IN SEARCH OF THE LORD'S WAY INC (EIN 352192020) - 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

2003

Legal Domicile

Principal Officer

CHRIS LYON

Phone

4053483242

Tax Period

2023-01-01 to 2023-12-31

IN SEARCH OF THE LORD'S WAY INC, founded in 2003, is a community nonprofit in the Religion sector that reported $4.0M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $3.5M left a modest 12% surplus.

Mission

MINISTERIAL SERVICES

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,760,876

Program Service Revenue $0

Investment Income $125,710

Other Revenue $97,205

TOTAL REVENUE $3,983,791

Expense Breakdown

Grants Paid $0

Salaries & Benefits $490,273

Fundraising Expenses $0

Program Expenses $3,139,996

Other Expenses $2,998,611

TOTAL EXPENSES $3,488,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,983,791	$5,107,207	-0.2%
Expenses	$3,488,884	$3,411,460	+0.0%
Net Income	$494,907	$1,695,747	-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

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

$68,233

Total Directors

$156,033

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHIL SANDERS	TRUSTEE	55.00	Director	$67,400	$20,400	$87,800
CHRIS LYON	SECRETARY/TR	45.00	Officer Director	$50,233	$18,000	$68,233
PEGGY COULTER	DIRECTOR	N/A	Director	$0	$0	$0
RUSS DYER	DIRECTOR	N/A	Director	$0	$0	$0
ROGER GENE	DIRECTOR	N/A	Director	$0	$0	$0
STEPHEN LUPLACE	DIRECTOR	N/A	Director	$0	$0	$0
JIM RAINS	DIRECTOR	2.00	Director	$0	$0	$0
GREG TIDWELL	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$3,983,791	$3,488,884	$5,024,332	$494,907
2022	$5,107,207	$3,411,460	$4,528,725	$1,695,747
2021	$4,061,102	$3,304,500	$2,835,232	$756,602
2020	$3,535,506	$3,407,986	$2,163,296	$127,520
2019	$3,112,592	$3,565,309	$1,951,010	$-452,717

IN SEARCH OF THE LORD'S WAY INC