JAQUITH MINISTRIES INTERNATIONAL

EIN: 274673908 501(c)(3) Religion

BOTHELL, WA

Total Revenue
$246,695
Total Expenses
$255,097
Total Assets
$36,113
Net Assets
$36,113
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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
OR
Principal Officer
PHILIP JAQUITH
Phone
4252966606
Tax Period
2023-01-01 to 2023-12-31

JAQUITH MINISTRIES INTERNATIONAL, founded in 2010, is a small nonprofit in the Religion sector that reported $247K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

THE NON-PROFIT'S MISSION IS TO BUILD THE KINGDOM OF GOD AROUND THE WORLD, SHARE THE CHRISTIAN FAITH WITH NON-BELIEVERS, TEACH BIBLICAL PRINCIPLES TO BELIEVERS, AND ESTABLISH AND STRENGTHEN CHURCHES AROUND THE WORLD, UTILIZING VARIOUS MEANS OF COMMUNICATION.

Program Service Accomplishments

Program 1
Expenses: $250,042 Revenue: $246,695

PREACHING IN VARIOUS CHURCHES IN FOREIGN COUNTRIES AND THE US, SPIRITUAL OVERSIGHTS AND COUNSEL PROVIDED TO PASTORS AND TEACHING AND COUNSELING TO INDIVIDUALS ABOUT BIBLICAL 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $246,695
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $246,695

Expense Breakdown

Grants Paid $114,282
Salaries & Benefits $88,084
Fundraising Expenses $0
Program Expenses $250,042
Other Expenses $52,731
TOTAL EXPENSES $255,097

Year-over-Year Comparison

2023 2022 Change
Revenue $246,695 $201,746 +0.2%
Expenses $255,097 $269,464 -0.1%
Net Income $-8,402 $-67,718 -0.9%
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

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Governance

Voting Members
5
Independent Members
3
Employees
1
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
2
$77,600
Total Directors
5
$77,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIP JAQUITH PRESIDENT 40.00
Officer Director
$72,000 $0 $72,000
JUSTIN JAQUITH VICE PRESIDENT 4.00
Officer Director
$5,600 $0 $5,600
GEORGE REECE DIRECTOR 0.00
Director
$0 $0 $0
NEIL SCHOBER DIRECTOR 0.00
Director
$0 $0 $0
MARK CARPENTER DIRECTOR 0.00
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
2024 No data No data No data No data
2023 $246,695 $255,097 $36,113 $-8,402
2022 $201,746 $269,464 $44,515 $-67,718
2021 $262,232 $262,809 $112,233 $-577
2020 $444,560 $366,173 $112,810 $78,387
2019 $179,615 $221,692 $20,173 $-42,077
2018 $254,329 $217,865 $62,250 $36,464
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