7 SPRINGS MINISTRIES (EIN 471049526) - 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

2014

Legal Domicile

Phone

2567709111

Tax Period

2023-01-01 to 2023-12-31

7 SPRINGS MINISTRIES INC, founded in 2014, is a small nonprofit in the Mental Health sector that reported $620K in total revenue in fiscal year 2018. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $552K left a modest 11% surplus.

Mission

A residential treatment program for men and women suffering from addiction and other needs that may prevent them from functioning in society. We provide basic living needs counseling group therapy community support learning skills and faith based classes.

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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 $0

Program Service Revenue $0

Investment Income $1

Other Revenue $780,951

TOTAL REVENUE $780,952

Expense Breakdown

Grants Paid $0

Salaries & Benefits $277,992

Fundraising Expenses $0

Program Expenses $874,015

Other Expenses $508,977

TOTAL EXPENSES $786,969

Year-over-Year Comparison

	2023	2022	Change
Revenue	$780,952	$1,182,558	-0.3%
Expenses	$786,969	$1,189,804	-0.3%
Net Income	$-6,017	$-7,246	-0.2%

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

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

$81,120

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel Hughes	President	55.00	Officer	$52,000	$0	$52,000
Colonie Hughes	Board member	40.00	Officer	$29,120	$0	$29,120
Christina Ramey	Board Member	5.00	Officer	$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	No data	No data	No data	No data
2023	$780,952	$786,969	$509,630	$-6,017
2023	No data	No data	No data	No data
2022	No data	No data	No data	No data
2021	$937,059	$928,441	$801,217	$8,618
2020	$815,569	$854,902	$1,179,752	$-39,333
2019	$880,624	$832,400	$622,608	$48,224
2018	$620,356	$552,253	$156,151	$68,103

7 SPRINGS MINISTRIES