Proclamation Ministries Inc

EIN: 470870826 501(c)(3) Religion

Colorado Springs, CO

Total Revenue
$5,834
Total Expenses
$48,605
Total Assets
$327,774
Net Assets
$327,587
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CO
Principal Officer
Deena Stuart
Phone
7193218776
Tax Period
2024-01-01 to 2024-12-31

Proclamation Ministries Inc, founded in 2000, is a micro nonprofit in the Religion sector that reported $6K in total revenue in fiscal year 2024. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $49K exceeded revenue, resulting in a 733% operating deficit.

Mission

We are an evangelistic organization dedicated to proclaim the salvation of the Lord, His glory among the nations, and His wonders among all peoples. Training and education are essential for developing mature Christians and servant leaders. Proclamation Ministries endeavors to engage in missionary evangelism through counseling, training of leaders, acts of compassion, and by supporting missionaries as the Lord enables us.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,000
Program Service Revenue $0
Investment Income $2,834
Other Revenue $0
TOTAL REVENUE $5,834

Expense Breakdown

Grants Paid $25,500
Salaries & Benefits $14,410
Fundraising Expenses $0
Program Expenses $42,804
Other Expenses $8,695
TOTAL EXPENSES $48,605

Year-over-Year Comparison

2024 2023 Change
Revenue $5,834 $3,300 +0.8%
Expenses $48,605 $74,226 -0.3%
Net Income $-42,771 $-70,926 -0.4%
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

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
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
3
$14,410
Total Directors
5
$14,410
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deena Stuart President 10.00
Officer Director
$14,410 $0 $14,410
David Johnson Treasurer 1.00
Officer Director
$0 $0 $0
Arcy Anderson Director 1.00
Director
$0 $0 $0
Laurel Skogerboe Director 1.00
Director
$0 $0 $0
Melissa Issofov Vice President 1.00
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
2024 $5,834 $48,605 $327,774 $-42,771
2023 $3,300 $74,226 $370,545 $-70,926
2022 $5,515 $17,510 $441,471 $-11,995
2021 $6,587 $8,380 $465,466 $-1,793
2020 $7,414 $4,067 $466,056 $3,347
2019 $5,948 $15,386 $463,910 $-9,438
2018 $161,396 $47,098 $502,192 $114,298
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