SEVEN SEEDS MINISTRY CHURCH INC (EIN 542041986) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

DR LINDA GILCHRISTCANADIATE

Phone

7038981872

Tax Period

2024-01-01 to 2024-12-31

SEVEN SEEDS MINISTRY CHURCH INC, founded in 2001, is a micro nonprofit in the Religion sector that reported $10K in total revenue in fiscal year 2018. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $10K left a modest 6% surplus.

Mission

TEACHING AND PREACHING RELIGIOUS AND SPIRITUAL INSTRUCTIONS, INTRODUCING A LOST WORLD TO THE GOSPEL OF JESUS CHRIST THRU HIS HOLY WORD THE LIVING BIBLE. HIS DEATH,BURIAL AND RESURRECTION. REACHING THE LOST THRU MEDIA,REVIVALS,BIBLE STUDIES OTHER EVANGELISTIC EFFORTs.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,747

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $14,747

Expense Breakdown

Grants Paid $0

Salaries & Benefits $200

Fundraising Expenses $0

Other Expenses $14,442

TOTAL EXPENSES $14,642

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,747	$20,672	-0.3%
Expenses	$14,642	$49,153	-0.7%
Net Income	$105	$-28,481	-1.0%

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

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
DR LINDA GILCHRIST-CANADIATE	Pastor	25.00	Officer Highest	$0	$0	$0
MIN CHATON CANADIATE	ORDAINED Min of Music	15.00	Officer	$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	$14,747	$14,642	$2,323	$105
2023	$20,672	$49,153	$1,726	$-28,481
2022	$26,865	$20,478	$27,805	$6,387
2021	$20,532	$23,895	$20,418	$-3,363
2020	$34,343	$18,981	$21,633	$15,362
2019	$12,972	$8,827	$4,145	$4,145
2018	$10,398	$9,787	$608	$611

SEVEN SEEDS MINISTRY CHURCH INC