NIK RIPKEN 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

2013

Legal Domicile

Principal Officer

Beth Perkins

Phone

9042268094

Tax Period

2024-01-01 to 2024-12-31

NIK RIPKEN MINISTRIES, founded in 2013, is a small nonprofit in the Religion sector that reported $204K in total revenue in fiscal year 2024. Expenses of $253K exceeded revenue, resulting in a 24% operating deficit.

Mission

Nik Ripken Ministries trains and teaches workers, churches, and believers about the persecution of Christians globally.

Program Service Accomplishments

Program 1

Expenses: $21,175 Revenue: $10,922

Development of film and book teching Christians about global persecution.

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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 $187,480

Program Service Revenue $10,922

Investment Income $5,488

Other Revenue $0

TOTAL REVENUE $203,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $112,820

Fundraising Expenses $0

Program Expenses $21,175

Other Expenses $140,489

TOTAL EXPENSES $253,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$203,890	$195,062	+0.0%
Expenses	$253,309	$243,030	+0.0%
Net Income	$-49,419	$-47,968	+0.0%

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

Total Directors

$63,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Perkins	President	40	Director	$32,400	$0	$32,400
Beth Perkins	CFO	40	Director	$30,600	$0	$30,600
Katherine Yates	Trustee	1	Director	$0	$0	$0
Rudolph Keller	Trustee	1	Director	$0	$0	$0
Timothy Maynard	Trustee	1	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	$203,890	$253,309	$211,961	$-49,419
2018	$72,271	$35,692	$454,891	$36,579