CHANCE WALTERS 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

2014

Legal Domicile

Principal Officer

CECIL CHANCE WALTERS

Phone

3366762967

Tax Period

2023-01-01 to 2023-12-31

CHANCE WALTERS MINISTRIES INC, founded in 2014, is a small nonprofit in the Religion sector that reported $218K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $209K left a modest 4% surplus.

Mission

TO TEACH AND PREACH THE GOSPEL OF JESUS CHRIST THROUGH SPEAKING ENGAGEMENTS AT RELIGIOUS VENUES, CONDUCT THE WORK OF EVANGELISM INCLUDING PUBLIC EVANGELISTIC ACTIVITIES, PRODUCT AND DISTRIBUTE CHRISTIAN LITERATURE, CONDUCT MISSIONARY ACTIVITIES AND OFFER BIBLE BASED EVANGELISM CLASSES AND PROVIDE SPIRITUAL COUNSELING. 2023 ACCOMPLISHMENBTS: 156 CHURCH SERVICES, CONFERENCES, AND CLUBS, 10 COUNTRIES AND 15 STATES FOR MINISTRY OPPORTUNITY. HOSTED 4 CRUSADES AND 4 MAJOR CONFERENCES. HOSTED 2 EMT SCHOOLS; GRADUATED 68 STUDENTS. A NEW BOOK RELEASE FOR MY 20 YR SALVATION BIRTHDAY IN HONOR OF TEEN CHALLENGE: ON THE ROAD TO RECOVERY'. CENEBRATED 10 YEARS AS A MINISTRY AND 10 YEARS MARRIED MY KACIE RENAE. REACHED OVER 1 MILLIONN PEOPLE WITH THE GOSPEL.

Program Service Accomplishments

Program 1

2023 REPORT: 156 CHURCH SERVICES, CONFERENCES AND CLUBS. 10 COUNTRIES AND 15 STATES FOR MINISTRY OPPORTUNITY. HOSTED 4 CRUSADES AND 4 MAJOR CONFERENCES. HOSTED 2 EMT SCHOOLS: GRADUATED 68 STUDENTS. A NEW ROOK RELEASE FOR MY 20 YR SALVATIO BIRTHDAY IN HONOR OF TEEN CHALLENGE. ON THE ROAD TO RECOVERY. CELEVRATED 10 YEARS AS A MINISTRY. REACHED OVER 1 MILLION PEOPLE WITH THE GOSPEL.

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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 $198,704

Program Service Revenue $0

Investment Income $0

Other Revenue $19,089

TOTAL REVENUE $217,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,200

Fundraising Expenses $0

Other Expenses $116,187

TOTAL EXPENSES $209,387

Year-over-Year Comparison

	2023	2022	Change
Revenue	$217,793	$196,648	+0.1%
Expenses	$209,387	$197,006	+0.1%
Net Income	$8,406	$-358	-24.5%

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

Volunteers

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

$93,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CECIL CHANCE WALTERS	PRESIDENT	39.00	Director Highest	$93,200	$0	$93,200

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	$217,793	$209,387	$53,726	$8,406
2022	$196,648	$197,006	$57,670	$-358