Medical Solutions Ministry Inc

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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

2006

Legal Domicile

Principal Officer

Jacob Caroatta

Phone

8122621722

Tax Period

2024-01-01 to 2024-12-31

Medical Solutions Ministry Inc, founded in 2006, is a small nonprofit in the Health Care sector that reported $213K in total revenue in fiscal year 2024. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $235K exceeded revenue, resulting in a 10% operating deficit.

Mission

To support domestic and international missions offering spiritual and physical assistance to the general public.

Program Service Accomplishments

Program 1

Expenses: $195,477 Revenue: $195,477

Traveling to locations to provide medical and spiritual assistance to those in need

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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 $17,120

Program Service Revenue $195,477

Investment Income $0

Other Revenue $0

TOTAL REVENUE $212,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $195,477

Other Expenses $234,785

TOTAL EXPENSES $234,785

Year-over-Year Comparison

	2024	2023	Change
Revenue	$212,597	$3,790,480	-0.9%
Expenses	$234,785	$3,292,750	-0.9%
Net Income	$-22,188	$497,730	-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

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
Jacob Caraotta	President	10.00	Director	$0	$0	$0
Celeste Caraotta	Secretary	10.00	Director	$0	$0	$0
Michael J Guevara	Treasurer	1.00	Director	$0	$0	$0
Leah Cross	Vice President	2.00	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	$212,597	$234,785	$5,632,245	$-22,188
2023	$3,790,480	$3,292,750	$5,654,434	$497,730
2022	$176,488	$130,179	$5,156,703	$46,309
2021	$201,972	$471,916	$5,110,394	$-269,944
2020	$208,630	$198,727	$5,380,338	$9,903