FAMILY FIRST MINISTRIES INC (EIN 611359735) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

DAVID LICKLITER

Phone

8596086435

Tax Period

2024-01-01 to 2024-12-31

FAMILY FIRST MINISTRIES INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $385K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $442K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDING EMERGENCY FOOD BOXES AND CLOTHING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $385,150

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $385,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $442,077

Other Expenses $442,077

TOTAL EXPENSES $442,077

Year-over-Year Comparison

	2024	2023	Change
Revenue	$385,150	$351,946	+0.1%
Expenses	$442,077	$344,088	+0.3%
Net Income	$-56,927	$7,858	-8.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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 LICKLITER	PRESIDENT	5.00	Officer	$0	$0	$0
JAMES CORNETT	SECRETARY	1.00	Officer	$0	$0	$0
PHILLIP MULLINS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MERILL DOUG COLLINS	TREASURER	1.00	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	$385,150	$442,077	$231,105	$-56,927
2023	$351,946	$344,088	$209,032	$7,858
2022	$705,622	$610,119	$317,470	$95,503
2021	$318,916	$281,484	$259,869	$37,432
2020	$211,905	$230,490	$148,647	$-18,585
2019	$214,115	$276,248	$178,213	$-62,133
2018	$224,608	$239,344	$200,667	$-14,736

FAMILY FIRST MINISTRIES INC