Chris Musgrove Ministries Inc (EIN 593760724) - 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

2001

Legal Domicile

Principal Officer

Christopher Musgrove

Phone

2292459499

Tax Period

2024-01-01 to 2024-12-31

Chris Musgrove Ministries Inc, founded in 2001, is a small nonprofit in the Religion sector that reported $310K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $647K represent 25 months of operating reserves.

Mission

Expose the deception and dangers of drugs, alcohol and sexual immorality to motivate and encourage young people who have been hurt emotionally or physically by the abuse of drugs, alcohol or sex and to inspire young people to get a vision for their life and to pursue their hopes and dreams.

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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 (2024)

Revenue Breakdown

Contributions & Grants $310,380

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $310,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,312

Fundraising Expenses $0

Program Expenses $206,088

Other Expenses $133,128

TOTAL EXPENSES $321,440

Year-over-Year Comparison

	2024	2023	Change
Revenue	$310,380	$340,263	-0.1%
Expenses	$321,440	$387,922	-0.2%
Net Income	$-11,060	$-47,659	-0.8%

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

$46,891

Total Directors

Key Employees

$10,400

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terri Musgrove	Secretary / Treasurer	040.00	Officer	$36,491	$0	$36,491
Christopher Musgrove	President	040.00	Officer Key Emp	$10,400	$0	$10,400
Shellie Love Fleming	Board Member	010.00	Director	$0	$0	$0
Jim Tomlinson	Board Member	010.00	Director	$0	$0	$0
B Robert Dinkins	Board Member	010.00	Director	$0	$0	$0
Mark Brady	Chairman	010.00	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
2024	$310,380	$321,440	$650,834	$-11,060
2023	$340,263	$387,922	$659,654	$-47,659
2022	$538,035	$376,367	$712,307	$161,668
2021	$833,164	$403,342	$548,729	$429,822
2020	$329,141	$397,758	$120,551	$-68,617
2019	$379,934	$333,078	$159,306	$46,856
2018	$342,898	$358,831	$111,578	$-15,933

Chris Musgrove Ministries Inc