ELAINE HOLLMER MINISTRIES

EIN: 621212207 501(c)(3)

FORT PAYNE, AL

Total Revenue
$29,927
Total Expenses
$53,271
Total Assets
$545,057
Net Assets
$545,057
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
AL
Principal Officer
Elaine Hollmer
Phone
4238924882
Tax Period
2024-01-01 to 2024-12-31

ELAINE HOLLMER MINISTRIES, founded in 1982, is a small nonprofit that reported $297K in total revenue in fiscal year 2020. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $174K, a strong 59% operating margin.

Mission

TO SPREAD THE GOSPEL OF JESUS CHRIST OUR LORD

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $29,636
Program Service Revenue $0
Investment Income $291
Other Revenue $0
TOTAL REVENUE $29,927

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,500
Fundraising Expenses $0
Program Expenses $18,476
Other Expenses $39,771
TOTAL EXPENSES $53,271

Year-over-Year Comparison

2024 2023 Change
Revenue $29,927 $41,654 -0.3%
Expenses $53,271 $50,097 +0.1%
Net Income $-23,344 $-8,443 +1.8%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
5

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
3
$13,500
Total Directors
3
$13,500
Key Employees
1
$13,500
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH HOLLMER PRESIDENT 30.00
Officer Director Key Emp Highest
$13,500 $0 $13,500
DAVID HOLLMER VICE - PRESIDENT 10.00
Officer Director
$0 $0 $0
MACKENZIE BAIN SEC/TREAS 5.00
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
2024 $29,927 $53,271 $545,057 $-23,344
2023 $41,654 $50,097 $568,401 $-8,443
2022 $78,474 $50,252 $577,093 $28,222
2021 $138,554 $90,801 $549,162 $47,753
2020 $296,822 $122,900 $502,632 $173,922
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