	002.00	Director	$0	$0	$0
Kevin Hunter	Director	002.00	Director	$0	$0	$0
Cary Clayborn	Director	002.00	Director	$0	$0	$0
Doris Sparks	Director	002.00	Director	$0	$0	$0
Troy Vetter	Director	002.00	Director	$0	$0	$0
Chad Holt	Director	002.00	Director	$0	$0	$0
Chris McNeill	Director	002.00	Director	$0	$0	$0
Kevin Marshall	Director	002.00	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	$802,015	$995,418	$106,641	$-193,403
2023	$790,409	$1,071,544	$330,046	$-281,135
2022	$1,140,346	$1,018,261	$604,268	$122,085
2021	$1,143,268	$1,092,647	$505,280	$50,621
2020	$895,292	$883,302	$439,490	$11,990
2019	$1,113,425	$1,110,825	$437,321	$2,600
2018	$1,029,970	$900,799	$434,477	$129,171

Global Heart Ministries Inc