Discover the Book Ministries Inc (EIN 311681969) - 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

1998

Legal Domicile

Principal Officer

John Barnett

Phone

9184951414

Tax Period

2023-01-01 to 2023-12-31

Discover the Book Ministries Inc, founded in 1998, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $637K, a strong 43% operating margin.

Mission

To help in the biblical education of youth and adults.

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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 $1,402,855

Program Service Revenue $0

Investment Income $51,737

Other Revenue $12,670

TOTAL REVENUE $1,467,262

Expense Breakdown

Grants Paid $31,806

Salaries & Benefits $306,633

Fundraising Expenses $58,985

Program Expenses $673,719

Other Expenses $491,545

TOTAL EXPENSES $829,984

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,467,262	$2,429,173	-0.4%
Expenses	$829,984	$869,027	0.0%
Net Income	$637,278	$1,560,146	-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

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

$262,781

Total Directors

$262,781

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Barnett	President & Chairman	50.00	Officer Director	$131,617	$131,164	$262,781
Bonnie Barnett	Vice Chair/Secretary	40.00	Officer Director	$0	$0	$0
Duke Weir	Treasurer	2.00	Officer Director	$0	$0	$0
Jim Stubbs	Director	1.00	Director	$0	$0	$0
Randy Watson	Director	1.00	Director	$0	$0	$0
Stan Jordan	Director	0.50	Director	$0	$0	$0
Estelle Barnett	Director	0.50	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	No data	No data	No data	No data
2023	$1,467,262	$829,984	$4,306,817	$637,278
2022	$2,429,173	$869,027	$3,652,555	$1,560,146
2021	$1,302,051	$663,038	$2,042,948	$639,013
2020	$891,313	$483,791	$1,418,339	$407,522
2019	$649,732	$567,647	$1,023,189	$82,085
2018	$754,602	$489,331	$945,485	$265,271

Discover the Book Ministries Inc