CHARLES VANCE MINISTRIES INC

EIN: 311656299 501(c)(3) Religion

BARBOURSVILLE, WV

Total Revenue
$160,785
Total Expenses
$229,232
Total Assets
$67,343
Net Assets
$67,343
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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
1999
Legal Domicile
WV
Principal Officer
CHARLES VANCE PRESIDENT
Tax Period
2023-01-01 to 2023-12-31

CHARLES VANCE MINISTRIES INC, founded in 1999, is a small nonprofit in the Religion sector that reported $161K in total revenue in fiscal year 2023. Expenses of $229K exceeded revenue, resulting in a 43% operating deficit.

Mission

PROPAGATE THE GOSPEL OF JESUS CHRIST

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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 $160,785
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $160,785

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $229,232
Other Expenses $229,232
TOTAL EXPENSES $229,232

Year-over-Year Comparison

2023 2022 Change
Revenue $160,785 $159,286 +0.0%
Expenses $229,232 $176,073 +0.3%
Net Income $-68,447 $-16,787 +3.1%
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
3
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
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE STOWERS VICE PRESIDENT 10.00
Officer
$0 $0 $0
CHARLES VANCE PRESIDENT 30.00
Officer Highest
$0 $0 $0
CINDY STOWERS SECTREASURER 2.00
Key Emp
$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 $160,785 $229,232 $67,343 $-68,447
2022 $159,286 $176,073 $135,790 $-16,787
2021 $332,474 $991,051 $152,577 $-658,577
2020 $974,226 $163,072 $811,154 $811,154
2019 $94,898 $100,828 $-2,777 $-5,930
2018 $94,897 $93,332 $3,160 $1,565
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