MUTUAL FAITH MINISTIRES AND NETWORK

EIN: 461625938 501(c)(3) Religion

LIMA, NY

Total Revenue
$740,913
Total Expenses
$144,824
Total Assets
$612,451
Net Assets
$612,451
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
NANCY CLARK
Phone
5857660206
Tax Period
2024-01-01 to 2024-12-31

MUTUAL FAITH MINISTIRES AND NETWORK, founded in 2012, is a small nonprofit in the Religion sector that reported $741K in total revenue in fiscal year 2024. Revenue surged 708% from the prior year, signaling strong growth momentum. The organization ran a surplus of $596K, a strong 80% operating margin.

Mission

BRING TOGETHER AND CONNECT INDIVIDUALS AND MINISTRIES OF LIKE FAITH FOR PROVIDING VITAL SUPPORT AND ENCOURAGEMENT TO MINISTRY PARTNERS. OVERSIGHT IS PROVIDED TO LOCAL CHURCHES IN THE NETWORK.

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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 (2024)

Revenue Breakdown

Contributions & Grants $102,469
Program Service Revenue $0
Investment Income $638,444
Other Revenue $0
TOTAL REVENUE $740,913

Expense Breakdown

Grants Paid $104,077
Salaries & Benefits $18,000
Fundraising Expenses $0
Program Expenses $117,901
Other Expenses $22,747
TOTAL EXPENSES $144,824

Year-over-Year Comparison

2024 2023 Change
Revenue $740,913 $91,643 +7.1%
Expenses $144,824 N/A N/A
Net Income $596,089 $91,643 +5.5%
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
3
Independent Members
N/A
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY CLARK PRESIDENT 0.00
Officer Director
$0 $0 $0
JEFFREY CLARK VP 0.00
Officer
$0 $0 $0
MARK CAMARATA OFFICER 0.00
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
2024 $740,913 $144,824 $612,451 $596,089
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