BIBLE IMPACT MINISTRIES (EIN 362494326) - 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

1969

Legal Domicile

Principal Officer

GREG BENNETT

Phone

5732657445

Tax Period

2024-01-01 to 2024-12-31

BIBLE IMPACT MINISTRIES, founded in 1969, is a small nonprofit that reported $591K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

CHRISTIAN SUMMER CAMP PROGRAMS, YOUTH CLUBS, SCRIPTURE MEMORY PROGRAM, CORRESPONDENCE COURSES AND TEEN EVANGELISTIC OUTREACH, SPIRITUAL GROWTH AND ENCOURAGEMENT.

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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 $423,895

Program Service Revenue $137,524

Investment Income $13,926

Other Revenue $15,971

TOTAL REVENUE $591,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $248,302

Fundraising Expenses $23,077

Program Expenses $429,369

Other Expenses $329,329

TOTAL EXPENSES $577,631

Year-over-Year Comparison

	2024	2023	Change
Revenue	$591,316	$745,475	-0.2%
Expenses	$577,631	$541,593	+0.1%
Net Income	$13,685	$203,882	-0.9%

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

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
BEN ROBINSON	CHAIRMAN	N/A	Officer Director	$0	$0	$0
ROBERT VARNER	TREASURER	N/A	Officer Director	$0	$0	$0
GREG BENNETT	VICE CHAIRMA	N/A	Officer	$0	$0	$0
CHRIS JOHNSON	MEMBER	N/A	Officer	$0	$0	$0
THOMAS JOHNSTON	MEMBER	N/A	Officer	$0	$0	$0
JIM KING	BOARD SECRET	N/A	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
2025	No data	No data	No data	No data
2024	$591,316	$577,631	$661,437	$13,685
2023	$745,475	$541,764	$645,654	$203,711
2022	$581,801	$528,952	$453,904	$52,849
2021	$548,314	$489,972	$390,525	$58,342
2020	$419,365	$435,475	$334,166	$-16,110
2019	$394,945	$475,317	$349,272	$-80,372
2018	$363,820	$379,426	$431,515	$-15,606

BIBLE IMPACT MINISTRIES