Ken Petty Ministries (EIN 371278324) - 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

1991

Legal Domicile

Principal Officer

KENNNETH D PETTY

Phone

6182181860

Tax Period

2024-01-01 to 2024-12-31

Ken Petty Ministries, founded in 1991, is a small nonprofit in the Religion sector that reported $130K in total revenue in fiscal year 2024. Expenses of $163K exceeded revenue, resulting in a 26% operating deficit.

Mission

Evangelism

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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 $96,135

Program Service Revenue $0

Investment Income $31,007

Other Revenue $2,397

TOTAL REVENUE $129,539

Expense Breakdown

Grants Paid $29,564

Salaries & Benefits $34,572

Fundraising Expenses $0

Program Expenses $149,890

Other Expenses $98,863

TOTAL EXPENSES $162,999

Year-over-Year Comparison

	2024	2023	Change
Revenue	$129,539	$124,260	+0.0%
Expenses	$162,999	$143,911	+0.1%
Net Income	$-33,460	$-19,651	+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

$18,913

Total Directors

$32,882

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth D Petty	President	25.00	Officer Director	$5,592	$5,200	$10,792
Joyce Petty	Treasurer	15.00	Officer Director	$8,121	$0	$8,121
Pam Tomer	Secretary	10.00	Officer Director	$0	$0	$0
Mallory McClerren	DIRECTOR	1.00	Director	$13,969	$0	$13,969
SARAH WIGGS	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN PETTY	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
2025	No data	No data	No data	No data
2024	$129,539	$162,999	$1,705,247	$-33,460
2023	$124,260	$143,911	$1,772,597	$-19,651
2022	$137,272	$146,910	$1,548,978	$-9,638
2021	$147,078	$164,206	$1,387,057	$-17,128
2020	$130,752	$124,486	$1,424,428	$6,266
2019	$136,172	$109,545	$1,546,847	$26,627
2018	$168,057	$106,749	$1,535,098	$61,308

Ken Petty Ministries