THE OTHER WAY MINISTRIES (EIN 382236821) - 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

1979

Legal Domicile

Principal Officer

SCOTT BLOEM

Phone

6164544011

Tax Period

2024-07-01 to 2025-06-30

THE OTHER WAY MINISTRIES, founded in 1979, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

CHRISTIAN COMMUNITY DEVELOPMENT ORGANIZATION MINISTERING TO AN URBAN, LOW-INCOME NEIGHBORHOOD.

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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 $1,929,350

Program Service Revenue $558,895

Investment Income $21,837

Other Revenue $44,895

TOTAL REVENUE $2,554,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,207,524

Fundraising Expenses $114,185

Program Expenses $2,244,826

Other Expenses $1,348,942

TOTAL EXPENSES $2,556,466

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,554,977	$2,266,592	+0.1%
Expenses	$2,556,466	$2,357,162	+0.1%
Net Income	$-1,489	$-90,570	-1.0%

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

180

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

$84,069

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH JONGSMA	PRESIDENT	4.00	Officer Director	$0	$0	$0
MARK MINNICK	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
ELIZABETH SAMUELSON	TREASURER	3.00	Officer Director	$0	$0	$0
KATIE CARPENTER	SECRETARY	3.00	Officer Director	$0	$0	$0
MICHELLE DATEMA	DIRECTOR	2.00	Director	$0	$0	$0
JESSICA COONEY-DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
VANESSA CERVANTES	DIRECTOR	2.00	Director	$0	$0	$0
CEDRIC WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
MATTEAH REPPART	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT SCHOFIELD	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT BLOEM	EXECUTIVE DIRECTOR	45.00	Officer	$75,237	$8,832	$84,069

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	$2,554,977	$2,556,466	$1,098,427	$-1,489
2024	$2,266,592	$2,357,162	$1,089,958	$-90,570
2023	$1,858,045	$1,893,714	$1,161,327	$-35,669
2022	$2,117,448	$1,885,699	$1,170,416	$231,749
2021	$2,209,187	$1,787,313	$1,000,921	$421,874
2020	$1,358,290	$1,091,648	$735,741	$266,642
2019	$1,399,661	$1,457,534	$301,743	$-57,873
2018	$1,195,819	$1,362,093	$382,358	$-166,274

THE OTHER WAY MINISTRIES