BIBLE STUDIES INC DBA MARKET LIFE MINISTRIES & JUST FOR WOMEN MINISTRIES (EIN 570698866) - 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

1980

Legal Domicile

Principal Officer

BRAD BIRD

Phone

8433989981

Tax Period

2024-01-01 to 2024-12-31

BIBLE STUDIES INC DBA MARKET LIFE MINISTRIES & JUST FOR WOMEN MINISTRIES, founded in 1980, is a small nonprofit that reported $197K in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $552K exceeded revenue, resulting in a 180% operating deficit.

Mission

SPREADING OF THE GOSPEL OF JESUS CHRIST AND ENCOURAGEMENT TO LEAD A CHRISTIAN LIFE MODELING AFTER OUR LORD AND SAVIOR JESUS CHRIST THROUGH VARIOUS BIBLE STUDY MEDIUMS.

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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 $197,111

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $197,111

Expense Breakdown

Grants Paid $255,007

Salaries & Benefits $135,441

Fundraising Expenses $0

Program Expenses $549,424

Other Expenses $161,666

TOTAL EXPENSES $552,114

Year-over-Year Comparison

	2024	2023	Change
Revenue	$197,111	$1,489,185	-0.9%
Expenses	$552,114	$1,575,974	-0.6%
Net Income	$-355,003	$-86,789	+3.1%

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

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

$110,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG SISSON	BOARD CHAIRMAN	5.00	Officer Director	$0	$0	$0
SEAN VEREEN	TREASURER	5.00	Officer Director	$0	$0	$0
GREG SISSON	SECRETARY	1.00	Officer Director	$0	$0	$0
WICK JACKSON	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JASON SHROFF	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
BRAD BIRD	EXECUTIVE DIRECTOR	40.00	Director	$110,400	$0	$110,400

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	$197,111	$552,114	$915,716	$-355,003
2023	$1,489,185	$1,575,974	$1,155,699	$-86,789
2022	$1,378,537	$1,304,352	$1,239,468	$74,185
2021	$1,170,189	$991,585	$1,171,953	$178,604
2020	$574,008	$652,068	$1,012,953	$-78,060
2019	$492,639	$424,220	$1,031,675	$68,419
2018	$397,688	$426,460	$992,510	$-28,772

BIBLE STUDIES INC DBA MARKET LIFE MINISTRIES & JUST FOR WOMEN MINISTRIES