PRIME MINISTRIES INC

EIN: 351143571 501(c)(3)

AVON, IN

Total Revenue
$-562,908
Total Expenses
$1,195,566
Total Assets
N/A
Net Assets
N/A
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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
1967
Legal Domicile
IN
Principal Officer
TIMOTHY PAINO
Phone
3172433721
Tax Period
2018-10-01 to 2019-09-30

PRIME MINISTRIES INC, founded in 1967, is a micro nonprofit that reported $563K in total revenue in fiscal year 2018. Revenue fell 453% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE PHYSICAL, SPIRITUAL, SOCIAL, EMOTIONAL AND INTELLECTUAL CARE FOR SENIORS.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $500
Program Service Revenue $106,072
Investment Income $-650,007
Other Revenue $-19,473
TOTAL REVENUE $-562,908

Expense Breakdown

Grants Paid $1,045,408
Salaries & Benefits $114,866
Fundraising Expenses $0
Program Expenses $1,148,787
Other Expenses $35,292
TOTAL EXPENSES $1,195,566

Year-over-Year Comparison

2018 2017 Change
Revenue $-562,908 $159,561 -4.5%
Expenses $1,195,566 $432,232 +1.8%
Net Income $-1,758,474 $-272,671 +5.4%
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

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Governance

Voting Members
3
Independent Members
2
Employees
3
Volunteers
2

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
1
$23,587
Total Directors
3
$23,587
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY PAINO PRESIDENT 5.00
Officer Director
$23,587 $0 $23,587
LARRY WHITE DIRECTOR 1.00
Director
$0 $0 $0
LARRY MEADOWS 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
2019 $-562,908 $1,195,566 No data $-1,758,474
2018 $159,561 $432,232 $1,764,884 $-272,671
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