Family Education Resource Ministries (EIN 562190439) - 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

Principal Officer

Bob Daniel

Phone

7042340292

Tax Period

2024-01-01 to 2024-12-31

Family Education Resource Ministries, founded in 1999, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $367K, a strong 21% operating margin.

Mission

Assist families with Christian education, training and resources.

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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 $21,923

Program Service Revenue $1,676,672

Investment Income $2,225

Other Revenue $26,450

TOTAL REVENUE $1,727,270

Expense Breakdown

Grants Paid $0

Salaries & Benefits $816,441

Fundraising Expenses $608

Program Expenses $1,203,241

Other Expenses $543,527

TOTAL EXPENSES $1,359,968

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,727,270	$1,326,009	+0.3%
Expenses	$1,359,968	$1,313,677	+0.0%
Net Income	$367,302	$12,332	+28.8%

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

$62,106

Total Directors

$62,106

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bob Daniel	Chairman/Pres.	30.00	Officer Director	$62,106	$0	$62,106
Sue Daniel	Vice President	30.00	Officer Director	$0	$0	$0
James Taylor	Sec./ Treasurer	1.00	Officer Director	$0	$0	$0
Jeanne Corwin	Board Member	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	$1,727,270	$1,359,968	$2,560,657	$367,302
2023	$1,326,009	$1,313,677	$2,695,666	$12,332
2022	$1,336,298	$1,255,973	$2,745,560	$80,325
2021	$1,423,509	$1,255,659	$2,747,233	$167,850
2020	$1,325,125	$1,315,299	$2,656,939	$9,826
2019	$1,465,144	$1,495,374	$2,770,647	$-30,230

Family Education Resource Ministries