J DREW SHEARD MINISTRY INC

EIN: 275140671 501(c)(3) Religion

DETROIT, MI

Total Revenue
$734,427
Total Expenses
$619,723
Total Assets
$114,704
Net Assets
$114,704
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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
2022
Legal Domicile
MI
Principal Officer
JOHN D SHEARD
Phone
3138647170
Tax Period
2024-01-01 to 2024-12-31

J DREW SHEARD MINISTRY INC, founded in 2022, is a small nonprofit in the Religion sector that reported $734K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $115K, a strong 16% operating margin.

Mission

J Drew Sheard Ministry is a Michigan nonprofit corporation dedicated to spreading the gospel through establishing, developing and promoting all aspects of church ministry.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $734,427
Investment Income $0
Other Revenue $0
TOTAL REVENUE $734,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $105,640
Fundraising Expenses $0
Program Expenses $619,723
Other Expenses $514,083
TOTAL EXPENSES $619,723

Year-over-Year Comparison

2024 2023 Change
Revenue $734,427 $1,013,480 -0.3%
Expenses $619,723 $728,161 -0.1%
Net Income $114,704 $285,319 -0.6%
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
N/A
Independent Members
N/A
Employees
N/A
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
1
$105,640
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN D SHEARD OFFICER 40.00
Officer
$105,640 $0 $105,640
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 $734,427 $619,723 $114,704 $114,704
2023 $1,013,480 $728,161 No data $285,319
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