NORTH CENTRAL MINISTRY DEVELOPMENT CENTER (EIN 410964908) - 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

1969

Legal Domicile

Principal Officer

DREW BENSON

Phone

6516365120

Tax Period

2024-07-01 to 2025-06-30

NORTH CENTRAL MINISTRY DEVELOPMENT CENTER, founded in 1969, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

LEADERWISE FOSTERS HEALTHY AND SPIRIT-FILLED INDIVIDUALS AND COMMUNITIES FOR LIVES OF SERVICE.

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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 $33,908

Program Service Revenue $1,944,923

Investment Income $6,879

Other Revenue $4,859

TOTAL REVENUE $1,990,569

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,198,259

Fundraising Expenses $1,691

Program Expenses $1,836,789

Other Expenses $875,232

TOTAL EXPENSES $2,073,491

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,990,569	$1,729,797	+0.2%
Expenses	$2,073,491	$1,846,474	+0.1%
Net Income	$-82,922	$-116,677	-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

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

$382,359

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN OLSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
HOWARD GRINAGER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DEB DEMEESTER	CO-SECRETARY	2.00	Officer Director	$0	$0	$0
KELLY GALLAGHER	CO-SECRETARY	2.00	Officer Director	$0	$0	$0
PAUL ROBINSON	BOARD MEMBER	2.00	Director	$0	$0	$0
JEFF SANDERS	BOARD MEMBER	2.00	Director	$0	$0	$0
DREW BENSON	CO-DIRECTOR	40.00	Officer	$111,129	$9,910	$121,039
MARY KAY DUCHENE	CO-DIRECTOR	40.00	Officer	$107,114	$12,931	$120,045
MARK SUNDBY	CO-DIRECTOR	40.00	Officer	$133,485	$7,790	$141,275

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	$1,990,569	$2,073,491	$553,022	$-82,922
2024	$1,729,797	$1,846,474	$625,926	$-116,677
2023	$1,585,723	$1,568,375	$767,323	$17,348
2022	$1,518,215	$1,437,301	$733,739	$80,914
2021	$1,229,600	$1,099,852	$772,140	$129,748
2020	$809,820	$823,950	$583,854	$-14,130

NORTH CENTRAL MINISTRY DEVELOPMENT CENTER