Goff Ministries (EIN 331109987) - 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

2008

Legal Domicile

Principal Officer

Vaughn Goff

Phone

8067650335

Tax Period

2024-01-01 to 2024-12-31

Goff Ministries, founded in 2008, is a small nonprofit in the Religion sector that reported $129K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $24K, a strong 19% operating margin.

Mission

Missionary

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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 $129,246

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $129,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,000

Fundraising Expenses $0

Program Expenses $104,877

Other Expenses $97,877

TOTAL EXPENSES $104,877

Year-over-Year Comparison

	2024	2023	Change
Revenue	$129,246	$136,717	-0.1%
Expenses	$104,877	$64,833	+0.6%
Net Income	$24,369	$71,884	-0.7%

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

N/A

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
Melissa Denard	President	120.00	Officer	$0	$0	$0
Randolph Barnett	V-President	120.00	Officer	$0	$0	$0
Vaughn L Goff	Secretary	120.00	Officer	$0	$0	$0
Betty S Goff	Treasuer	120.00	Officer	$0	$0	$0
Bobby Hawes	Board Member	120.00	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
2024	$129,246	$104,877	$24,369	$24,369
2023	$136,717	$64,833	No data	$71,884
2022	$87,928	$29,769	No data	$58,159
2021	$184,162	$169,577	No data	$14,585
2020	$166,615	$208,436	No data	$-41,821
2019	$172,063	$154,287	No data	$17,776

Goff Ministries