CONNECT MINISTRIES (EIN 474194805) - 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

CHRIS MCGINNESS

Tax Period

2023-01-01 to 2023-12-31

CONNECT MINISTRIES, founded in 2015, is a small nonprofit in the International Affairs sector that reported $211K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $51K, a strong 24% operating margin.

Mission

OUR MISSION IS TO MAKE DISCIPLES IN MANY CULTURES AT ONE TIME BY ENGAGING INDIVIDUALS, COMMUNITIES AND THE CHURCH THROUGH LOVE, PRAYER, WORSHIP, SERVICE AND THE WORD LIVED OUT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $146,424

Program Service Revenue $57,436

Investment Income $0

Other Revenue $6,840

TOTAL REVENUE $210,700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,337

Fundraising Expenses $348

Program Expenses $135,510

Other Expenses $109,955

TOTAL EXPENSES $159,292

Year-over-Year Comparison

	2023	2022	Change
Revenue	$210,700	$191,046	+0.1%
Expenses	$159,292	$186,106	-0.1%
Net Income	$51,408	$4,940	+9.4%

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

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

$45,861

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATIE MCGREW	EXECUTIVE DI	40.00	Officer	$45,861	$0	$45,861
BRAD CUMMINGS	DIRECTOR	0.25	Director	$0	$0	$0
LAURIE CUMMINGS	DIRECTOR	0.25	Director	$0	$0	$0
CHRIS MCGINNESS	TREASURER	0.25	Officer Director	$0	$0	$0
KAREN MICHEL	DIRECTOR	0.25	Director	$0	$0	$0
ROB MICHEL	DIRECTOR	0.25	Director	$0	$0	$0
ERIK NELSON	DIRECTOR	0.25	Director	$0	$0	$0
JAY YOUNG	PRESIDENT	0.25	Officer Director	$0	$0	$0
LESLIE YOUNG	SECRETARY	0.25	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	No data	No data	No data	No data
2023	$210,700	$159,292	$604,907	$51,408
2022	$191,046	$186,106	$624,327	$4,940
2021	$226,713	$175,795	$612,263	$50,918
2020	$230,783	$177,078	$582,266	$53,705
2019	$325,310	$229,798	$529,482	$95,512
2018	$363,938	$233,933	$564,326	$130,005

CONNECT MINISTRIES