EYES WIDE OPEN MINISTRIES INC

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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

2013

Legal Domicile

Principal Officer

WAYNE HAIRELL

Phone

2567627659

Tax Period

2024-01-01 to 2024-12-31

EYES WIDE OPEN MINISTRIES INC, founded in 2013, is a small nonprofit in the Religion sector that reported $370K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $356K left a modest 4% surplus.

Mission

TO HELP TEACH, TRAIN, AND SUPPORT DOMESTIC AND FOREIGN MINISTERS. TO HELP SUPPORT WORK TEAMS FOR COMMUNITY IMPROVEMENTS IN BOTH DOMESTIC AND FOREIGN SETTINGS.

Program Service Accomplishments

Program 1

TO HELP TEACH, TRAIN, AND SUPPORT DOMESTIC AND FOREIGN MINISTERS. TO HELP SUPPORT WORK TEAMS FOR COMMUNITY IMPROVEMENTS IN BOTH DOMESTIC AND FOREIGN SETTINGS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $369,861

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $369,861

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $355,671

Other Expenses $356,244

TOTAL EXPENSES $356,244

Year-over-Year Comparison

	2024	2023	Change
Revenue	$369,861	$412,421	-0.1%
Expenses	$356,244	$431,922	-0.2%
Net Income	$13,617	$-19,501	-1.7%

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
WAYNE HAIRELL	PRESIDENT, D	N/A	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
2025	No data	No data	No data	No data
2024	$369,861	$356,244	$228,631	$13,617
2023	$412,421	$431,922	$215,014	$-19,501
2022	$382,958	$340,937	$234,515	$42,021
2021	$300,238	$209,313	$192,494	$90,925