JOY OVERFLOW INTERNATIONAL MINISTRIES INC

EIN: 474433502 501(c)(3) Religion

ESSEX, MD

Total Revenue
$896,363
Total Expenses
$661,439
Total Assets
$710,708
Net Assets
$710,708
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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
2017
Legal Domicile
MD
Principal Officer
VICTOR AKINYEMI
Phone
4436006820
Tax Period
2024-01-01 to 2024-12-31

JOY OVERFLOW INTERNATIONAL MINISTRIES INC, founded in 2017, is a small nonprofit in the Religion sector that reported $896K in total revenue in fiscal year 2024. The organization ran a surplus of $235K, a strong 26% operating margin.

Mission

Mission to empower individuals to commit to their treatments and training to improve their ability

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $162,106
Program Service Revenue $734,257
Investment Income $0
Other Revenue $0
TOTAL REVENUE $896,363

Expense Breakdown

Grants Paid $0
Salaries & Benefits $413,861
Fundraising Expenses $0
Other Expenses $247,578
TOTAL EXPENSES $661,439

Year-over-Year Comparison

2024 2023 Change
Revenue $896,363 $897,325 0.0%
Expenses $661,439 $665,311 0.0%
Net Income $234,924 $232,014 +0.0%
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

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Governance

Voting Members
4
Independent Members
4
Employees
14
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
0
$0
Total Directors
1
$69,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICTOR AKINYEMI RESIDENT AGENT 40
Director
$69,000 $0 $69,000
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 $896,363 $661,439 $710,708 $234,924
2023 $897,325 $665,311 $475,784 $232,014
2022 $720,793 $549,312 $243,770 $171,481
2021 $398,231 $300,897 $72,289 $97,334
2020 $86,412 $109,094 $16,483 $-22,682
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