INTERNATIONAL ASSOCIATION OF MINIS… - Form 990 Financial Data

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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

1981

Legal Domicile

Principal Officer

SOPHRONIA McCLENDON

Phone

9124414128

Tax Period

2023-07-01 to 2024-06-30

INTERNATIONAL ASSOCIATION OF MINISTERS' WIVES AND MINISTERS' WIDOWS INC, founded in 1981, is a small nonprofit in the Religion sector that reported $519K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $621K exceeded revenue, resulting in a 20% operating deficit.

Mission

The mission of the International Association of Ministers Wives Ministers Widows is to provide opportunities for its members to communicate with each other, and assemble for educational and support purposes through meetings and conferences to undertake charitable and service projects in their respective communities and to provide assistance wherever and however needed.

Program Service Accomplishments

Program 1

Expenses: $358,040

REGIONAL AND ANNUAL CONFERENCES

Program 2

Expenses: $89,400

FOUNDERS DAY

Program 3

Expenses: $26,800

OTHER PROGRAM EXPENSES

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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 $518,811

Program Service Revenue $0

Investment Income $10

Other Revenue $0

TOTAL REVENUE $518,821

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $474,240

Other Expenses $620,962

TOTAL EXPENSES $620,962

Year-over-Year Comparison

	2023	2022	Change
Revenue	$518,821	$458,798	+0.1%
Expenses	$620,962	$382,059	+0.6%
Net Income	$-102,141	$76,739	-2.3%

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

N/A

Employees

N/A

Volunteers

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Margaret Brown Payton	International President	030.00	Officer Director Key Emp	$0	$0	$0
Andrea Logan	V.P.	005.00	Officer Director	$0	$0	$0
Jannetta McIntyre	V.P.	005.00	Officer Director	$0	$0	$0
Dr Sherry Collie	V.P.	005.00	Officer Director	$0	$0	$0
Constance Burnside	V.P.	005.00	Officer Director	$0	$0	$0
Traci Allen	V.P.	005.00	Officer Director	$0	$0	$0
Regina Shaw	V.P.	005.00	Officer Director	$0	$0	$0
Kathy Taylor	Asst. Recording Secretary	005.00	Officer Director	$0	$0	$0
Eunice Shinn	Corresponding Secretary	005.00	Officer Director	$0	$0	$0
Pamela Barksdale	Recording Secretary	005.00	Officer Director	$0	$0	$0
Willetta Graham	Asst Corresponding Secretary	005.00	Officer Director	$0	$0	$0
Loretta H Dennis	Financial Secretary	005.00	Officer Director	$0	$0	$0
Beverly Dillard	Finance Chair	005.00	Officer Director	$0	$0	$0
Sophronia McClendon	Treasurer	005.00	Officer Director	$0	$0	$0
Rosey Houston	Assistant Treasurer	005.00	Officer Director	$0	$0	$0
Patricia A Wormley	Assistant Financial Secretary	005.00	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
2025	No data	No data	No data	No data
2024	$518,821	$620,962	$195,173	$-102,141
2023	$458,798	$382,059	$305,890	$76,739
2018	$364,428	$271,173	$444,174	$93,255

INTERNATIONAL ASSOCIATION OF MINISTERS' WIVES AND MINISTERS' WIDOWS INC