FORGIVEN MINISTRY INC (EIN 562225945) - 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

2000

Legal Domicile

Principal Officer

SCOTTIE BARNES

Phone

8286326424

Tax Period

2023-01-01 to 2023-12-31

FORGIVEN MINISTRY INC, founded in 2000, is a small nonprofit in the Religion sector that reported $327K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $419K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO MEET THE SPIRITUAL AND PHYSICAL NEEDS OF OFFENDERS, EX-OFFENDERS AND THEIR FAMILIES RESULTING IN FORGIVENESS, HEALING AND RESTORED RELATIONSHIPS

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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 $327,042

Program Service Revenue $0

Investment Income $42

Other Revenue $0

TOTAL REVENUE $327,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,302

Fundraising Expenses $0

Program Expenses $393,515

Other Expenses $239,940

TOTAL EXPENSES $419,242

Year-over-Year Comparison

	2023	2022	Change
Revenue	$327,084	$281,821	+0.2%
Expenses	$419,242	$356,973	+0.2%
Net Income	$-92,158	$-75,152	+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

Employees

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

$43,445

Total Directors

$43,445

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK BARNES	PRESIDENT	020.00	Officer Director	$22,645	$0	$22,645
SCOTTIE BARNES	VICE PRESIDENT	020.00	Officer Director	$20,800	$0	$20,800
MARY ANN WINCHELL	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT HENDREN	DIRECTOR	N/A	Director	$0	$0	$0
BARBARA FRYE	DIRECTOR	N/A	Director	$0	$0	$0
THOM BLACK	DIRECTOR	N/A	Director	$0	$0	$0
JEROME BYERS	DIRECTOR	N/A	Director	$0	$0	$0
RENTZ JOHNSON	TREASURER	N/A	Director	$0	$0	$0
DONNIE ROGERS	CHAIRMAN	N/A	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	$327,084	$419,242	$708,570	$-92,158
2022	$281,821	$356,973	$656,676	$-75,152
2021	$216,737	$227,511	$741,464	$-10,774
2021	$214,040	$271,435	$679,132	$-57,395
2020	$213,893	$244,103	$601,725	$-30,210
2019	$513,141	$454,386	$478,230	$58,755
2018	$463,477	$463,732	$524,684	$-255

FORGIVEN MINISTRY INC