FIFTH SPARROW MINISTRY INC (EIN 270346377) - 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

2009

Legal Domicile

Principal Officer

LARRY COCHRAN

Phone

3045730148

Tax Period

2024-01-01 to 2024-12-31

FIFTH SPARROW MINISTRY INC, founded in 2009, is a small nonprofit in the Youth Development sector that reported $127K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $175K exceeded revenue, resulting in a 38% operating deficit.

Mission

FAITH BASED MINISTRY THAT WILL SUPPORT MISSIONARY ACTIVITIES, TAX EXEMPT CHARITIES, ORPHANAGES,TO LICENSE, ORDAIN AND OVERSEE MINISTRIES OF THE GOSPEL, AND TO CREATE DEPARTMENTS NECESSARY TO SUPPORT THESE ACTIVITIES AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE CONVIENENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE, OR WHICH ARE ICIDENTAL THERE TO

🔒

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 $126,294

Program Service Revenue $0

Investment Income $487

Other Revenue $0

TOTAL REVENUE $126,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,763

Fundraising Expenses $0

Program Expenses $175,475

Other Expenses $144,712

TOTAL EXPENSES $175,475

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,781	$309,330	-0.6%
Expenses	$175,475	$174,638	+0.0%
Net Income	$-48,694	$134,692	-1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY COCHRAN	PRESIDENT	3.00	Officer	$0	$0	$0
JARED HATCHER	TREASURER	3.00	Officer	$0	$0	$0
JIM LANE	SECRETARY	3.00	Officer	$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	$126,781	$175,475	$1,335,445	$-48,694
2023	$309,330	$174,638	$1,381,951	$134,692
2022	$239,325	$223,834	$1,290,625	$15,491
2021	$346,345	$155,468	$1,229,667	$190,877
2020	$275,490	$184,311	$1,088,861	$91,179
2019	$168,915	$99,026	$1,417,682	$69,889
2018	$204,724	$133,882	$1,292,865	$70,842

FIFTH SPARROW MINISTRY INC