KINGDOM FELLOWSHIP COVENANT MINISTRIES INC (EIN 522030029) - 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

1993

Legal Domicile

Principal Officer

CURTIS BROWN

Phone

4103773500

Tax Period

2024-01-01 to 2024-12-31

KINGDOM FELLOWSHIP COVENANT MINISTRIES INC, founded in 1993, is a small nonprofit in the Religion sector that reported $231K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $285K exceeded revenue, resulting in a 23% operating deficit.

Mission

KFCM FUNCTIONS AS AN OUTREACH AND ASSISTANCE FOR MINISTRIES AND CHURCHES IN THE TRAINING OF CLERGY. ACTIVITIES INCLUDE GLOBAL MISSIONS WORK IN SOUTH AFRICA, NIGERIA, KENYA, AND MEXICO

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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 (2024)

Revenue Breakdown

Contributions & Grants $34,754

Program Service Revenue $196,654

Investment Income $0

Other Revenue $0

TOTAL REVENUE $231,408

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $250,514

Other Expenses $285,404

TOTAL EXPENSES $285,404

Year-over-Year Comparison

	2024	2023	Change
Revenue	$231,408	$329,069	-0.3%
Expenses	$285,404	$420,836	-0.3%
Net Income	$-53,996	$-91,767	-0.4%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RALPH L DENNIS	PRESIDENT	2.50	Officer Director	$0	$0	$0
GREGORY DENNIS	VICE PRESIDENT	2.50	Officer Director	$0	$0	$0
CURTIS M BROWN	TREASURER	2.50	Officer Director	$0	$0	$0
DEBORAH S DENNIS	SECRETARY	2.50	Officer Director	$0	$0	$0
ROBERTA THOMAS	DIRECTOR	2.50	Director	$0	$0	$0
DANIEL CUNNINGHAM	DIRECTOR	2.50	Director	$0	$0	$0
ALAN G PORTER	DIRECTOR	2.50	Director	$0	$0	$0
H EUGENE BELLINGER	DIRECTOR	2.50	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	$231,408	$285,404	$7,235	$-53,996
2023	$329,069	$420,836	$18,285	$-91,767
2022	$173,642	$234,515	$233,760	$-60,873
2021	$51,241	$88,409	$124,599	$-37,168
2020	$137,567	$139,193	$86,726	$-1,626
2019	$220,452	$219,375	$12,645	$1,077
2018	$199,059	$186,914	$3,897	$12,145

KINGDOM FELLOWSHIP COVENANT MINISTRIES INC