BONDI MINISTRIES

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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

1997

Legal Domicile

Principal Officer

MIKE BONDI

Phone

9494930282

Tax Period

2023-01-01 to 2023-12-31

BONDI MINISTRIES, founded in 1997, is a micro nonprofit in the Religion sector that reported $98K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. Net assets of $700K represent 86 months of operating reserves.

Mission

TO DIRECT PEOPLE TO GOD IN A WAY THAT INSPIRES AND EXHORTS ALL TO PERSEVERE IN A LIFE-LONG, PERSONAL JOURNEY OF FAITH.

Program Service Accomplishments

Program 1

Expenses: $79,134

BONDI MINISTRIES IS INTENT ON CHRISTIAN EVANGELIZATION WITH THE GOAL OF REACHING AND MINSTERING TO CHRISTIANS AND NON-CHRISTIANS ALIKE. THE MINISTRY MAKES PUBLIC AND PRIVATE PRESENTATIONS THAT SEEK TO BRING ADULTS, TEENS AND CHILDREN; THE ILL OR DISABLED; AND THE UNEMPLOYED OR THOSE EXPERIENCING FINANCIAL HARDSHIP INTO A MORE PERSONAL UNDERSTANDING AND ACCEPTANCE OF JESUS CHRIST AS THEIR PERSONAL SAVIOR. THE MINISTRY SEEKS TO GIVE HOPE, ENCOURAGEMENT, SUPPORT, TANGIBLE ADVICE AND PRACTICAL ASSISTANCE TO ALL.

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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 $65,671

Program Service Revenue $0

Investment Income $23,856

Other Revenue $8,678

TOTAL REVENUE $98,205

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,536

Fundraising Expenses $4,770

Program Expenses $79,134

Other Expenses $85,455

TOTAL EXPENSES $102,991

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,205	$52,289	+0.9%
Expenses	$102,991	$108,660	-0.1%
Net Income	$-4,786	$-56,371	-0.9%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BONDI	PRESIDENT	1.00	Officer Director	$0	$0	$0
RENEE BONDI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT MCOWEN	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL ST PIERRE	TREASURER	1.00	Officer Director	$0	$0	$0
CARYOLYN MCOWEN	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS DEVEREUX	DIRECTOR	1.00	Director	$0	$0	$0
DICK RIDDLE	DIRECTOR	1.00	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	$98,205	$102,991	$833,871	$-4,786
2022	$52,289	$108,660	$796,255	$-56,371
2021	$132,969	$117,959	$792,372	$15,010
2020	$102,975	$104,793	$727,012	$-1,818
2019	$217,623	$105,341	$664,632	$112,282
2018	$177,062	$120,330	$540,275	$56,732