PROVERBS 18 10 MINISTRIES INC (EIN 264593735) - 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

2011

Legal Domicile

Principal Officer

KENDRA ADAMS

Phone

4094408078

Tax Period

2023-01-01 to 2023-12-31

PROVERBS 18 10 MINISTRIES INC, founded in 2011, is a community nonprofit in the Mental Health sector that reported $5.4M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $4.9M left a modest 10% surplus.

Mission

WE PROVIDE DISCIPLESHIP AND LIFE SKILLS TRAINING IN A CHRISTIAN RESIDENTIAL COMMUNITY. WE ALSO PROVIDE A SAFE PLACE WHERE PEOPLE CAN FIND SPIRITUAL ENRICHMENT, SOCIAL DEVELOPMENT, PHYSICAL ACTIVITY AND MENTAL RENEWAL.

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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 $1,173,229

Program Service Revenue $0

Investment Income $45,700

Other Revenue $4,179,433

TOTAL REVENUE $5,398,362

Expense Breakdown

Grants Paid $125,000

Salaries & Benefits $2,498,164

Fundraising Expenses $224,681

Program Expenses $3,958,177

Other Expenses $2,246,550

TOTAL EXPENSES $4,869,714

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,398,362	$4,544,744	+0.2%
Expenses	$4,869,714	$4,406,883	+0.1%
Net Income	$528,648	$137,861	+2.8%

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

100

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

$245,393

Total Directors

$245,393

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL ADAMS	PRESIDENT/EXECUTIVE DIRECT	45.00	Officer Director	$147,116	$0	$147,116
KENDRA ADAMS	SECRETARY	45.00	Officer Director	$98,277	$0	$98,277
PAUL SMITH	DIRECTOR	1.00	Officer 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	$5,398,362	$4,869,714	$3,622,289	$528,648
2022	$4,544,744	$4,406,883	$3,162,965	$137,861
2021	$4,262,443	$3,971,734	$3,375,385	$290,709
2020	$2,847,536	$3,354,744	$4,102,916	$-507,208
2019	$3,351,536	$3,406,972	$3,640,224	$-55,436
2018	$5,213,399	$3,828,429	$2,820,790	$1,384,970

PROVERBS 18 10 MINISTRIES INC