KENDRICK MINISTRIES INC (EIN 311522478) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

BOB M KENDRICK

Phone

6014989071

Tax Period

2024-01-01 to 2024-12-31

KENDRICK MINISTRIES INC, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $417K in total revenue in fiscal year 2024. Expenses of $384K left a modest 8% surplus.

Mission

TO CREATE VITAL MINISTRIES OF CHRISTIAN WITNESS BY MEANS OF PREACHING MINISTRY, A PRINTED MINISTRY, A RADIO MINISTRY, CONSTRUCTION OF INDIGENOUS CHURCHES, WINNING SOULS TO A SAVING KNOWLEDGE OF JESUS CHRIST.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $404,738

Program Service Revenue $0

Investment Income $12,497

Other Revenue $0

TOTAL REVENUE $417,235

Expense Breakdown

Grants Paid $139,760

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $369,787

Other Expenses $244,417

TOTAL EXPENSES $384,177

Year-over-Year Comparison

	2024	2023	Change
Revenue	$417,235	$407,851	+0.0%
Expenses	$384,177	$348,527	+0.1%
Net Income	$33,058	$59,324	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$108,000

Total Directors

$108,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB M KENDRICK	PRESIDENT	40.00	Officer Director	$67,500	$40,500	$108,000
BRENT BENSON	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
KYLE PIERSON	VICE PRESIDE	1.00	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
2024	$417,235	$384,177	$385,761	$33,058
2023	$407,851	$348,527	$359,558	$59,324
2022	$432,359	$815,466	$300,234	$-383,107
2021	$546,546	$615,910	$678,476	$-69,364

KENDRICK MINISTRIES INC