Precepts Multiplied Ministries Inc (EIN 331650247) - 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

2024

Legal Domicile

Principal Officer

Curtis K Reed

Phone

4049259333

Tax Period

2024-01-01 to 2024-12-31

Precepts Multiplied Ministries Inc, founded in 2024, is a small nonprofit in the Housing & Shelter sector that reported $203K in total revenue in fiscal year 2024. The organization ran a surplus of $198K, a strong 98% operating margin.

Mission

Precept Multiplied Ministries is a nonprofit ministry with a mission to multiply and share God's Word through community assistance.

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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 $202,900

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $202,900

Expense Breakdown

Grants Paid $4,350

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,436

Other Expenses $245

TOTAL EXPENSES $4,595

Year-over-Year Comparison

	2024	2023	Change
Revenue	$202,900	N/A	N/A
Expenses	$4,595	N/A	N/A
Net Income	$198,305	N/A	N/A

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
Curtis Kim Reed	President & CEO	20.00	Officer Director	$0	$0	$0
Samuel Curtis Reed	Vice President	1.00	Officer Director	$0	$0	$0
Julie Hopper	Secretary	1.00	Officer Director	$0	$0	$0
Joyce Ann Reed	Treasurer	2.00	Officer Director	$0	$0	$0
Joseph Gilbert	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	$202,900	$4,595	$198,305	$198,305

Precepts Multiplied Ministries Inc