SEG-WAY MINISTRIES

EIN: 411964938 501(c)(3) Religion

MINNEAPOLIS, MN

Total Revenue
$261,812
Total Expenses
$275,047
Total Assets
$536,898
Net Assets
$-191,808
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MN
Principal Officer
GREG SILKER
Phone
6128170547
Tax Period
2023-01-01 to 2023-12-31

SEG-WAY MINISTRIES, founded in 2000, is a small nonprofit in the Religion sector that reported $262K in total revenue in fiscal year 2023.

Mission

PROVIDE CHRIST-CENTERED MINISTRY AND SUPPORT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,448
Program Service Revenue $0
Investment Income $53
Other Revenue $244,311
TOTAL REVENUE $261,812

Expense Breakdown

Grants Paid $11,198
Salaries & Benefits $161,337
Fundraising Expenses $19
Program Expenses $256,020
Other Expenses $102,512
TOTAL EXPENSES $275,047

Year-over-Year Comparison

2023 2022 Change
Revenue $261,812 $245,322 +0.1%
Expenses $275,047 $233,080 +0.2%
Net Income $-13,235 $12,242 -2.1%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
19
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
1
$17,461
Total Directors
3
$17,461
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG SILKER EXECUTIVE DIRECTOR 40.00
Officer Director
$17,461 $0 $17,461
CRAIG KRUEGER DIRECTOR 2.00
Director
$0 $0 $0
KEITH LOKKESMOE SECRETARY 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 No data No data No data No data
2023 $261,812 $275,047 $536,898 $-13,235
2022 $245,322 $233,080 $553,373 $12,242
2021 $219,829 $198,002 $542,295 $21,827
2020 $179,605 $191,220 $518,975 $-11,615
2019 $300,964 $314,417 $530,463 $-13,453
2018 $284,853 $325,282 $542,883 $-40,429
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SEG-WAY MINISTRIES with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.