Hanging Rock Christian Assembly Inc (EIN 356045412) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1952

Legal Domicile

Principal Officer

Gary Baker

Phone

7658934581

Tax Period

2024-01-01 to 2024-12-31

Hanging Rock Christian Assembly Inc, founded in 1952, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 10% surplus.

Mission

Hanging Rock Christian Assembly, Inc. provides opportunities for individuals, families, and communities to strengthen their faith and spiritual formation in an informal atmosphere

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $559,724

Program Service Revenue $674,782

Investment Income $1,962

Other Revenue $0

TOTAL REVENUE $1,236,468

Expense Breakdown

Grants Paid $20,098

Salaries & Benefits $368,776

Fundraising Expenses $0

Program Expenses $818,455

Other Expenses $718,189

TOTAL EXPENSES $1,107,063

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,236,468	$982,099	+0.3%
Expenses	$1,107,063	$1,007,641	+0.1%
Net Income	$129,405	$-25,542	-6.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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
Neil Ellis	Member	1.00	Director	$0	$0	$0
Chris Smith	Secretary	1.00	Officer Director	$0	$0	$0
Owen Moudy	Treasurer	1.00	Officer Director	$0	$0	$0
John Peterson	Member	1.00	Director	$0	$0	$0
John Clausen	Member	1.00	Director	$0	$0	$0
Jeff Brooks	Member	1.00	Director	$0	$0	$0
Stu Jones	Member	1.00	Director	$0	$0	$0
Brad Hiller	President	1.00	Officer Director	$0	$0	$0
Rob Conrick	N/A	1.00	Director	$0	$0	$0
Darrell Morgan	N/A	1.00	Director	$0	$0	$0
Gary Baker	Executive Director	40.00	Officer Key Emp	$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	$1,236,468	$1,107,063	$5,301,260	$129,405
2023	$982,099	$1,007,641	$5,201,628	$-25,542
2022	$813,383	$806,309	$5,306,204	$7,074
2021	$683,131	$483,645	$5,289,204	$199,486
2020	$486,855	$494,417	$5,131,643	$-7,562
2019	$727,903	$743,757	$5,111,685	$-15,854

Hanging Rock Christian Assembly Inc