THE MINISTRY CENTER INC (EIN 431840277) - 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

CONNIE MCGINNESS

Phone

6605411402

Tax Period

2023-01-01 to 2023-12-31

THE MINISTRY CENTER INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $252K in total revenue in fiscal year 2023. Expenses of $282K exceeded revenue, resulting in a 12% operating deficit.

Mission

DISTRIBUTE FOOD AND CLOTHING TO LOWER INCOME/NEEDY FAMILIES OR INDIVIDUALS AT NO COST TO THEM

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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 (2023)

Revenue Breakdown

Contributions & Grants $250,208

Program Service Revenue $0

Investment Income $1,732

Other Revenue $0

TOTAL REVENUE $251,940

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $281,571

Other Expenses $281,571

TOTAL EXPENSES $281,571

Year-over-Year Comparison

	2023	2022	Change
Revenue	$251,940	$252,346	0.0%
Expenses	$281,571	$240,110	+0.2%
Net Income	$-29,631	$12,236	-3.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV LAURA RAND	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CONNIE MCGINNESS	TREASURER	3.00	Officer Director	$0	$0	$0
CARLA SPIRE	SECRETARY	2.00	Officer Director	$0	$0	$0
RICK SMAIL	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL GOLIGHTLY	DIRECTOR	1.00	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	$251,940	$281,571	$558,812	$-29,631
2022	$252,346	$240,110	$588,444	$12,236
2021	$182,341	$159,094	$576,209	$23,247
2020	$172,736	$181,951	$552,963	$-9,215
2019	$240,767	$141,031	$562,178	$99,736

THE MINISTRY CENTER INC