Agape Impact Ministries Inc (EIN 475519265) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Keith McDougal

Phone

9407843919

Tax Period

2023-01-01 to 2023-12-31

Agape Impact Ministries Inc, founded in 2015, is a small nonprofit in the Religion sector that reported $385K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $716K exceeded revenue, resulting in a 86% operating deficit.

Mission

The organization provides shelter and care for orphaned children in the Philippines that were orphaned, abandoned, abused or neglected.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $385,088

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $385,088

Expense Breakdown

Grants Paid $347,748

Salaries & Benefits $178,012

Fundraising Expenses $0

Program Expenses $669,202

Other Expenses $190,525

TOTAL EXPENSES $716,285

Year-over-Year Comparison

	2023	2022	Change
Revenue	$385,088	$543,816	-0.3%
Expenses	$716,285	$442,465	+0.6%
Net Income	$-331,197	$101,351	-4.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$18,210

Total Directors

$18,210

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Keith McDougal	President / Executive Director	060.00	Officer Director	$18,210	$0	$18,210
Tri Phenix	Secretary	005.00	Officer Director	$0	$0	$0
Todd Hardeman	Director	001.00	Director	$0	$0	$0
Robin Hardeman	Director	001.00	Director	$0	$0	$0
Ethan Luman	Treasurer	001.00	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
2023	$385,088	$716,285	$120,942	$-331,197
2022	$543,816	$442,465	$452,139	$101,351
2021	$524,727	$420,367	$350,788	$104,360

Agape Impact Ministries Inc