ADVANCING CHURCH MINISTRIES

EIN: 421349088 501(c)(3) Religion

CEDAR RAPIDS, IA

Total Revenue
$142,034
Total Expenses
$127,391
Total Assets
$260,682
Net Assets
$259,217
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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
1990
Legal Domicile
FL
Principal Officer
FRANCIS FRANGIPANE
Phone
6193957131
Tax Period
2025-01-01 to 2025-12-31

ADVANCING CHURCH MINISTRIES, founded in 1990, is a small nonprofit in the Religion sector that reported $142K in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. Expenses of $127K left a modest 10% surplus.

Mission

TO SHARE AND TEACH THE GOSPEL OF JESUS CHRIST AND TO TRAIN DISCIPLES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $118,742
Program Service Revenue $20,242
Investment Income $3,050
Other Revenue $0
TOTAL REVENUE $142,034

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,220
Fundraising Expenses $0
Program Expenses $68,584
Other Expenses $50,171
TOTAL EXPENSES $127,391

Year-over-Year Comparison

2025 2024 Change
Revenue $142,034 $159,734 -0.1%
Expenses $127,391 $152,127 -0.2%
Net Income $14,643 $7,607 +0.9%
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
5
Employees
3
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
2
$53,250
Total Directors
4
$53,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANCIS FRANGIPANE PRESIDENT 10.00
Officer Director
$53,250 $0 $53,250
GREG BALL DIRECTOR N/A
Director
$0 $0 $0
DENISE FRANGIPANE VICE PRESIDE N/A
Officer Director
$0 $0 $0
PELLE KARLSSON DIRECTOR N/A
Director
$0 $0 $0
ROB SPARROW SECRETARY N/A
$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
2025 $142,034 $127,391 $260,682 $14,643
2024 No data No data No data No data
2023 $179,730 $167,286 $249,241 $12,444
2022 $190,508 $165,004 $231,243 $25,504
2021 $189,983 $163,876 $205,739 $26,107
2020 $226,268 $196,857 $180,439 $29,411
2019 $153,124 $186,257 $151,028 $-33,133
2018 $194,733 $195,720 $184,106 $-987
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