CHANGING HEARTS AND DESTINY MINISTRYINC (EIN 320159694) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2005

Legal Domicile

Principal Officer

NOLAN TORBERT

Phone

3347401967

Tax Period

2024-01-01 to 2024-12-31

CHANGING HEARTS AND DESTINY MINISTRYINC, founded in 2005, is a small nonprofit in the Religion sector that reported $302K in total revenue in fiscal year 2022. The organization ran a surplus of $166K, a strong 55% operating margin.

Mission

BE A DYNAMIC, SPIRITUAL ORGANISM EMPOWERED BY THE HOLY SPIRIT, TO CHANGE HEARTS AND DESTINIES IN THE CHURCH, COMMUNITY, AND THROUGHOUT THE WORLD. ADDITIONALLY, OUR PURPOSE IS TO RENDER CHRISTIAN SERVICE TO HUMANITY FOR THE CAUSE OF THE UP-BUILDING OF HIS KINGDOM AND INSTRUCT MEMBERS AND OTHER INTERESTED PERSONS CONCERNING THE DOCTRINES AND RESPONSIBILITIES OF THE CHRISTIAN FAITH.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $97,654

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $97,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,816

Other Expenses $67,442

TOTAL EXPENSES $67,442

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,654	$114,106	-0.1%
Expenses	$67,442	$78,554	-0.1%
Net Income	$30,212	$35,552	-0.2%

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

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
GAIL D TORBERT	ASST TREASURER	1.00	Officer Director	$0	$0	$0
NOLAN T TORBERT	CEO/PRESIDENT	1.00	Officer Director	$0	$0	$0
CALVIN PATRICK	MEMBER	1.00	Officer Director	$0	$0	$0
CURTIS JACKSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICKEY PITTS	CFO	1.00	Officer Director	$0	$0	$0
OCTAVIUS SINGLETON	SECRETARY	1.00	Officer Director	$0	$0	$0
SUTRICIA JOHNSON	TREASURER	1.00	Officer Director	$0	$0	$0
TERESA JACKSON	MEMBER	1.00	Officer Director	$0	$0	$0
AYSHIA CALLOWAY	MEMBER	1.00	Officer Director	$0	$0	$0
RODNEY BAKER	MEMBER	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	$97,654	$67,442	$302,294	$30,212
2023	$114,106	$78,554	$272,082	$35,552
2022	$301,884	$135,474	$236,530	$166,410

CHANGING HEARTS AND DESTINY MINISTRYINC