PROMISED MINISTRIES (EIN 301173613) - 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

2019

Legal Domicile

Principal Officer

MARY ALISON HOWELL

Phone

4095430576

Tax Period

2023-01-01 to 2023-12-31

PROMISED MINISTRIES, founded in 2019, is a small nonprofit in the Religion sector that reported $198K in total revenue in fiscal year 2023. Expenses of $184K left a modest 7% surplus.

Mission

A FAITH-BASED ORGANIZATION COMMITTED TO THE CHARITABLE PURPOSE OF TRAINING FAMILIES TO ACTIVELY TRUST AND INTENTIONALLY LIVE IN THE POWER OF GOD'S PROMISES BY EDUCATING AND EQUIPPING THEM TO LOVE GOD, LOVE OTHERS AND SHARE THAT LOVE WHEREVER HE CALLS.

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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 $197,949

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $197,949

Expense Breakdown

Grants Paid $173,661

Salaries & Benefits $0

Fundraising Expenses $5,710

Program Expenses $173,661

Other Expenses $10,512

TOTAL EXPENSES $184,173

Year-over-Year Comparison

	2023	2022	Change
Revenue	$197,949	$190,132	+0.0%
Expenses	$184,173	$245,232	-0.2%
Net Income	$13,776	$-55,100	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALISON HOWELL	PRESIDENT	8.00	Director	$0	$0	$0
LINDSEY KYLER	SECRETARY	1.00	Director	$0	$0	$0
GENE MARSH	TREASURER	1.00	Director	$0	$0	$0
KRISTI BURDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
NICK GRAHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT ELMORE	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB WILLETTE	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$197,949	$184,173	$150,445	$13,776
2022	$190,132	$245,232	$136,669	$-55,100
2021	$194,962	$181,560	$191,769	$13,402
2020	$239,313	$61,460	$178,367	$177,853

PROMISED MINISTRIES