BANGLA MINISTRIES WORLDWIDE

EIN: 383307818 501(c)(3) Religion

GRAND RAPIDS, MI

Total Revenue
$371,616
Total Expenses
$416,347
Total Assets
$157,583
Net Assets
$152,566
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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

Principal Officer
CHAD MULDER
Phone
6167730290
Tax Period
2023-01-01 to 2023-12-31

BANGLA MINISTRIES WORLDWIDE is a small nonprofit in the Religion sector that reported $372K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $416K exceeded revenue, resulting in a 12% operating deficit.

Mission

DEVELOP AND ADMINISTER BIBLE STUDY PROGRAMS IN BANGLADESH

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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 (2023)

Revenue Breakdown

Contributions & Grants $373,319
Program Service Revenue $0
Investment Income $404
Other Revenue $-2,107
TOTAL REVENUE $371,616

Expense Breakdown

Grants Paid $172,051
Salaries & Benefits $147,081
Fundraising Expenses $28,605
Program Expenses $317,829
Other Expenses $97,215
TOTAL EXPENSES $416,347

Year-over-Year Comparison

2023 2022 Change
Revenue $371,616 $462,621 -0.2%
Expenses $416,347 $408,817 +0.0%
Net Income $-44,731 $53,804 -1.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
3
Volunteers
68

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
4
$57,765
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DECOOK EXECUTIVE DI 40.00
Officer
$57,765 $0 $57,765
DAVE KOPPENAAL PRESIDENT 3.00
Officer Director
$0 $0 $0
CHAD MULDER PRESIDENT 2.00
Officer Director
$0 $0 $0
LISA DUNLAP TREASURER 2.00
Director
$0 $0 $0
BILL WOLF BOARD MEMBER 1.00
Director
$0 $0 $0
VICKI KRAMER SECRETARY 2.00
Officer 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
2024 No data No data No data No data
2023 $371,616 $416,347 $157,583 $-44,731
2022 $462,621 $408,817 $200,643 $53,804
2021 $353,696 $323,493 $148,554 $30,203
2020 $370,093 $362,790 $119,004 $7,303
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