Carol Kornacki Ministries Inc (EIN 593218354) - 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

Phone

7048475001

Tax Period

2019-01-01 to 2019-12-31

Carol Kornacki Ministries Inc is a micro nonprofit in the Arts, Culture & Humanities sector that reported $81K in total revenue in fiscal year 2019. Revenue surged 111% from the prior year, signaling strong growth momentum. The organization ran a surplus of $33K, a strong 41% operating margin.

Mission

Ministry to thousands of people and evangelistic services. Many people accept Jesus,are healed,and delivered through this ministry.

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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 (2019)

Revenue Breakdown

Contributions & Grants $80,883

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $80,883

Expense Breakdown

Grants Paid $581

Salaries & Benefits $12,900

Fundraising Expenses $0

Program Expenses $35,094

Other Expenses $34,513

TOTAL EXPENSES $47,994

Year-over-Year Comparison

	2019	2018	Change
Revenue	$80,883	$38,390	+1.1%
Expenses	$47,994	$43,653	+0.1%
Net Income	$32,889	$-5,263	-7.2%

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

Governance

Voting Members

Independent Members

Employees

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

$12,900

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carol Kornacki	President	40.00	Officer	$12,900	$0	$12,900
Jacqueline Golba	Director	10.00	Director	$0	$0	$0
Marilynn Bonner	Vice President	10.00	Officer	$0	$0	$0
Lisa A Ufland	Secretary	10.00	Officer	$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
2019	$80,883	$47,994	$58,144	$32,889
2018	$38,390	$43,653	$25,255	$-5,263

Carol Kornacki Ministries Inc