HENDERSON INTERCHURCH MINISTRY (EIN 320747932) - 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

2023

Legal Domicile

Principal Officer

MICHAEL SPRAYBERRY

Phone

9036571595

Tax Period

2024-01-01 to 2024-12-31

HENDERSON INTERCHURCH MINISTRY, founded in 2023, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $200K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $176K left a modest 12% surplus.

Mission

HENDERSON INTERCHURCH MINISTRY (HIM) WAS ORGANIZED TO HELP PROVIDE FOOD & FINANCIAL ASSISTANCE FOR UTILITIES & OTHER SERVICES FOR LOW INCOME CLIENTS IN RUSK COUNTY, TEXAS

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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 $198,702

Program Service Revenue $0

Investment Income $54

Other Revenue $1,200

TOTAL REVENUE $199,956

Expense Breakdown

Grants Paid $113,989

Salaries & Benefits $34,361

Fundraising Expenses $0

Program Expenses $113,989

Other Expenses $27,511

TOTAL EXPENSES $175,861

Year-over-Year Comparison

	2024	2023	Change
Revenue	$199,956	$143,176	+0.4%
Expenses	$175,861	$132,124	+0.3%
Net Income	$24,095	$11,052	+1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SPRAYBERRY	PRESIDENT	5.00	Officer Director	$0	$0	$0
PATSY MORRISON	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
CLAUDIA MORGAN-GRAY	SECRETARY	5.00	Officer Director	$0	$0	$0
SUE STRONG	TREASURER	10.00	Officer Director	$0	$0	$0
MARY JO COLOMBO	DIRECTOR	5.00	Director	$0	$0	$0
LINDA CRAIG	DIRECTOR	5.00	Director	$0	$0	$0
BROOKE DOVER	DIRECTOR	1.00	Director	$0	$0	$0
KATHY PORTER	DIRECTOR	4.00	Director	$0	$0	$0
KAYSIE SABELLA	DIRECTOR	1.00	Director	$0	$0	$0
BOB WYLIE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE CIMINO	DIRECTOR	1.00	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	$199,956	$175,861	$172,213	$24,095
2023	$143,176	$132,124	$149,166	$11,052

HENDERSON INTERCHURCH MINISTRY