Highway 19 Ministries (EIN 320042854) - 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

2002

Legal Domicile

Principal Officer

Steve Carpenter

Phone

4259855030

Tax Period

2024-01-01 to 2024-12-31

Highway 19 Ministries, founded in 2002, is a small nonprofit in the Religion sector that reported $277K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

Highway 19 Ministries raises awareness and initiates projects to serve people in the Middle East. We do this through music events, quarterly training sessions, and annual conferences. We partner with foundations, networks and organizations that are committed to the region and share similar vision and values.

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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 $277,327

Program Service Revenue $0

Investment Income $0

Other Revenue $6

TOTAL REVENUE $277,333

Expense Breakdown

Grants Paid $10,285

Salaries & Benefits $97,803

Fundraising Expenses $24,300

Program Expenses $175,769

Other Expenses $194,319

TOTAL EXPENSES $302,407

Year-over-Year Comparison

	2024	2023	Change
Revenue	$277,333	$328,137	-0.2%
Expenses	$302,407	$286,012	+0.1%
Net Income	$-25,074	$42,125	-1.6%

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

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

$97,200

Total Directors

$97,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Carpenter	President	40.00	Officer Director	$24,000	$1,200	$25,200
Taffy Carpenter	Secretary	5.00	Officer Director	$72,000	$0	$72,000
Peter Tsukahira	Board Member	5.00	Director	$0	$0	$0
Rick Ridings	Board Member	5.00	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	$277,333	$302,407	$72,096	$-25,074
2023	$328,137	$286,012	$89,169	$42,125
2022	$311,780	$310,565	$46,767	$1,215
2021	$300,600	$304,624	$45,553	$-4,024
2020	$270,523	$266,563	$49,577	$3,960
2019	$290,575	$321,412	$45,617	$-30,837
2018	$293,807	$287,073	$76,454	$6,734

Highway 19 Ministries