RE-LAUNCH MINISTRIES INC HASTINGS

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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

JOHN HASTINGS

Phone

4707740231

Tax Period

2023-01-01 to 2023-12-31

RE-LAUNCH MINISTRIES INC HASTINGS, founded in 2015, is a small nonprofit in the Religion sector that reported $255K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

TO SUPPORT AND ENCOURAGE LEADERS IN THE CHURCH AND COMMUNITIES WITH THE GOSPEL OF JESUS CHRIST.

Program Service Accomplishments

Program 1

Expenses: $215,767

RE-LAUNCH MINISTRIES, INC. IS A FAITH BASED NONPROFIT CORPORATION DEDICATED TO PROVIDING SPIRITUAL LEADERSHIP, TEACHING, TRAINING AND COACHING TO ENCOURAGE BELIEVERS IN JESUS CHRIST TO FOLLOW HIM...

RE-LAUNCH MINISTRIES, INC. IS A FAITH BASED NONPROFIT CORPORATION DEDICATED TO PROVIDING SPIRITUAL LEADERSHIP, TEACHING, TRAINING AND COACHING TO ENCOURAGE BELIEVERS IN JESUS CHRIST TO FOLLOW HIM WHOLEHEARTEDLY AND TO HELP TURN AROUND CHURCHES AND THEIR COMMUNITIES AND ENABLE THEM TO GO FARTHER FASTER.

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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 $252,993

Program Service Revenue $0

Investment Income $3

Other Revenue $1,894

TOTAL REVENUE $254,890

Expense Breakdown

Grants Paid $80,628

Salaries & Benefits $120,000

Fundraising Expenses $6,357

Program Expenses $215,767

Other Expenses $46,733

TOTAL EXPENSES $247,361

Year-over-Year Comparison

	2023	2022	Change
Revenue	$254,890	$195,766	+0.3%
Expenses	$247,361	$197,174	+0.3%
Net Income	$7,529	$-1,408	-6.3%

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

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

$120,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN HASTINGS	PRESIDENT	40.00	Officer	$94,700	$25,300	$120,000
RODNEY BROWN	DIRECTOR	N/A	Officer	$0	$0	$0
REBECCA L HASTINGS	DIRECTOR	N/A	Officer	$0	$0	$0
JOHN TOWNLEY JOHNSON	DIRECTOR	N/A	Officer	$0	$0	$0
DAVE POPE	SECRETARY	N/A	Officer	$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	$254,890	$247,361	$119,878	$7,529
2021	$214,394	$177,753	$113,751	$36,641