CHILDRENS BIBLE MINISTRIES INC VA (EIN 581475928) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

MIKE OWINGS 3 OFFICER

Tax Period

2021-01-01 to 2021-12-31

CHILDRENS BIBLE MINISTRIES INC VA, founded in 1964, is a small nonprofit in the Religion sector that reported $355K in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $395K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE RELEASE TIME CLASSES THAT TEACH THE BIBLE TO STUDENTS IN KINDERGARTEN THROUGH 5TH GRADE AND TO PROVIDE A SUMMER CAMP PROGRAM TO ALSO TEACH THE BIBLE TO STUDENTS IN GRADES 1 - 12.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $363,214

Program Service Revenue $84,185

Investment Income $71

Other Revenue $7,655

TOTAL REVENUE $455,125

Expense Breakdown

Grants Paid $0

Salaries & Benefits $131,840

Fundraising Expenses $0

Program Expenses $72,483

Other Expenses $245,171

TOTAL EXPENSES $377,011

Year-over-Year Comparison

	2021	2020	Change
Revenue	$455,125	$166,198	+1.7%
Expenses	$377,011	$236,140	+0.6%
Net Income	$78,114	$-69,942	-2.1%

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

N/A

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
WILLIAM J WHITE	DIRECTOR	0.50	Director	$0	$0	$0
DALE LAWSON	DIRECTOR	0.50	Director	$0	$0	$0
JERRY TRAISTER	PRESIDENT	5.00	Officer Director	$0	$0	$0
MIKE OWINGS	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
PAUL HARTZELL	TREASURER DIRECTOR	10.00	Officer Director	$0	$0	$0
DAVID A HUTCHESON	SECRETARY	5.00	Officer Director	$0	$0	$0
WENDELL E LAMB	CHAMPLAINDIRECTOR	0.50	Officer 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
2021	$455,125	$377,011	$2,076,841	$78,114
2020	$166,198	$236,140	$1,449,612	$-69,942
2019	$353,275	$382,179	$1,519,205	$-28,904
2018	$355,215	$394,944	$1,550,131	$-39,729

CHILDRENS BIBLE MINISTRIES INC VA