TARGET ONE MINISTRIES INC (EIN 272828582) - 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

2010

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

TARGET ONE MINISTRIES INC, founded in 2010, is a small nonprofit in the Religion sector that reported $191K in total revenue in fiscal year 2023. The organization ran a surplus of $85K, a strong 45% operating margin.

Mission

TO ENCOURAGE AND TRAIN INDIVIDUALS IN CHRISTIAN PRINCIPLES

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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 $190,706

Program Service Revenue $0

Investment Income $100

Other Revenue $398

TOTAL REVENUE $191,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,405

Fundraising Expenses $0

Program Expenses $88,926

Other Expenses $68,688

TOTAL EXPENSES $106,093

Year-over-Year Comparison

	2023	2022	Change
Revenue	$191,204	$178,979	+0.1%
Expenses	$106,093	$100,504	+0.1%
Net Income	$85,111	$78,475	+0.1%

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

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
J RAYMOND FLETCHER Jr	TREASURER	5.00	Officer Director	$0	$0	$0
JAMES GREGG	BOARD MEMBER	0.00	Officer Director	$0	$0	$0
ADAM GONSMAN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
FRED GONSMAN	BOARD MEMBER	2.00	Officer	$0	$0	$0
JOE AMICK	BOARD MEMBER	2.00	Officer	$0	$0	$0
PHILIP WAITE	PRESIDENT	15.00	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
2025	No data	No data	No data	No data
2024	$191,204	$106,093	$566,247	$85,111
2023	$178,979	$100,504	$477,186	$78,475
2022	$168,903	$104,210	$472,858	$64,693
2021	$136,228	$82,815	$524,485	$53,413
2020	$123,743	$85,099	$489,634	$38,644
2019	$122,068	$92,289	$470,474	$29,779

TARGET ONE MINISTRIES INC