TRUTH IN LOVE MINISTRY CORP (EIN 331100373) - 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

2004

Legal Domicile

Principal Officer

Tom Walters

Phone

8557703700

Tax Period

2024-10-01 to 2025-09-30

TRUTH IN LOVE MINISTRY CORP, founded in 2004, is a small nonprofit in the Religion sector that reported $871K in total revenue in fiscal year 2024. Expenses of $805K left a modest 8% surplus.

Mission

Proclaiming Christ to Mormons - Empowering Christians to Witness

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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 $860,317

Program Service Revenue $0

Investment Income $10,361

Other Revenue $0

TOTAL REVENUE $870,678

Expense Breakdown

Grants Paid $97,080

Salaries & Benefits $385,650

Fundraising Expenses $57,618

Program Expenses $650,950

Other Expenses $322,268

TOTAL EXPENSES $804,998

Year-over-Year Comparison

	2024	2023	Change
Revenue	$870,678	$874,699	0.0%
Expenses	$804,998	$789,822	+0.0%
Net Income	$65,680	$84,877	-0.2%

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

150

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

$67,856

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Danee Haro	Secretary	40	Officer	$57,503	$10,353	$67,856
Gary Thoma	Director	3	Director	$0	$0	$0
Warren Elhke	Director	2	Director	$0	$0	$0
Kurt Austad	Director	2	Director	$0	$0	$0
Kurt Wetzel	Director	2	Director	$0	$0	$0
Denny Walters	Director	2	Director	$0	$0	$0
Mark Lange	Director	2	Director	$0	$0	$0
Tom Walters	Treasurer	4	Officer	$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
2025	$870,678	$804,998	$1,595,589	$65,680
2024	$874,699	$789,822	$1,258,675	$84,877
2023	$799,929	$936,440	$977,774	$-136,511
2022	$878,923	$835,560	$1,004,916	$43,363
2021	$920,410	$770,593	$692,915	$149,817
2020	$742,263	$730,718	$601,020	$11,545

TRUTH IN LOVE MINISTRY CORP