Alteco (EIN 371534706) - 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

2006

Phone

6292660464

Tax Period

2023-01-01 to 2023-12-31

Alteco, founded in 2006, is a small nonprofit in the Religion sector that reported $578K in total revenue in fiscal year 2023. Revenue surged 698% from the prior year, signaling strong growth momentum. Expenses of $505K left a modest 13% surplus.

Mission

To empower the tribal church in the Amazon River and lowland regions of South America to spread the Great Commission with the tribes of the region to the Gory of Jesus Christ.

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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 $573,655

Program Service Revenue $0

Investment Income $4,561

Other Revenue $0

TOTAL REVENUE $578,216

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,396

Fundraising Expenses $25,244

Program Expenses $429,199

Other Expenses $288,542

TOTAL EXPENSES $504,938

Year-over-Year Comparison

	2023	2022	Change
Revenue	$578,216	$72,424	+7.0%
Expenses	$504,938	$66,110	+6.6%
Net Income	$73,278	$6,314	+10.6%

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

Total Directors

$162,140

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christopher Ferry	Director	50.00	Director	$75,900	$36,740	$112,640
Paul Johnson	Director	50.00	Director	$11,000	$38,500	$49,500
Phillip Goddard	President	0.50	Officer Director	$0	$0	$0
Robert Hardin	Treasurer	0.50	Officer Director	$0	$0	$0
Jim Yost	Secretary	0.50	Officer Director	$0	$0	$0
Doug Baughman	Director	0.51	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	No data	No data	No data	No data
2023	$578,216	$504,938	$258,079	$73,278
2022	$72,424	$66,110	$200,945	$6,314
2021	$507,633	$451,424	$128,079	$56,209
2020	$360,829	$350,061	$63,993	$10,768
2019	$296,702	$307,058	$53,181	$-10,356
2018	$305,982	$291,776	$63,073	$14,206

Alteco