PARADISE BOUND MINISTRIES (EIN 383369941) - 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

2005

Legal Domicile

Principal Officer

MELISSA KOOYERS

Phone

6164994905

Tax Period

2024-01-01 to 2024-12-31

PARADISE BOUND MINISTRIES, founded in 2005, is a community nonprofit in the Religion sector that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $464K, a strong 17% operating margin.

Mission

PARADISE BOUND MINISTRIES PROCLAIMS THE GOSPEL OF CHRIST IN THE COUNTRY OF GUATEMALA THROUGH OFFERING MEDICAL CLINICS AND FOOD, CONSTRUCTING HOMES, AND DEVELOPING LOCAL DISCIPLESHIP GROUPS WHICH ULTIMATELY BECOME CHURCHES UNDER OUR SUPPORT. WE ALSO TRAIN LOCALS TO BE PASTORS BY PROVIDING THEOLOGICAL EDUCATION IN A TWO AND A HALF YEAR SEMINARY PROGRAM.

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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 $1,843,217

Program Service Revenue $839,315

Investment Income $69,287

Other Revenue $35,279

TOTAL REVENUE $2,787,098

Expense Breakdown

Grants Paid $0

Salaries & Benefits $651,469

Fundraising Expenses $82,272

Program Expenses $1,975,183

Other Expenses $1,671,306

TOTAL EXPENSES $2,322,775

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,787,098	$2,438,761	+0.1%
Expenses	$2,322,775	$2,090,963	+0.1%
Net Income	$464,323	$347,798	+0.3%

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

373

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN GIERE	PRESIDENT	1.00	Officer Director	$0	$0	$0
SHANE STERK	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
KIM THEEUWES	SECRETARY	1.00	Officer Director	$0	$0	$0
MELISSA KOOYERS	TREASURER	1.00	Officer Director	$0	$0	$0
ERIC LILLIBRIDGE	BOARD MEMBER	1.00	Director	$0	$0	$0
MATT NEDERVELD	BOARD MEMBER	1.00	Director	$0	$0	$0
BOB BOOM	BOARD MEMBER	1.00	Director	$0	$0	$0
CRYSTAL NYLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
TROY BILLIN	BOARD MEMBER	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
2024	$2,787,098	$2,322,775	$3,573,610	$464,323
2023	$2,438,761	$2,090,963	$3,115,733	$347,798
2022	$2,945,605	$2,825,964	$2,807,094	$119,641
2021	$1,817,807	$1,422,426	$2,644,487	$395,381
2020	$1,716,163	$1,537,656	$2,232,574	$178,507
2019	$2,375,245	$1,836,104	$2,047,201	$539,141
2018	$1,910,779	$1,810,058	$1,497,264	$100,721

PARADISE BOUND MINISTRIES