KOINE MUSIC MINISTRIES INC (EIN 271804975) - 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

Phone

4143500505

Tax Period

2024-01-01 to 2024-12-31

KOINE MUSIC MINISTRIES INC, founded in 2009, is a micro nonprofit in the Religion sector that reported $79K in total revenue in fiscal year 2024. Expenses of $91K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE ORGANIZATION PLAYS, PERFORMS, ASSISTS, AND TRAINS CHURCH CONGREGATIONS AND SCHOOLS ACROSS THE COUNTRY TO INCORPORATE MODERN INSTRUMENTATION INTO HISTORIC HYMNS AND LITURGIES, AS WELL AS IMPLEMENT, CREATE, AND TRAIN SCHOOLS AND CHURCH CONGREGATIONS TO INCORPORATE MULTI-MEDIA.

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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 $75,284

Program Service Revenue $3,751

Investment Income $0

Other Revenue $0

TOTAL REVENUE $79,035

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $51,188

Fundraising Expenses $0

Program Expenses $87,614

Other Expenses $38,356

TOTAL EXPENSES $90,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$79,035	N/A	N/A
Expenses	$90,544	N/A	N/A
Net Income	$-11,509	N/A	N/A

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

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
SETH BAUER	DIRECTOR	50.00	Director	$0	$0	$0
MATT SCOTT	DIRECTOR	50.00	Director	$0	$0	$0
BRIAN DAVISON	PRESIDENT	50.00	Officer Director	$0	$0	$0
SETH KOCK	DIRECTOR	50.00	Officer Director	$0	$0	$0
BENJAMIN LAWRENZ	VICE PRESIDENT	50.00	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	$79,035	$90,544	$45,999	$-11,509
2023	$100,921	$99,867	$65,552	$1,054
2022	$116,254	$153,699	$62,798	$-37,445
2021	$114,031	$112,551	$93,334	$1,480
2020	$96,098	$132,155	$82,098	$-36,057
2019	$226,070	$314,151	$90,377	$-88,081
2018	$469,032	$359,905	$171,858	$109,127

KOINE MUSIC MINISTRIES INC