LOVING HANDS MINISTRIES INC

EIN: 592573982 501(c)(3)

BRADENTON, FL

Total Revenue
$1,655,725
Total Expenses
$1,737,335
Total Assets
$3,471,526
Net Assets
$1,348,798
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
FL
Principal Officer
Kimberly F Wilson-Dodson
Phone
9417210280
Tax Period
2024-01-01 to 2024-12-31

LOVING HANDS MINISTRIES INC, founded in 1984, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

Our mission is to obey the great commission of Jesus Christ by going into all the world to make disciples. We strive to accomplish this mission primarily through residential education discipleship centers focused on men with life controlling problems. Men reached through our services return to general society prepared to be productive citizens. We also utilize domestic and international outreaches or support to accomplish our mission.

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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 $1,290,109
Program Service Revenue $257,687
Investment Income $8,514
Other Revenue $99,415
TOTAL REVENUE $1,655,725

Expense Breakdown

Grants Paid $27,533
Salaries & Benefits $669,745
Fundraising Expenses $85,486
Program Expenses $1,395,373
Other Expenses $1,040,057
TOTAL EXPENSES $1,737,335

Year-over-Year Comparison

2024 2023 Change
Revenue $1,655,725 $1,374,756 +0.2%
Expenses $1,737,335 $1,497,605 +0.2%
Net Income $-81,610 $-122,849 -0.3%
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

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Governance

Voting Members
5
Independent Members
2
Employees
12
Volunteers
175

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
2
$147,716
Total Directors
5
$147,716
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph VanBlarcom Admin Director 55.00
Officer Director
$55,049 $28,000 $83,049
Kimberly F Wilson-Dodson President & CEO 55.00
Officer Director
$46,667 $18,000 $64,667
William H Hild Director 2.00
Director
$0 $0 $0
Becky Manassa Director 2.00
Director
$0 $0 $0
Donald Wilson Director 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 $1,655,725 $1,737,335 $3,471,526 $-81,610
2023 $1,374,756 $1,497,605 $2,035,294 $-122,849
2022 $1,647,368 $1,401,966 $2,127,008 $245,402
2021 $1,544,504 $1,104,915 $1,780,953 $439,589
2020 $1,191,777 $806,150 $1,431,370 $385,627
2019 $975,123 $890,303 $1,005,723 $84,820
2018 $764,566 $798,027 $946,501 $-33,461
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