DS Ministries Inc (EIN 264648187) - 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

2009

Legal Domicile

Principal Officer

David Sawkins

Tax Period

2023-01-01 to 2023-12-31

DS Ministries Inc, founded in 2009, is a small nonprofit in the Religion sector that reported $465K in total revenue in fiscal year 2023. Expenses of $412K left a modest 11% surplus.

Mission

To support and help foreign missions and United States Churches

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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 $374,224

Program Service Revenue $90,884

Investment Income $0

Other Revenue $0

TOTAL REVENUE $465,108

Expense Breakdown

Grants Paid $196,087

Salaries & Benefits $138,597

Fundraising Expenses $0

Program Expenses $196,087

Other Expenses $77,374

TOTAL EXPENSES $412,058

Year-over-Year Comparison

	2023	2022	Change
Revenue	$465,108	$441,465	+0.1%
Expenses	$412,058	$407,031	+0.0%
Net Income	$53,050	$34,434	+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

N/A

Employees

N/A

Volunteers

N/A

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

$101,579

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Sawkins	President	60.00	Officer	$38,611	$50,000	$88,611
Sheila Sawkins	Vice President	20.00	Officer	$12,968	$0	$12,968
Sam Earp	Treasurer	20.00	Director	$0	$0	$0
Jim Coffaro	Secretary	5.00	Director	$0	$0	$0
William Sawkins	Board Member	5.00	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	No data	No data	No data	No data
2023	$465,108	$412,058	$526,532	$53,050
2022	$441,465	$407,031	$482,265	$34,434
2021	$495,284	$448,724	$424,127	$46,560
2020	$374,318	$325,484	$400,947	$48,834
2019	$308,859	$383,146	$296,934	$-74,287
2018	$321,691	$306,277	$371,221	$15,414

DS Ministries Inc