Legacy Family Ministries (EIN 300759390) - 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

2012

Legal Domicile

Principal Officer

Wendy C Solheim

Phone

9705961706

Tax Period

2024-01-01 to 2024-12-31

Legacy Family Ministries, founded in 2012, is a small nonprofit in the Human Services sector that reported $289K in total revenue in fiscal year 2024. The organization ran a surplus of $54K, a strong 19% operating margin.

Mission

Legacy Family Ministries mission is to heal restore strengthen children young adults families through the love of Jesus Christ We accomplish this through our 3 ministries Lighthouse Pregnancy Center LEAD Homeschool Program Antora Youth Ranch

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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 (2024)

Revenue Breakdown

Contributions & Grants $230,136

Program Service Revenue $59,094

Investment Income $0

Other Revenue $0

TOTAL REVENUE $289,230

Expense Breakdown

Grants Paid $5,050

Salaries & Benefits $172,840

Fundraising Expenses $2,801

Program Expenses $230,673

Other Expenses $57,485

TOTAL EXPENSES $235,375

Year-over-Year Comparison

	2024	2023	Change
Revenue	$289,230	N/A	N/A
Expenses	$235,375	$178,586	+0.3%
Net Income	$53,855	$-178,586	-1.3%

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

N/A

Employees

N/A

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

$37,128

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WENDY C SOLHEIM	CEO	34.00	Highest	$45,848	$0	$45,848
MOLLY GIBB	Executive Director	24.00	Key Emp	$16,224	$0	$16,224
VANISSA NIENHUESER	Executive Director	13.00	Key Emp	$16,211	$0	$16,211
REBECCA CURTIS	Executive Director	10.00	Key Emp	$4,693	$0	$4,693
LINDA CORY	Board President	1.00	Officer Director	$0	$0	$0
JONATHAN JONES	Board Vice President	1.00	Officer Director	$0	$0	$0
NANCY RUEHLE	Board Secretary	1.00	Officer Director	$0	$0	$0
MARK ENGLAND	Board Treasurer	1.00	Officer Director	$0	$0	$0
GREG KRUTHAUPT	Board Member	1.00	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	$289,230	$235,375	$154,861	$53,855
2023	$225,669	$206,143	$88,801	$19,526
2022	$224,624	$217,039	$80,486	$7,585
2021	$145,323	$130,871	$68,573	$14,452
2020	$89,638	$66,155	$48,107	$23,483

Legacy Family Ministries