WORDALONE MINISTRIES (EIN 411961561) - 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

2000

Legal Domicile

Principal Officer

STEVEN KING

Phone

2535147900

Tax Period

2024-01-01 to 2024-12-31

WORDALONE MINISTRIES, founded in 2000, is a small nonprofit in the Religion sector that reported $338K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $326K left a modest 4% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE RESOURCES AND SERVICES FOR PREACHING, TEACHING AND CONFESSING JESUS CHRIST AS GOD'S WORD ALONE.

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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 $85,557

Program Service Revenue $0

Investment Income $-2,743

Other Revenue $254,739

TOTAL REVENUE $337,553

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,133

Fundraising Expenses $37,514

Program Expenses $243,872

Other Expenses $166,509

TOTAL EXPENSES $325,642

Year-over-Year Comparison

	2024	2023	Change
Revenue	$337,553	$404,222	-0.2%
Expenses	$325,642	$348,663	-0.1%
Net Income	$11,911	$55,559	-0.8%

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

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

$78,380

Total Directors

$78,380

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DJ LURA	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
MARNEY FRITTS	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JAY WEYGANDT	TREASURER	2.00	Officer Director	$0	$0	$0
CARL HAYNES	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVEN KING	CEO	40.00	Officer Director	$49,810	$28,570	$78,380
ROCHELLE LEMIEUX	BOARD MEMBER	2.00	Director	$0	$0	$0
SHAWNA POCOCK	BOARD MEMBER	2.00	Director	$0	$0	$0
CARL FISKNESS	BOARD MEMBER THRU FALL 2024	2.00	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	$337,553	$325,642	$541,218	$11,911
2023	$404,222	$348,663	$532,472	$55,559
2022	$389,493	$329,550	$484,809	$59,943
2021	$443,725	$339,038	$429,095	$104,687
2020	$557,980	$452,338	$381,551	$105,642
2019	$406,015	$424,506	$240,737	$-18,491
2018	$431,445	$455,759	$248,603	$-24,314

WORDALONE MINISTRIES