FISHERS OF MEN MINISTRIES INC

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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

CHRISTOPHER A ODOM

Phone

8039053459

Tax Period

2023-01-01 to 2023-12-31

FISHERS OF MEN MINISTRIES INC, founded in 2000, is a community nonprofit in the Religion sector that reported $2.3M in total revenue in fiscal year 2023.

Mission

PROCLAIM THE CHRISTIAN GOSPEL AND TEACH AND AFFIRM FUNDAMENTAL CHRISTIAN VALUES AND PRINCIPLES TO INDIVIDUALS AND THEIR FAMILIES IN BOTH TRADITIONAL AND NONTRADITIONAL RELIGIOUS SETTINGS.

Program Service Accomplishments

Program 1

Expenses: $2,303,192 Revenue: $1,904,034

THE ORGANIZATION HOSTS FISHING TOURNAMENTS WHICH SERVE TO ATTRACT PARTICIPANTS TO PRE AND POST TOURNAMENT EVANGELISTIC MEETINGS WHERE THE GOSPEL OF JESUS CHRIST IS SHARED IN SONG, TESTIMONY AND...

THE ORGANIZATION HOSTS FISHING TOURNAMENTS WHICH SERVE TO ATTRACT PARTICIPANTS TO PRE AND POST TOURNAMENT EVANGELISTIC MEETINGS WHERE THE GOSPEL OF JESUS CHRIST IS SHARED IN SONG, TESTIMONY AND MESSAGE. THESE MEETINGS ARE HELD THE FRIDAY NIGHT PRIOR TO EACH TOURNAMENT. THE NATIONAL AND STATE DIRECTORS ALSO SPEAK AND SHARE THEIR FAITH IN CHURCH SERVICES, MENS FELLOWSHIP AND MISSION CONFERENCES AS THE OPPORTUNITIES ARISE.

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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 $555,640

Program Service Revenue $1,406,290

Investment Income $13,738

Other Revenue $336,040

TOTAL REVENUE $2,311,708

Expense Breakdown

Grants Paid $83,755

Salaries & Benefits $284,692

Fundraising Expenses $3,644

Program Expenses $2,303,192

Other Expenses $1,976,648

TOTAL EXPENSES $2,345,095

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,311,708	$2,340,821	0.0%
Expenses	$2,345,095	$2,318,443	+0.0%
Net Income	$-33,387	$22,378	-2.5%

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

$205,896

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER A ODOM	CHIEF EXECUTIVE OFFICER	040.00	Officer Highest	$129,396	$0	$129,396
BOBBY EADS	SR VICE PRESIDENT	040.00	Officer	$76,500	$0	$76,500
REV RONALD O RICHARDSON	SECRETARY/BOARD MEM	005.00	Director	$0	$0	$0
BOBBY JACKSON	BOARD MEMBER	005.00	Director	$0	$0	$0
CHRIS HAWKINS	BOARD MEMBER	005.00	Director	$0	$0	$0
ROGER SPIRES	BOARD MEMBER	005.00	Director	$0	$0	$0
BEN WALDON JR	BOARD MEMBER	005.00	Director	$0	$0	$0
JOHN SNINCAK	CFO/CIO	007.00	Officer	$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	$2,311,708	$2,345,095	$517,788	$-33,387
2022	$2,340,821	$2,318,443	$603,332	$22,378
2021	$2,440,000	$2,306,941	$451,566	$133,059
2020	$1,827,435	$1,758,610	$400,522	$68,825
2019	$2,028,697	$1,943,759	$343,956	$84,938
2018	$1,709,143	$1,570,316	$313,038	$138,827