TIME FOR EQUALITY IN ADVENTIST MINISTRY

EIN: 521757635 501(c)(3) Religion

Langley Park, MD

Total Revenue
$366,846
Total Expenses
$130,114
Total Assets
$349,902
Net Assets
$349,902
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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
1993
Legal Domicile
MD
Principal Officer
Charlotte Conway
Phone
3015125834
Tax Period
2021-01-01 to 2021-12-31

TIME FOR EQUALITY IN ADVENTIST MINISTRY, founded in 1993, is a small nonprofit in the Religion sector that reported $367K in total revenue in fiscal year 2021. Revenue surged 272% from the prior year, signaling strong growth momentum. The organization ran a surplus of $237K, a strong 65% operating margin.

Mission

To provide scholarships for prospective Adventist women clergy.

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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 (2021)

Revenue Breakdown

Contributions & Grants $366,809
Program Service Revenue $0
Investment Income $4
Other Revenue $33
TOTAL REVENUE $366,846

Expense Breakdown

Grants Paid $98,290
Salaries & Benefits $22,463
Fundraising Expenses $0
Program Expenses $102,579
Other Expenses $9,361
TOTAL EXPENSES $130,114

Year-over-Year Comparison

2021 2020 Change
Revenue $366,846 $98,590 +2.7%
Expenses $130,114 $108,054 +0.2%
Net Income $236,732 $-9,464 -26.0%
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
16
Independent Members
16
Employees
N/A
Volunteers
11

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
5
$22,200
Total Directors
16
$22,200
Key Employees
4
$22,200
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy Lamoreaux Executive Director 20
Officer Director Key Emp Highest
$15,000 $0 $15,000
Beverly Habada Director of Development 10
Officer Director Key Emp
$7,200 $0 $7,200
Charlotte Conway Treasurer 10
Officer Director Key Emp
$0 $0 $0
Kay Rosburg Co-Treasurer 2
Officer Director Key Emp
$0 $0 $0
Geri Ann Fuller Campbell Board Member 2
Director
$0 $0 $0
Sharon Conway Secretary 3
Officer Director
$0 $0 $0
Olive Hemmings Board Member 2
Director
$0 $0 $0
Selma Chaij Mastrapa Board Member 4
Director
$0 $0 $0
Martha Monsalve Board Member 4
Director
$0 $0 $0
Dona Sandefur Board Member 1
Director
$0 $0 $0
Beverly Rumble Board Member 1
Director
$0 $0 $0
Troy Campbell Board Member 1
Director
$0 $0 $0
Jean Arthur Board Member 1
Director
$0 $0 $0
Jeanette Bryson Board Member 1
Director
$0 $0 $0
Brenda Billingy Board Member 1
Director
$0 $0 $0
Rosangela Reyes Board Member 3
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
2021 $366,846 $130,114 $349,902 $236,732
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