CHAD VARGA 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

CHAD VARGA

Phone

8774321725

Tax Period

2020-01-01 to 2020-12-31

CHAD VARGA MINISTRIES INC, founded in 2013, is a micro nonprofit that reported $35K in total revenue in fiscal year 2020. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $59K exceeded revenue, resulting in a 68% operating deficit.

Mission

INSPIRE, EDUCATE AND EQUIP TEENS IN BECOMING INDIVIDUALS OF CHARACTER THROUGH VALUE BASED SCHOOL ASSEMBLY PROGRAMS, CONFERENCES, SERVICES AND EVENTS

Program Service Accomplishments

Program 1

Expenses: $48,510 Revenue: $35,094

CHAD VARGA, PRESIDENT/FOUNDER, SPEAKS TO MANY HUNDREDS OF THOUSANDS OF PEOPLE THROUGH MOTIVATIONAL SCHOOL ASSEMBIES, NATIONAL YOUTH CONFERENCES, CORPORATE SEMINARS, AND CHURCH SERVICES. MEMBERS OF...

CHAD VARGA, PRESIDENT/FOUNDER, SPEAKS TO MANY HUNDREDS OF THOUSANDS OF PEOPLE THROUGH MOTIVATIONAL SCHOOL ASSEMBIES, NATIONAL YOUTH CONFERENCES, CORPORATE SEMINARS, AND CHURCH SERVICES. MEMBERS OF THE ORGANIZATION WITNESSES THE TURNAROUND OF THOUSANDS OF YOUNG PEOPLES LIVES THROUGH THE ACCEPTANCE OF JESUS CHRIST AS THEIR SAVIOR.

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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 (2020)

Revenue Breakdown

Contributions & Grants $35,094

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $35,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,001

Fundraising Expenses $0

Program Expenses $48,510

Other Expenses $20,801

TOTAL EXPENSES $58,802

Year-over-Year Comparison

	2020	2019	Change
Revenue	$35,094	$140,704	-0.8%
Expenses	$58,802	$133,599	-0.6%
Net Income	$-23,708	$7,105	-4.3%

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

Volunteers

120

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
CHAD	VARGA	50.00	Officer	$1	$0	$1

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
2020	$35,094	$58,802	$131,660	$-23,708
2019	$140,704	$133,599	$31,600	$7,105
2018	$96,567	$111,622	$36,495	$-15,055