Midland Ministries Inc (EIN 481069877) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

WALT L BROWN

Phone

6609730564

Tax Period

2023-01-01 to 2023-12-31

Midland Ministries Inc, founded in 1977, is a small nonprofit in the Religion sector that reported $560K in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $503K left a modest 10% surplus.

Mission

Youth Christian Ministry

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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 $353,997

Program Service Revenue $81,206

Investment Income $123,359

Other Revenue $1,444

TOTAL REVENUE $560,006

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,924

Fundraising Expenses $0

Program Expenses $251,557

Other Expenses $355,288

TOTAL EXPENSES $503,212

Year-over-Year Comparison

	2023	2022	Change
Revenue	$560,006	$1,354,677	-0.6%
Expenses	$503,212	$1,785,360	-0.7%
Net Income	$56,794	$-430,683	-1.1%

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

Total Directors

$10,644

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGG OSWALD	Treasurer	0.500	Officer Director	$0	$0	$0
BRAD WEEKS	Chaplain	N/A	Director	$0	$0	$0
LANCE DUNCAN	Board Member	N/A	Director	$0	$0	$0
BRIAN E TALLY	Board MemberChairman	0.500	Officer Director	$0	$0	$0
WALT BROWN	Executive Director	40.00	Director	$10,644	$0	$10,644
STEVE SOUTHARD	Director	N/A	Director	$0	$0	$0
RANDY MILLAR	Director	N/A	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	No data	No data	No data	No data
2023	$560,006	$503,212	$465,642	$56,794
2022	$1,354,677	$1,785,360	$408,848	$-430,683
2021	$1,428,155	$1,300,936	$839,531	$127,219
2020	$1,995,864	$1,205,968	$712,312	$789,896
2019	$1,999,882	$1,381,351	$679,535	$618,531

Midland Ministries Inc