ALABASTER PROJECT MINISTRIES INC

EIN: 582474903 501(c)(3) Religion

CASSVILLE, GA

Total Revenue
$147,356
Total Expenses
$134,568
Total Assets
$510,029
Net Assets
$509,252
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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
GA
Principal Officer
KING HAMMOND
Phone
7705959161
Tax Period
2024-01-01 to 2024-12-31

ALABASTER PROJECT MINISTRIES INC, founded in 2000, is a small nonprofit in the Religion sector that reported $147K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $135K left a modest 9% surplus.

Mission

ALABASTER EXISTS TO FULFILL THE GREAT COMMISSION OF JESUS CHRIST, FOUND IN MATTHEW 25: 18-20, BY TAKING THE GOOD NEWS OF JESUS CHRIST TO THOSE WHO HAVE NEVER HEARD ANDPROVIDING ACTS AND WORKS OF COMPASSION WITH CHURCHES AND SUPPORTERS TO BUILD BIBLE AND MINISTRY CENTERS, VOCATIONAL SCHOOLS AND CHURCHES. THE MINISTRY PROVIDES TRAINING FOR VILLAGE PASTORS, PROVIDES DENTAL AND EYE CLINICS, AND TEACHES FARMING AND AGRICULTURE, ALL IN THE CONTEXT OF DISCIPLESHIP AND FELLOWSHIP WITH THE PEOPLE OF NORTHERN GHANA, WEST AFRICA AND MALI, NORTH AFRICA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $147,284
Program Service Revenue $0
Investment Income $72
Other Revenue $0
TOTAL REVENUE $147,356

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $134,568
Other Expenses $134,568
TOTAL EXPENSES $134,568

Year-over-Year Comparison

2024 2023 Change
Revenue $147,356 $117,832 +0.3%
Expenses $134,568 $180,298 -0.3%
Net Income $12,788 $-62,466 -1.2%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILLIP ALLEN CHAIRMAN 1.00
Officer Director
$0 $0 $0
KING HAMMOND PRESIDENT 40.00
Officer Director
$0 $0 $0
MARGARET ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
PRISCILLA HAMMOND BOARD MEMBER 40.00
Director
$0 $0 $0
KENT HAWKINS BOARD MEMBER 0.25
Director
$0 $0 $0
RENAY HAWKINS BOARD MEMBER 0.25
Director
$0 $0 $0
SHELLEE CHASE SECRETARY 2.00
Officer Director
$0 $0 $0
MARK CHASE BOARD MEMBER 2.00
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 $147,356 $134,568 $510,029 $12,788
2023 $117,832 $160,129 $496,827 $-42,297
2022 $147,717 $180,298 $538,761 $-32,581
2021 $180,950 $212,506 $571,437 $-31,556
2020 $103,465 $84,380 $602,987 $19,085
2019 $221,825 $102,908 $583,902 $118,917
2018 $111,051 $129,354 $464,985 $-18,303
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