MARK AMOATENG MINISTRIES NFP

EIN: 475378141 501(c)(3) Religion

Bolingbrook, IL

Total Revenue
$239,750
Total Expenses
$236,275
Total Assets
$220,515
Net Assets
$158,339
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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
2016
Legal Domicile
IL
Principal Officer
Mark Amoateng
Phone
3317016771
Tax Period
2023-07-01 to 2024-06-30

MARK AMOATENG MINISTRIES NFP, founded in 2016, is a small nonprofit in the Religion sector that reported $265K in total revenue in fiscal year 2022. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 46% operating margin.

Mission

Evangelistic outreach to the poor and the needy and to provide training and support for basic needs

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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 (2023)

Revenue Breakdown

Contributions & Grants $239,750
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $239,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,072
Fundraising Expenses $0
Program Expenses $145,954
Other Expenses $186,203
TOTAL EXPENSES $236,275

Year-over-Year Comparison

2023 2022 Change
Revenue $239,750 $265,188 -0.1%
Expenses $236,275 $143,942 +0.6%
Net Income $3,475 $121,246 -1.0%
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
5
Independent Members
5
Employees
1
Volunteers
10

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
3
$12,000
Total Directors
5
$12,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark K Amoateng President 40
Officer Director Highest
$12,000 $0 $12,000
Gabriel Amoateng Boahen Secretary 5
Officer Director
$0 $0 $0
Ernestina E Becksen Treasurer 2
Officer Director
$0 $0 $0
Desmond Appiah Kabi Director 2
Director
$0 $0 $0
Victor Owusu Teng Director 2
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 $239,750 $236,275 $220,515 $3,475
2023 $265,188 $143,942 $218,462 $121,246
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