FAITH MINISTRY EVANGELISTIC ASSOC

EIN: 371037765 501(c)(3) Religion

SPARTA, IL

Total Revenue
$72,603
Total Expenses
$72,227
Total Assets
$612,622
Net Assets
$612,622
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
IL
Principal Officer
REV DR REID Sr
Phone
6184432070
Tax Period
2025-01-01 to 2025-12-31

FAITH MINISTRY EVANGELISTIC ASSOC, founded in 1978, is a micro nonprofit in the Religion sector that reported $73K in total revenue in fiscal year 2025. Net assets of $613K represent 101 months of operating reserves.

Mission

TO PREACH THE GOSPEL OF JESUS CHRIST, MINISTER TO THE NEEDY,WIDOWS AND ORPHANS. HELP ALCOHOLICS AND DRUG ADDICTS

Program Service Accomplishments

Program 1
Expenses: $72,227

CONDUCTING WEEKLY WORSHIP SERVICES,COUNSELING AND HELPING THE POOR. MEETING WITH ALCOHOLICS AND DRUG ADDICTS WEEKLY

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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 (2025)

Revenue Breakdown

Contributions & Grants $34,153
Program Service Revenue $0
Investment Income $38,450
Other Revenue $0
TOTAL REVENUE $72,603

Expense Breakdown

Grants Paid $2,696
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $72,227
Other Expenses $50,198
TOTAL EXPENSES $72,227

Year-over-Year Comparison

2025 2024 Change
Revenue $72,603 $69,562 +0.0%
Expenses $72,227 $70,374 +0.0%
Net Income $376 $-812 -1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
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
2
$18,360
Total Directors
2
$18,360
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV DR REID Sr PRESIDENTSENIOR PASTOR 65.00
Officer Director
$0 $18,360 $18,360
REV CAROL REID SECYTREAS CO-PASTOR 38.00
Officer Director
$0 $0 $0
RICHARD REID Jr TRUSTEEASSOC PASTOR HA 15.00
$0 $0 $0
JOHN WARNER TRUSTEE 1.00
$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 $72,603 $72,227 $612,622 $376
2024 No data No data No data No data
2023 $78,684 $83,902 $613,058 $-5,218
2022 $69,209 $66,440 $618,276 $2,769
2021 $65,896 $67,743 $615,507 $-1,847
2020 $78,251 $69,765 $617,354 $8,486
2019 $74,166 $68,239 $608,868 $5,927
2018 $93,727 $72,407 $606,561 $21,320
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