Ministries of The Son of God (EIN 562171523) - 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

1999

Legal Domicile

Phone

3368823449

Tax Period

2024-01-01 to 2024-12-31

Ministries of The Son of God, founded in 1999, is a micro nonprofit in the Religion sector that reported $43K in total revenue in fiscal year 2024. Revenue fell 4156% from the prior year — a significant decline worth monitoring.

Mission

Mission work overseas

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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 $7,930

Program Service Revenue $0

Investment Income $-50,513

Other Revenue $0

TOTAL REVENUE $-42,583

Expense Breakdown

Grants Paid $479

Salaries & Benefits $13,588

Fundraising Expenses $0

Program Expenses $10,089

Other Expenses $10,085

TOTAL EXPENSES $24,152

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-42,583	$1,050	-41.6%
Expenses	$24,152	$57,788	-0.6%
Net Income	$-66,735	$-56,738	+0.2%

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
Donald Palmer	President	0.00	Director	$0	$0	$0
Cindy Palmer	Secretary	1.00	Director	$0	$0	$0
Peggy Alexander	Treasurer	0.00	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	$-42,583	$24,152	$24,584	$-66,735
2023	$1,050	$57,788	$91,319	$-56,738
2022	$119,343	$79,616	$148,057	$39,727
2021	$64,009	$47,899	$108,330	$16,110
2020	$121,637	$66,330	$92,220	$55,307
2019	$78,263	$73,004	$36,913	$5,259
2018	$73,726	$81,300	$31,654	$-7,574

Ministries of The Son of God