LIVING NEW MINISTRIES INTERNATIONAL

EIN: 562664222 501(c)(3) Religion

JACKSONVILLE, FL

Total Revenue
$271,951
Total Expenses
$255,514
Total Assets
$335,011
Net Assets
$335,011
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
FL
Principal Officer
WAYNE A YOUNG
Phone
9047866879
Tax Period
2024-01-01 to 2024-12-31

LIVING NEW MINISTRIES INTERNATIONAL, founded in 2007, is a small nonprofit in the Religion sector that reported $272K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $256K left a modest 6% surplus.

Mission

Providing spiritual and fiscal support to our missionaries both domestic and overseas.

Program Service Accomplishments

Program 1
Expenses: $220,205 Revenue: $269,692

Providing spiritual and fiscal support thru monetary assistance, conferences and traing for missionarires affiliated with Living New Ministries.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,259
Program Service Revenue $269,692
Investment Income $0
Other Revenue $0
TOTAL REVENUE $271,951

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,452
Fundraising Expenses $0
Program Expenses $220,205
Other Expenses $71,557
TOTAL EXPENSES $255,514

Year-over-Year Comparison

2024 2023 Change
Revenue $271,951 $346,608 -0.2%
Expenses $255,514 $370,584 -0.3%
Net Income $16,437 $-23,976 -1.7%
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

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Governance

Voting Members
6
Independent Members
5
Employees
3
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
3
$6,500
Total Directors
5
$6,500
Key Employees
1
$6,500
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JARED WAYNE YOUNG DIRECTOR 1
Director
$0 $0 $0
WAYNE A YOUNG PRESIDENT 15
Officer Director Key Emp Highest
$6,500 $0 $6,500
JAMES D ADKINS VICE PRESIDENT 1
Officer Director
$0 $0 $0
KEVIN W JOHNS SECRETARY 1
Officer
$0 $0 $0
MARY C YOUNG DIRECTOR 1
Director
$0 $0 $0
SIDNEY R SMITH DIRECTOR 1
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 $271,951 $255,514 $335,011 $16,437
2023 $346,608 $370,584 $323,353 $-23,976
2022 $276,455 $412,343 $347,784 $-135,888
2021 $339,840 $278,818 $432,277 $61,022
2020 $290,396 $340,824 $376,321 $-50,428
2019 $365,811 $307,926 $427,232 $57,885
2018 $399,736 $282,056 $365,386 $117,680
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