Pursue Ministries (EIN 473203293) - 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

Craig Carmon

Phone

6153001055

Tax Period

2024-01-01 to 2024-12-31

Pursue Ministries, founded in 2015, is a small nonprofit in the Religion sector that reported $174K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $196K exceeded revenue, resulting in a 13% operating deficit.

Mission

Pursue Ministries has the mission to pursue an eternal impact by introducing others to Jesus Christ, teaching the Bible and training disciples through one-on-one meetings, small groups, resources, retreats and seminars.

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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 $164,879

Program Service Revenue $0

Investment Income $9,027

Other Revenue $0

TOTAL REVENUE $173,906

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,001

Fundraising Expenses $27,019

Program Expenses $131,410

Other Expenses $39,309

TOTAL EXPENSES $196,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,906	$243,412	-0.3%
Expenses	$196,393	$207,455	-0.1%
Net Income	$-22,487	$35,957	-1.6%

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

$146,000

Total Directors

$146,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Howard	Director-Founder	40.00	Officer Director	$62,400	$0	$62,400
Craig Carmon	Director-Treasurer	4.00	Officer Director	$0	$0	$0
Terri Howard	Director-President	40.00	Officer Director	$83,600	$0	$83,600
Doug Condidorio	Director-Secretary	2.00	Officer Director	$0	$0	$0
Andy Sperry	Director-Chairman	2.00	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	$173,906	$196,393	$416,182	$-22,487
2023	$243,412	$207,455	$437,929	$35,957
2022	$231,502	$210,393	$402,238	$21,109
2021	$237,485	$183,350	$381,217	$54,135
2020	$179,911	$201,972	$327,082	$-22,061
2019	$249,181	$189,363	$348,826	$59,818
2018	$224,781	$173,046	$274,373	$51,735

Pursue Ministries