MARCO VEGA EVANGELISTIC MINISTRIES INC (EIN 593681066) - 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

1999

Legal Domicile

Principal Officer

MARK VEGA

Tax Period

2022-01-01 to 2022-12-31

MARCO VEGA EVANGELISTIC MINISTRIES INC, founded in 1999, is a small nonprofit in the Religion sector that reported $231K in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $256K exceeded revenue, resulting in a 11% operating deficit.

Mission

PURPOSE IS TO ADMINISTER AN INTERNSHIP PROGRAM DESIGNED FOR YOUNG PEOPLE TO PREPARE THEM FOR MINISTRY. THROUGH THE PROGRAM, STUDENTS TAKE BIBLE COURSES TO PROVIDE COMMUNITY SERVICES AND TRAVEL TO GAIN EXPERIENCE AS MINISTERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $20,599

Program Service Revenue $210,054

Investment Income $0

Other Revenue $0

TOTAL REVENUE $230,653

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,284

Fundraising Expenses $0

Program Expenses $225,109

Other Expenses $205,785

TOTAL EXPENSES $256,069

Year-over-Year Comparison

	2022	2021	Change
Revenue	$230,653	$194,832	+0.2%
Expenses	$256,069	$710	+359.7%
Net Income	$-25,416	$194,122	-1.1%

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

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
JULIO GODINEZ	DIRECTOR	N/A	Director	$0	$0	$0
ESTHER OMEBEN	DIRECTOR	N/A	Director	$0	$0	$0
LISA VEGA	SECRETARY TR	N/A	Officer Director	$0	$0	$0
MARK VEGA	PRESIDENT	N/A	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
2022	$230,653	$256,069	$43,604	$-25,416
2020	$116,431	$267,549	$3,882	$-151,118
2019	$534,020	$499,118	$120,133	$34,902

MARCO VEGA EVANGELISTIC MINISTRIES INC