WALES GOEBEL MINISTRY (EIN 630575967) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

JOHN JACKSON

Phone

2059674888

Tax Period

2021-01-01 to 2021-12-31

WALES GOEBEL MINISTRY, founded in 1968, is a small nonprofit in the Religion sector that reported $299K in total revenue in fiscal year 2018. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $576K exceeded revenue, resulting in a 93% operating deficit.

Mission

THE WALES GOEBEL MINISTRY SEEKS TO PRESENT THE LIFE CHANGING MESSAGE OF THE GOSPEL TO INDIVIDUALS AND FAMILIES. USING HOME AND BUSINESS BASED CLASSES, EVANGELISTIC OUTREACHES, COUNSELING AND INDIVIDUAL DISCIPLESHIP, THE MINISTRY IS COMMITTED TO PROCLAIMING GOD'S WORD, BELIVEING THAT IT HAS THE ANSWERS FOR MAN'S NEEDS AND PROBLEMS. OUR DESIRE IS TOO SEE INDIVIDUALS AND FAMILIES COME TO CHRIST AND LEARN TO WALK IN THE POWER OF THE HOLY SPIRIT

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $70,013

Program Service Revenue $0

Investment Income $0

Other Revenue $4,584

TOTAL REVENUE $74,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $100,613

Fundraising Expenses $1,075

Program Expenses $118,913

Other Expenses $45,739

TOTAL EXPENSES $146,352

Year-over-Year Comparison

	2021	2020	Change
Revenue	$74,597	$234,192	-0.7%
Expenses	$146,352	$364,244	-0.6%
Net Income	$-71,755	$-130,052	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAN BEARDEN	SEC/TREA.	N/A	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
2021	$74,597	$146,352	$167,511	$-71,755
2020	$234,192	$364,244	$239,266	$-130,052
2019	$219,526	$492,324	$355,776	$-272,798
2018	$299,126	$575,996	$597,576	$-276,870

WALES GOEBEL MINISTRY