REACH OUT MINISTRIES INC (EIN 581341839) - 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

1981

Legal Domicile

Principal Officer

LARRY KELLEY

Phone

4049931373

Tax Period

2024-01-01 to 2024-12-31

REACH OUT MINISTRIES INC, founded in 1981, is a small nonprofit in the Religion sector that reported $525K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $676K exceeded revenue, resulting in a 29% operating deficit.

Mission

SPIRITUAL AWAKENING AND TRAINING YOUTH LEADERS.

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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 $511,518

Program Service Revenue $1,126

Investment Income $12,551

Other Revenue $0

TOTAL REVENUE $525,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $293,905

Fundraising Expenses $65,167

Program Expenses $349,406

Other Expenses $381,939

TOTAL EXPENSES $675,844

Year-over-Year Comparison

	2024	2023	Change
Revenue	$525,195	$441,992	+0.2%
Expenses	$675,844	$989,097	-0.3%
Net Income	$-150,649	$-547,105	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY KELLEY	CHAIRMAN	1.00	Director	$0	$0	$0
JOE EDWARDS	VICE CHAIRMA	1.00	Director	$0	$0	$0
KIRK MOTSENBOCKER	SECRETARY/TR	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	$525,195	$675,844	$1,068,137	$-150,649
2023	$441,992	$989,097	$1,275,899	$-547,105
2022	$724,828	$836,215	$1,831,589	$-111,387
2021	$876,076	$723,132	$2,144,061	$152,944
2020	$888,647	$862,099	$1,922,139	$26,548
2019	$1,071,355	$678,294	$1,719,900	$393,061
2018	$728,774	$614,067	$1,238,836	$114,707

REACH OUT MINISTRIES INC