FIRE MINISTRIES INC (EIN 581922289) - 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

1993

Legal Domicile

Principal Officer

H ALAN MUSHEGAN

Phone

4238924882

Tax Period

2024-01-01 to 2024-12-31

FIRE MINISTRIES INC, founded in 1993, is a micro nonprofit that reported $43K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Net assets of $173K represent 48 months of operating reserves.

Mission

TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGH PREACHING, TEACHING AND EVANGELIZING.

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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 $38,208

Program Service Revenue $0

Investment Income $5,263

Other Revenue $0

TOTAL REVENUE $43,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,982

Other Expenses $46,008

TOTAL EXPENSES $46,008

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,471	$35,067	+0.2%
Expenses	$46,008	$60,143	-0.2%
Net Income	$-2,537	$-25,076	-0.9%

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

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
H ALAN MUSHEGAN	PRESIDENT	20.00	Officer Director	$0	$0	$0
Harry Alan Mushegan	TREASURER	20.00	Officer Director	$0	$0	$0
KATHY CRONIN	SECRETARY	10.00	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
2024	$43,471	$46,008	$176,919	$-2,537
2023	$35,067	$60,143	$179,803	$-25,076
2022	$161,792	$69,066	$203,817	$92,726
2021	$66,676	$77,205	$108,700	$-10,529
2020	$51,228	$47,156	$125,411	$4,072
2019	$78,254	$75,688	$121,339	$2,566

FIRE MINISTRIES INC