New Season Ministries (EIN 473786793) - 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

Edwin Forsythe

Phone

5038054349

Tax Period

2024-01-01 to 2024-12-31

New Season Ministries, founded in 2015, is a small nonprofit in the Religion sector that reported $325K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $371K exceeded revenue, resulting in a 14% operating deficit.

Mission

New Season Ministries is dedicated to supporting churches and Missions Worldwide. Educating and promoting the Word of God to help organizations and individuals rise to a higher moral value.

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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 $14,316

Program Service Revenue $0

Investment Income $4,081

Other Revenue $306,414

TOTAL REVENUE $324,811

Expense Breakdown

Grants Paid $160,509

Salaries & Benefits $0

Fundraising Expenses $50,934

Program Expenses $281,855

Other Expenses $210,635

TOTAL EXPENSES $371,144

Year-over-Year Comparison

	2024	2023	Change
Revenue	$324,811	$456,591	-0.3%
Expenses	$371,144	$299,814	+0.2%
Net Income	$-46,333	$156,777	-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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edwin Forsythe	CEO President	005.00	Officer Director	$0	$0	$0
James Ford	Treasurer	005.00	Officer Director	$0	$0	$0
Cindi Ford	Secretary	005.00	Officer Director	$0	$0	$0
Tina Barker	Director	005.00	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	$324,811	$371,144	$607,317	$-46,333
2023	$456,591	$299,814	$674,430	$156,777
2022	$391,310	$177,356	$493,232	$213,954
2021	$236,236	$205,634	$286,031	$30,602
2020	$282,259	$111,030	$262,815	$171,229
2019	$131,512	$196,861	$83,192	$-65,349
2018	$225,597	$134,531	$131,851	$91,066

New Season Ministries