Burning and Shining Lamp Ministries (EIN 611462545) - 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

2004

Legal Domicile

Principal Officer

Corey Russell

Tax Period

2023-07-01 to 2024-06-30

Burning and Shining Lamp Ministries, founded in 2004, is a small nonprofit in the Religion sector that reported $862K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $245K, a strong 28% operating margin.

Mission

To instruct Christians in aspects of a lifestyle of prayer and fasting to help alleviate suffering among the poor of the Midwest United States

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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 $577,371

Program Service Revenue $0

Investment Income $0

Other Revenue $284,392

TOTAL REVENUE $861,763

Expense Breakdown

Grants Paid $34,350

Salaries & Benefits $277,067

Fundraising Expenses $0

Program Expenses $533,375

Other Expenses $304,932

TOTAL EXPENSES $616,349

Year-over-Year Comparison

	2023	2022	Change
Revenue	$861,763	$970,809	-0.1%
Expenses	$616,349	$723,444	-0.1%
Net Income	$245,414	$247,365	0.0%

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

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

$158,198

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Corey Russell	PresidentTreasurer	60.00	Officer Highest	$136,000	$0	$136,000
Dana Russell	Vice PresidentSecretary	20.00	Officer	$22,198	$0	$22,198
Chad Osborne	Board Member	1.00	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
2025	No data	No data	No data	No data
2024	$861,763	$616,349	$1,161,604	$245,414
2023	$970,809	$723,444	$920,294	$247,365
2022	$667,454	$426,227	$669,217	$241,227
2021	$508,231	$225,131	$424,573	$283,100
2020	$231,386	$143,915	$141,473	$87,471
2019	$180,780	$172,576	$54,002	$8,204
2018	$168,087	$150,908	$45,798	$17,179

Burning and Shining Lamp Ministries