MASTERING LIFE MINISTRIES

EIN: 621542382 501(c)(3) Religion

BRADENTON, FL

Total Revenue
$41,768
Total Expenses
$69,464
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
TN
Principal Officer
DR DAVID FOSTER
Phone
6155074166
Tax Period
2023-01-01 to 2023-12-31

MASTERING LIFE MINISTRIES, founded in 1993, is a micro nonprofit in the Religion sector that reported $42K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $69K exceeded revenue, resulting in a 66% operating deficit.

Mission

INTRODUCE HEALING THROUGH MINISTRY TO THE LIVES OF INDIVIDUALS WHO SUFFER FROM SEXUAL BROKENNESS OF EVERY KIND, THROUGH TELEVISION, DOCUMENTARIES, AND SOCIAL MEDIA PLATFORMS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $41,197
Program Service Revenue $0
Investment Income $-5,132
Other Revenue $5,703
TOTAL REVENUE $41,768

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,353
Fundraising Expenses $0
Program Expenses $51,917
Other Expenses $14,111
TOTAL EXPENSES $69,464

Year-over-Year Comparison

2023 2022 Change
Revenue $41,768 $52,262 -0.2%
Expenses $69,464 $56,527 +0.2%
Net Income $-27,696 $-4,265 +5.5%
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
2
Employees
1
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV JERRY BRYANT SECRETARY & N/A
Officer Director
$0 $0 $0
DR DAVID FOSTER EXEC DIR & F N/A
Officer Director
$0 $0 $0
ANNE PAULK BOARD MEMBER N/A
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
2023 $41,768 $69,464 No data $-27,696
2022 $52,262 $56,527 $31,889 $-4,265
2021 $61,877 $43,851 $37,405 $18,026
2020 $51,280 $56,438 $21,297 $-5,158
2019 $66,329 $69,098 $26,257 $-2,769
2018 $85,806 $93,075 $30,305 $-7,269
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