SEEK & FIND MINISTRIES

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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

MICHAEL W ROBERTS

Phone

2176494789

Tax Period

2024-01-01 to 2024-12-31

SEEK & FIND MINISTRIES, founded in 2014, is a small nonprofit in the Religion sector that reported $351K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $332K left a modest 5% surplus.

Mission

OUR MISSION IS TO PROVIDE NICELY PRICED CLOTHING, SHOES, HOUSEHOLD ITEMS AND FURNITURE IN OUR THRIFT STORE. WE ALSO STRIVE TO HELP OTHERS BY OFFERING ASSISTANCE IN FILLING OUT JOB APPLICATIONS AND RESUME WRITING; PARTICIPATING IN AFFORDABLE FINANCIAL COUNSELING AND JOB SKILLS TRAINING; AND BY PROVIDING THE OPPORTUNITY TO PRAY WITH AND BE PRAYED FOR. WE WILL STRIVE TO SHARE THE LOVE OF GOD IN ORDER TO HELP LEAD OTHERS TO JESUS; TO SEEK AND FIND THE BETTER WAY OF LIFE.

Program Service Accomplishments

Program 1

Expenses: $330,578 Revenue: $298,678

SEEK AND FIND MINISTRIES OPENED A THRIFT STORE TO PROVIDE QUALITY USED CLOTHING, HOUSEHOLD ITEMS AND FURNISHINGS AS MISSION TO ASSIST NEEDY FAMILIES IN THE COMMUNITY.

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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 $50,072

Program Service Revenue $298,678

Investment Income $0

Other Revenue $2,302

TOTAL REVENUE $351,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $239,577

Fundraising Expenses $0

Program Expenses $330,578

Other Expenses $92,574

TOTAL EXPENSES $332,151

Year-over-Year Comparison

	2024	2023	Change
Revenue	$351,052	$310,410	+0.1%
Expenses	$332,151	$299,300	+0.1%
Net Income	$18,901	$11,110	+0.7%

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

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

$62,015

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL W ROBERTS	PRESIDENT	40.00	Officer	$42,745	$19,270	$62,015
DANIEL GRIESER	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
ROGER HEISER	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
DEE HILLSMAN	DIRECTOR	N/A	Director	$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	$351,052	$332,151	$314,803	$18,901
2023	$310,410	$299,300	$296,291	$11,110
2022	$258,041	$245,878	$238,010	$12,163
2021	$255,911	$216,075	$225,691	$39,836
2020	$200,950	$193,825	$189,508	$7,125
2019	$184,502	$145,715	$192,266	$38,787
2018	$159,441	$107,977	$170,779	$51,464