Levasis Ministries (EIN 330254058) - 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

1987

Legal Domicile

Principal Officer

Richard Durant

Phone

9097987339

Tax Period

2022-01-01 to 2022-12-31

Levasis Ministries, founded in 1987, is a small nonprofit that reported $211K in total revenue in fiscal year 2022. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

Strengthen non-profit via management

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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 (2022)

Revenue Breakdown

Contributions & Grants $101,264

Program Service Revenue $109,828

Investment Income $2

Other Revenue $0

TOTAL REVENUE $211,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $174,665

Fundraising Expenses $2,121

Program Expenses $188,834

Other Expenses $37,506

TOTAL EXPENSES $212,171

Year-over-Year Comparison

	2022	2021	Change
Revenue	$211,094	$172,103	+0.2%
Expenses	$212,171	$193,505	+0.1%
Net Income	$-1,077	$-21,402	-0.9%

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

$88,724

Total Directors

$4,796

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Durant	Vice President	24.00	Officer	$73,800	$10,128	$83,928
Loren Lillestrand	Director	2.00	Officer Director	$0	$4,796	$4,796
Robert Cosgrove	Director	1.00	Director	$0	$0	$0
Joel Burlingame	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
2022	$211,094	$212,171	$28,794	$-1,077

Levasis Ministries