IRAV MINISTRY INC

EIN: 475186618 501(c)(3) Religion

Fort Walton Beach, FL

Total Revenue
$147,652
Total Expenses
$127,003
Total Assets
N/A
Net Assets
N/A
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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
2021
Phone
7864878552
Tax Period
2024-01-01 to 2024-12-31

IRAV MINISTRY INC, founded in 2021, is a small nonprofit in the Religion sector that reported $148K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $127K left a modest 14% surplus.

Mission

THE ORGANIZATION IS HELPING THE COMUNITY TO KNOW THE WORD OF GOD

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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 $147,652
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $147,652

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $127,003
TOTAL EXPENSES $127,003

Year-over-Year Comparison

2024 2023 Change
Revenue $147,652 $130,589 +0.1%
Expenses $127,003 $127,933 0.0%
Net Income $20,649 $2,656 +6.8%
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
N/A
Volunteers
4

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OLMAN CARDONA PRESIDENT 50
$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 $147,652 $127,003 No data $20,649
2023 $130,589 $127,933 $620,861 $2,656
2021 $106,865 $88,550 $612,522 $18,315
2020 $126,222 $134,716 No data $-8,494
2019 $61,398 $60,705 $693 $693
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