ANCIENT WORK MINISTRIES INC (EIN 454578236) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

J Rick Casey

Phone

8179380490

Tax Period

2022-01-01 to 2022-12-31

ANCIENT WORK MINISTRIES INC, founded in 2012, is a small nonprofit in the International Affairs sector that reported $112K in total revenue in fiscal year 2022. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $184K exceeded revenue, resulting in a 64% operating deficit.

Mission

To utilize all resources available to it to (1) provide financial and ministry support to local churches and ministries who proclaim the Good News of Jesus Christ to the communities they are located in, and serve, (2) to provide benevolence support to qualifying individuals in the North Texas area affected by temporary financial hardship, to provide families a bridge to renewed self sufficiency and (3) to explore and expand into additional ministry opportunities that are presented to Ancient Work Ministries.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $28,677

Program Service Revenue $0

Investment Income $83,156

Other Revenue $0

TOTAL REVENUE $111,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $455

Program Expenses $153,063

Other Expenses $183,903

TOTAL EXPENSES $183,903

Year-over-Year Comparison

	2022	2021	Change
Revenue	$111,833	$142,200	-0.2%
Expenses	$183,903	$72,427	+1.5%
Net Income	$-72,070	$69,773	-2.0%

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

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
Becky Crum	Director	1	Director	$0	$0	$0
Howard Jones	Director	1	Director	$0	$0	$0
Ruth W Casey	Director & President	15	Officer Director Key Emp	$0	$0	$0
J Rick Casey	Executive Director	15	Officer Key Emp	$0	$0	$0
Matthew R Casey	Vice President	1	Officer	$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
2022	$111,833	$183,903	$316,559	$-72,070
2021	$142,200	$72,427	$359,874	$69,773
2020	$53,744	$69,862	$302,301	$-16,118

ANCIENT WORK MINISTRIES INC