MINISTRY OUTREACH FOUNDATION (EIN 562378045) - 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

2003

Legal Domicile

Principal Officer

RICHARD HAMLET

Phone

9016845556

Tax Period

2024-01-01 to 2024-12-31

MINISTRY OUTREACH FOUNDATION, founded in 2003, is a micro nonprofit in the Religion sector that reported $4K in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring.

Mission

TO BRING TOGETHER AND STRENGTHEN THE EFFORTS OF INDIVIDUALS AND CHURCHES TO REACH THE WORLD WITH THE GOSPEL OF JESUS CHRIST AND TO MINISTER 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 $161,711

Program Service Revenue $56,615

Investment Income $-222,550

Other Revenue $0

TOTAL REVENUE $-4,224

Expense Breakdown

Grants Paid $3,260,849

Salaries & Benefits $463,339

Fundraising Expenses $0

Program Expenses $4,176,128

Other Expenses $618,488

TOTAL EXPENSES $4,342,676

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-4,224	$1,132,458	-1.0%
Expenses	$4,342,676	$12,869,723	-0.7%
Net Income	$-4,346,900	$-11,737,265	-0.6%

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

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

$206,725

Total Directors

$154,121

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD HAMLET	PRESIDENT & CHAIRMAN	40.00	Officer Director	$15,469	$83,318	$98,787
PHILIP ROBERTS	DIRECTOR	25.00	Director	$0	$18,667	$18,667
GINGER HAMLET	DIRECTOR	40.00	Director	$36,667	$0	$36,667
THOMAS STOVALL	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE METCALF	SECRETARY	40.00	Officer	$31,250	$0	$31,250
SHONNA BURFIELD	TREASURER	40.00	Officer	$76,688	$0	$76,688

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	$-4,224	$4,342,676	$911,927	$-4,346,900
2023	$1,132,458	$12,869,723	$5,236,787	$-11,737,265
2022	$4,627,834	$10,120,000	$15,784,287	$-5,492,166
2021	$5,793,917	$3,646,408	$20,808,133	$2,147,509
2020	$4,890,889	$3,367,648	$17,392,885	$1,523,241
2019	$2,933,405	$3,202,770	$17,643,642	$-269,365
2018	$11,012,269	$3,311,268	$18,138,678	$7,701,001

MINISTRY OUTREACH FOUNDATION