Jerry Spencer Ministries Inc (EIN 470866864) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Jerry L Spencer

Phone

7316079911

Tax Period

2023-01-01 to 2023-12-31

Jerry Spencer Ministries Inc, founded in 2002, is a small nonprofit in the Religion sector that reported $208K in total revenue in fiscal year 2018. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $231K exceeded revenue, resulting in a 11% operating deficit.

Mission

The purpose of this organization is to spread the word of God through ministry and evangelism.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $278,732

Program Service Revenue $0

Investment Income $55

Other Revenue $0

TOTAL REVENUE $278,787

Expense Breakdown

Grants Paid $108,697

Salaries & Benefits $76,976

Fundraising Expenses $0

Program Expenses $144,274

Other Expenses $75,572

TOTAL EXPENSES $261,245

Year-over-Year Comparison

	2023	2022	Change
Revenue	$278,787	$163,596	+0.7%
Expenses	$261,245	$216,890	+0.2%
Net Income	$17,542	$-53,294	-1.3%

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

N/A

Employees

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

$76,126

Total Directors

$76,126

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jerry L Spencer	President	40.00	Officer Director	$76,126	$0	$76,126
Van Spencer	Secretary	40.00	Officer Director	$0	$0	$0
Melba Williams	Treasurer	5.00	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$278,787	$261,245	$50,943	$17,542
2022	$163,596	$216,890	$33,401	$-53,294
2021	$280,882	$236,768	$86,695	$44,114
2020	$197,741	$168,021	$87,584	$29,720
2019	$201,930	$190,469	$62,248	$11,461
2018	$208,260	$231,113	$57,120	$-22,853

Jerry Spencer Ministries Inc