DOMINIC GALATI JR MINISTRIES

EIN: 391652422 501(c)(3) Religion

MOUNT PLEASANT, WI

Total Revenue
$49,839
Total Expenses
$54,258
Total Assets
$61,968
Net Assets
$36,601
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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
1989
Legal Domicile
WI
Principal Officer
DOMINIC GALATI JR
Phone
3526782335
Tax Period
2024-01-01 to 2024-12-31

DOMINIC GALATI JR MINISTRIES, founded in 1989, is a micro nonprofit in the Religion sector that reported $50K in total revenue in fiscal year 2024.

Mission

CHRISTIAN MISSIONARY TRAINING AND LEADERSHIP

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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 (2024)

Revenue Breakdown

Contributions & Grants $48,120
Program Service Revenue $0
Investment Income $0
Other Revenue $1,719
TOTAL REVENUE $49,839

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,915
Fundraising Expenses $0
Program Expenses $54,258
Other Expenses $47,343
TOTAL EXPENSES $54,258

Year-over-Year Comparison

2024 2023 Change
Revenue $49,839 $50,795 0.0%
Expenses $54,258 $61,262 -0.1%
Net Income $-4,419 $-10,467 -0.6%
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

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Governance

Voting Members
5
Independent Members
3
Employees
1
Volunteers
N/A

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
$6,915
Total Directors
5
$6,915
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOMINIC GALATI JR PRESIDENT 30.00
Officer Director
$6,915 $0 $6,915
PAMELA GALATI VICE-PRESIDENT 0.00
Officer Director
$0 $0 $0
BRITTANY SPARKS SECRETARY 0.00
Officer Director
$0 $0 $0
DOMINIC III GALATI DIRECTOR 0.00
Director
$0 $0 $0
JAMES POTTER TREASURER 0.00
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 $49,839 $54,258 $61,968 $-4,419
2023 $50,795 $61,262 $129,581 $-10,467
2022 $54,396 $56,198 $143,735 $-1,802
2021 $63,194 $61,938 $149,045 $1,256
2020 $41,048 $42,604 $151,072 $-1,556
2018 $89,175 $65,447 $159,100 $23,728
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