TEN TALENTS GLOBAL INITIATIVES

EIN: 274216264 501(c)(3) Human Services

ST LOUIS, MO

Total Revenue
$2,448,920
Total Expenses
$308,540
Total Assets
$5,340,991
Net Assets
$4,540,991
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
PAUL THONNARD
Phone
3145482250
Tax Period
2021-01-01 to 2021-12-31

TEN TALENTS GLOBAL INITIATIVES, founded in 2010, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2021. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.1M, a strong 87% operating margin.

Mission

TO PROMOTE CHRISTIAN VALUES, TO PROVIDE FUNDING AND OTHER SUPPORT TO INDIGENT INDIVIDUALS, CHARITIES AND FOUNDATIONS AND TO SUPPORT ORPHANS AND FAMILIES AROUND THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $85,925 Revenue: $0

THE ORGANIZATON PROVIDES GRANT FUNDING TO VARIOUS CHARITABLE ORGANIZATIONS. SUMMARIES OF THE PROGRAM ACTIVITIES OF THOSE CHARITABLE ORGANIZATIONS ARE LISTED BELOW.HOPE FOR ORPHANS (HFO) IS A PROGRAM...

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THE ORGANIZATON PROVIDES GRANT FUNDING TO VARIOUS CHARITABLE ORGANIZATIONS. SUMMARIES OF THE PROGRAM ACTIVITIES OF THOSE CHARITABLE ORGANIZATIONS ARE LISTED BELOW.HOPE FOR ORPHANS (HFO) IS A PROGRAM THAT HELPS ORPHANS IN UKRAINE. THE MINISTRY COMPRISES STAFF AND YOUNG ADULT VOLUNTEERS WHO VISIT, CREATE HEALTHY CAMP ENVIRONMENTS AND MAKE CONNECTIONS WITH YOUNG ORPHANS IN STATE-RUN ORPHANAGES. AS THE ORPHANS AGE-OUT OF THE STATE SYSTEM, HFO STAYS CONNECTED WITH THE TEENS TO MAKE SURE THEY DON'T SLIP THROUGH THE CRACKS OF SOCIETY. OVER THE YEARS, MANY OF THE ORPHANS WHO HAVE BEEN HELPED, RETURN AS ADULT VOLUNTEERS TO HELP HFO REACH OTHER ORPHANS.

Program 2
Expenses: $40,000 Revenue: $0

WAKE VILLAGE CHURCH OF GOD OF PROPHECY IS A SMALLER CHURCH BASED IN TEXARKANA TEXAS. BESIDES THE TYPICAL PREACHING AND TEACHING OF THE GOSPEL, WAKE VILLAGE HAS A HIGHLY ACTIVE CONGREGATION INVOLVED...

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WAKE VILLAGE CHURCH OF GOD OF PROPHECY IS A SMALLER CHURCH BASED IN TEXARKANA TEXAS. BESIDES THE TYPICAL PREACHING AND TEACHING OF THE GOSPEL, WAKE VILLAGE HAS A HIGHLY ACTIVE CONGREGATION INVOLVED IN THE CARE OF HOMELESS POPULATIONS IN THE TEXARKANA AREA. THE CONGREGATION CONTINUES TO DEVELOP A DEEP UNDERSTANDING OF BIBLICAL TRUTHS AS WELL AS THE IMPORTANCE OF LIVING OUT THEIR FAITH IN THEIR ACTIONS TOWARDS OTHERS IN NEED.

Program 3
Expenses: $37,215 Revenue: $0

NEW GENERATION SCHOOL IN KYIV UKRAINE IS A CHRISTIAN ELEMENTARY THROUGH HIGH SCHOOL THAT WAS STARTED BY MAGGIE PALATOVA, AN AMERICAN WHO HAS BEEN RAISING HER FAMILY OF 3 ADOPTED AND 3 BIOLOGICAL...

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NEW GENERATION SCHOOL IN KYIV UKRAINE IS A CHRISTIAN ELEMENTARY THROUGH HIGH SCHOOL THAT WAS STARTED BY MAGGIE PALATOVA, AN AMERICAN WHO HAS BEEN RAISING HER FAMILY OF 3 ADOPTED AND 3 BIOLOGICAL CHILDREN IN UKRAINE. THE SCHOOL EDUCATES CHILDREN OF ALL SOCIAL BACKGROUNDS, HOWEVER, THEY HAVE A UNIQUE PROGRAM WHICH TEACHES THE STUDENTS FROM A YOUNG AGE TO CARE FOR THE NEEDY; PARTICULARLY ORPHANS. SEVERAL WORKING FIELD TRIPS AND SERVICE PROJECTS ARE PART OF THE CURRICULUM EACH MONTH. BY THE END OF 2021, THE SCHOOL HAD GROWN TO OVER 100 STUDENTS DUE TO THE REPUTATION OF IT'S QUALITY EDUCATION AND THE CHARACTER OF THE STUDENTS IT DEVELOPED.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $2,437,362
Program Service Revenue $0
Investment Income $11,558
Other Revenue $0
TOTAL REVENUE $2,448,920

Expense Breakdown

Grants Paid $251,005
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $255,888
Other Expenses $57,535
TOTAL EXPENSES $308,540

Year-over-Year Comparison

2021 2020 Change
Revenue $2,448,920 $2,076,440 +0.2%
Expenses $308,540 $213,545 +0.4%
Net Income $2,140,380 $1,862,895 +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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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$214,691
Total Directors
3
$214,691
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY VANDER MATEN PRESIDENT/DIRECTOR 4.00
Officer Director
$0 $0 $0
PAUL THONNARD SEC/TREASURER/DIRECTOR 6.00
Officer Director
$0 $10,927 $214,691
DANNY VANDER MATEN DIRECTOR 2.00
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
2021 $2,448,920 $308,540 $5,340,991 $2,140,380
2020 $2,076,440 $213,545 $2,316,022 $1,862,895
2020 $2,076,440 $213,545 $2,316,022 $1,862,895
2019 $397,236 $252,593 $452,840 $144,643
2018 $493,432 $238,395 $308,197 $255,037
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