RESOURCING MINISTRY PARTNERS INC

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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

WILLIAM VAN FLEET

Phone

5138317311

Tax Period

2024-01-01 to 2024-12-31

RESOURCING MINISTRY PARTNERS INC, founded in 2009, is a small nonprofit in the International Affairs sector that reported $333K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $380K exceeded revenue, resulting in a 14% operating deficit.

Mission

RESOURCING MINISTRY PARTNERS, INC. MISSION IS TO SUPPORT INDIGENOUS MINISTRIES FOR SPRITUAL FAITH SUSTENANCE, IMPROVING SHELTER AND INFRASTRUCTURE, EDUCATION, MEDICAL AND TO FACILITATE SHORT-TERM MISSION TRIPS IN SUPPORT OF INDIGENOUS MINISTERS.

Program Service Accomplishments

Program 1

Expenses: $370,401 Revenue: $0

RESOURCING MINISTRY PARTNERS, INC. HAS PROVIDED FUNDS TO MISSIONARIES AND BISHOPS IN THE OUTBACK OF KENYA, EAST AFRICA FOR THE BUILDING OF CHURCHES, SCHOOLS, CLEAN WATER WELLS, BRICK MAKING...

RESOURCING MINISTRY PARTNERS, INC. HAS PROVIDED FUNDS TO MISSIONARIES AND BISHOPS IN THE OUTBACK OF KENYA, EAST AFRICA FOR THE BUILDING OF CHURCHES, SCHOOLS, CLEAN WATER WELLS, BRICK MAKING EQUIPMENT, FILTRATION SYSTEMS, ECO FARMING SUPPLIES AND MOTOR BIKE TRANSPORTATION TO FACILITATE LOCAL MINISTRY'S ABILITY TO SELF SUSTAIN.

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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 $330,478

Program Service Revenue $0

Investment Income $2,076

Other Revenue $0

TOTAL REVENUE $332,554

Expense Breakdown

Grants Paid $358,859

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $370,401

Other Expenses $20,886

TOTAL EXPENSES $379,745

Year-over-Year Comparison

	2024	2023	Change
Revenue	$332,554	$381,254	-0.1%
Expenses	$379,745	$388,538	0.0%
Net Income	$-47,191	$-7,284	+5.5%

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

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
KEN YOCKEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
WILLIAM VAN FLEET	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
DINO COSTANZO	VICE PRESIDENT	5.00	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	$332,554	$379,745	$108,614	$-47,191
2023	$381,254	$388,538	$155,805	$-7,284
2022	$542,343	$559,284	$163,089	$-16,941
2021	$636,699	$542,503	$180,030	$94,196
2020	$529,864	$603,940	$85,834	$-74,076
2019	$463,683	$393,193	$159,910	$70,490
2018	$271,804	$288,950	$89,420	$-17,146