Church Management & Tax Confernece… - Form 990 Financial Data

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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

1986

Legal Domicile

Principal Officer

H Michael Chitwood

Phone

8003459117

Tax Period

2024-01-01 to 2024-12-31

Church Management & Tax Confernece Inc, founded in 1986, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. The organization ran a surplus of $463K, a strong 23% operating margin.

Mission

Education of Churches & Non Profit Organizations

Program Service Accomplishments

Program 1

Expenses: $61,264 Revenue: $76,580

During 2022 CMTC conducted seminars in aprox. 20 cities in the USA on 501(c)(3) issues, compliance and proper IRS 501(c)(3) filing. Postage, mailing list rental & brochure printing to promote seminar...

Program 2

Expenses: $266,401 Revenue: $409,849

Promotion of written material, travel to each city to educate and conduct conferences, display and distribute information free. Free Publication Cost Apx $325,000.

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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 $1,075,911

Program Service Revenue $393,681

Investment Income $31,595

Other Revenue $503,253

TOTAL REVENUE $2,004,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,013

Fundraising Expenses $0

Program Expenses $1,473,647

Other Expenses $1,344,048

TOTAL EXPENSES $1,541,061

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,004,440	$1,884,351	+0.1%
Expenses	$1,541,061	$1,681,871	-0.1%
Net Income	$463,379	$202,480	+1.3%

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

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

$42,500

Total Directors

$71,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
H Michael Chitwood	CEO (CMTC)	40.00	Officer Director	$42,500	$0	$42,500
Debbie Booth	Director	40.00	Director	$28,600	$0	$28,600
Dr Shannon Cook	Director	20.00	Director Key Emp	$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	$2,004,440	$1,541,061	$7,291,377	$463,379
2023	$1,884,351	$1,681,871	$7,619,104	$202,480
2022	$2,143,843	$2,114,293	$7,851,317	$29,550
2021	$1,482,060	$1,921,685	$7,721,677	$-439,625
2020	$1,596,261	$1,576,402	$8,493,742	$19,859
2019	$1,955,251	$1,623,990	$8,335,114	$331,261
2018	$1,772,952	$2,330,484	$7,971,164	$-557,532

Church Management & Tax Confernece Inc