LARRY THOMPSON MINISTRIES INC (EIN 472106209) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

JIM BENNETT

Tax Period

2021-01-01 to 2021-12-31

LARRY THOMPSON MINISTRIES INC, founded in 2015, is a small nonprofit in the Religion sector that reported $159K in total revenue in fiscal year 2021. Revenue fell 50% from the prior year — a significant decline worth monitoring. Net assets of $444K represent 34 months of operating reserves.

Mission

PREACH THE GOSPEL OF JESUS CHRIST

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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 (2021)

Revenue Breakdown

Contributions & Grants $158,903

Program Service Revenue $0

Investment Income $0

Other Revenue $179

TOTAL REVENUE $159,082

Expense Breakdown

Grants Paid $111

Salaries & Benefits $136,402

Fundraising Expenses $0

Program Expenses $144,735

Other Expenses $31,923

TOTAL EXPENSES $168,436

Year-over-Year Comparison

	2021	2020	Change
Revenue	$159,082	$318,466	-0.5%
Expenses	$168,436	$183,105	-0.1%
Net Income	$-9,354	$135,361	-1.1%

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

$123,867

Total Directors

$123,867

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY THOMPSON	CEOEXECUTIVE DIRCTOR	40.00	Officer Director	$45,940	$23,760	$69,700
CYNTHIA S THOMPSON	ASSOCIATE EXECUTIVE DIRECTOR	0.00	Officer Director	$54,167	$0	$54,167
BOBBY CLAYTON	TRUSTEEDIRECTOR	0.00	Director	$0	$0	$0
CELIA WALLACE	DIRECTOR	0.00	Director	$0	$0	$0
VAUGHN DRINKARD	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
JIM BENNETT	PRESIDENT	0.00	Officer Director	$0	$0	$0
BELINDA LAWRENCE	TREASURER	2.00	Officer Director	$0	$0	$0
AMI T ROYLE	SECRETARY	0.00	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
2021	$159,082	$168,436	$463,646	$-9,354
2020	$318,466	$183,105	$468,304	$135,361
2019	$255,458	$253,768	$322,208	$1,690
2018	$264,612	$230,032	$314,860	$34,580

LARRY THOMPSON MINISTRIES INC