THERE IS MORE MINISTRIES INC (EIN 581268091) - 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

1984

Legal Domicile

Phone

8288846350

Tax Period

2022-09-01 to 2023-08-31

THERE IS MORE MINISTRIES INC, founded in 1984, is a small nonprofit that reported $359K in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. Net assets of $872K represent 29 months of operating reserves.

Mission

PRAYER GROUPS, RETREATS, SEMINARS AND YOUTH CAMPS

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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 (2022)

Revenue Breakdown

Contributions & Grants $358,586

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $358,589

Expense Breakdown

Grants Paid $36,346

Salaries & Benefits $72,700

Fundraising Expenses $0

Program Expenses $383,711

Other Expenses $274,665

TOTAL EXPENSES $383,711

Year-over-Year Comparison

	2022	2021	Change
Revenue	$358,589	$459,734	-0.2%
Expenses	$383,711	$378,476	+0.0%
Net Income	$-25,122	$81,258	-1.3%

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

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

$45,749

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHY PALMER	PRESIDENT	1.00	Officer Director	$0	$0	$0
MILEY ADAMS	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
MILES ADAMS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
CATHERINE TOAL	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HUGHES	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS BANKS	DIRECTOR	1.00	Director	$0	$0	$0
LARRY LONG	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN MACDONALD	ADMINISTRATOR	1.00	Director	$45,749	$0	$45,749
STACY OVERBAY	DIRECTOR	1.00	Director	$0	$0	$0
BETH COLLOP	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
SAM TURK	DIRECTOR	1.00	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	$358,589	$383,711	$879,966	$-25,122
2022	$459,734	$378,476	$940,954	$81,258
2021	$321,046	$359,149	$916,330	$-38,103
2020	$256,477	$255,357	$953,248	$1,120

THERE IS MORE MINISTRIES INC