Mosaic Ministries

EIN: 411988309 501(c)(3) Education

Apple Valley, MN

Total Revenue
$33,027
Total Expenses
$25,142
Total Assets
$15,368
Net Assets
$15,368
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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
MN
Principal Officer
DAWN IGLESIA
Phone
9529949558
Tax Period
2020-10-01 to 2021-09-30

Mosaic Ministries, founded in 2000, is a micro nonprofit in the Education sector that reported $33K in total revenue in fiscal year 2020. The organization ran a surplus of $8K, a strong 24% operating margin.

Mission

TO PROVIDE A BIBLEBASED CHRISTCENTERED CULTURALLY RELEVANT MINISTRY THROUGH TEACHING PREACHING AND DISCIPLING

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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 (2020)

Revenue Breakdown

Contributions & Grants $20,727
Program Service Revenue $12,300
Investment Income $0
Other Revenue $0
TOTAL REVENUE $33,027

Expense Breakdown

Grants Paid $50
Salaries & Benefits $15,350
Fundraising Expenses $0
Program Expenses $17,151
Other Expenses $9,742
TOTAL EXPENSES $25,142

Year-over-Year Comparison

2020 2019 Change
Revenue $33,027 $30,824 +0.1%
Expenses $25,142 $25,023 +0.0%
Net Income $7,885 $5,801 +0.4%
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
2
Independent Members
2
Employees
N/A
Volunteers
17

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
$18,950
Total Directors
3
$18,950
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR FREDRICK IGLESIA EXECUTIVE DIRECTOR 40.00
Officer Director
$18,950 $0 $18,950
DR JOHN MAYER DIRECTOR 0.100
Director
$0 $0 $0
ERMA MYERS DIRECTOR 0.100
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
2021 $33,027 $25,142 $15,368 $7,885
2020 $30,824 $25,023 $14,029 $5,801
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