Healing Care Ministries

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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

2011

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Healing Care Ministries, founded in 2011, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

HCM trains, supports and resources healing care givers around the globe who are using formational prayer as a means of bringing the healing presence of Jesus Christ to emotionally wounded people.

Program Service Accomplishments

Program 1

Expenses: $1,096,060

HCM conducts retreats and other events to train and resource spiritual healing care givers specializing in formational prayer as a means of bringing healing and wholeness to wounded people. We also offer spiritual direction and pastoral development programs as well as a pastoral counseling center.

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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 $372,873

Program Service Revenue $813,462

Investment Income $11,879

Other Revenue $81,780

TOTAL REVENUE $1,279,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $541,171

Fundraising Expenses $0

Program Expenses $1,096,060

Other Expenses $716,693

TOTAL EXPENSES $1,257,864

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,279,994	$1,010,745	+0.3%
Expenses	$1,257,864	$1,038,447	+0.2%
Net Income	$22,130	$-27,702	-1.8%

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

100

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

$88,996

Total Directors

$70,188

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Greg Summers	VP Strategy & Operations	0.00	Officer	$85,996	$0	$85,996
Terry Wardle	Director	40.00	Director	$63,313	$0	$63,313
Doug Robinette	Director	5.00	Director	$3,875	$0	$3,875
Jerry Stephens	Chairman & Treasurer	5.00	Officer Director	$3,000	$0	$3,000
Tina Muench	Director	1.00	Director	$0	$0	$0
Byron Benton	Director	1.00	Director	$0	$0	$0
Proctor Beard	Director	1.00	Director	$0	$0	$0
Cheryl Wardle	Director	1.00	Director	$0	$0	$0
Daniel MacKinnon	Secretary	1.00	Director	$0	$0	$0
Ben Franklin	Director	1.00	Director	$0	$0	$0
Lori Siegworth	Director Secretary	0.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,279,994	$1,257,864	$1,237,879	$22,130
2022	$1,010,745	$1,038,447	$918,502	$-27,702
2021	$972,498	$770,281	$966,143	$202,217
2020	$870,806	$597,578	$765,450	$273,228
2019	$676,750	$330,838	$474,420	$345,912