PALM MISSIONARY MINISTRIES INC (EIN 592890077) - 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

1987

Legal Domicile

Principal Officer

J MARK ROLLINS

Phone

8636967131

Tax Period

2023-01-01 to 2023-12-31

PALM MISSIONARY MINISTRIES INC, founded in 1987, is a small nonprofit that reported $338K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

PALM MISSIONARY MINISTRIES'S (PMM) MAIN FOCUS IS ASSISTING NATIONALS IN EVANGELISM AND CHURCH PLANTING IN THEIR COUNTRIES; THIS INCLUDES BUILDING AND DEVELOPMENT OF SCHOOLS, LITERACY MINISTRIES, HEALTH PROJECTS (IMMUNIZATION, HYGIENE ISSUES, AND CLEAN WATER), TRAFFICKING OF CHILDREN AWARENESS, VERY EFFECTIVE PRISON MINISTRIES, COUNSELING AND MENTAL HEALTH MINISTRIES, CHRISTIAN CAMPING, AND DISASTER RELIEF. PMM ALSO ASSISTS OTHER MISSIONS SUCH AS THE CHRISTIAN CHILD PROGRAM BY SAMARITAN PURSE. PMM ALSO TRAINS AND SUPPORTS NATIONAL PASTORS AND WORKERS. IT ALSO UTILIZES SHORT- TERM MISSION AND WORK TEAMS, AND HEALTH CARAVANS "MEDICAL CARAVANS PROVIDING HEALTH AND DENTAL CARE IN EXTREMELY RURAL AREAS."

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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 (2023)

Revenue Breakdown

Contributions & Grants $334,783

Program Service Revenue $0

Investment Income $2,992

Other Revenue $0

TOTAL REVENUE $337,775

Expense Breakdown

Grants Paid $308,237

Salaries & Benefits $0

Fundraising Expenses $20,511

Program Expenses $308,237

Other Expenses $41,973

TOTAL EXPENSES $350,210

Year-over-Year Comparison

	2023	2022	Change
Revenue	$337,775	$253,962	+0.3%
Expenses	$350,210	$250,618	+0.4%
Net Income	$-12,435	$3,344	-4.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID GEIGER	TRUSTEE	3.00	Director	$0	$0	$0
JODI MIKELL GEIGER	SECRETARY	5.00	Officer Director	$0	$0	$0
FRANKLIN JAMES MIKELL JR	TRUSTEE	1.00	Director	$0	$0	$0
GARY MEIER	TRUSTEE	3.00	Director	$0	$0	$0
WILLIAM F QUESENBERRY	CFO, TREASUR	15.00	Officer Director	$0	$0	$0
J MARK ROLLINS	PRESIDENT	20.00	Officer Director	$0	$0	$0
ARTHUR B PATRAY	TRUSTEE	3.00		$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	No data	No data	No data	No data
2023	$337,775	$350,210	$154,465	$-12,435
2022	$253,962	$250,618	$163,857	$3,344
2021	$323,216	$320,244	$157,487	$2,972
2020	$346,077	$341,714	$148,131	$4,363
2019	$313,287	$313,161	$147,372	$126
2018	$366,072	$370,961	$156,383	$-4,889

PALM MISSIONARY MINISTRIES INC