CHRISTIAN ECONOMIC CORPORATION INC (EIN 640563437) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

ELEANOR BOELENS

Phone

6016369121

Tax Period

2020-01-01 to 2020-12-31

CHRISTIAN ECONOMIC CORPORATION INC, founded in 1974, is a micro nonprofit that reported $74 in total revenue in fiscal year 2020. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $158K exceeded revenue, resulting in a 212864% operating deficit.

Mission

TO PROVIDE FINANCING FOR MEDICAL AND DENTAL CLINICS IN IMPOVERISHED AREAS AROUND THE WORLD. TO SUPPORT MEDICAL RESEARCH EFFORTS WITH AN EMPHASIS ON SPIRITUAL HEALING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3

Investment Income $71

Other Revenue $0

TOTAL REVENUE $74

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,589

Fundraising Expenses $0

Program Expenses $123,376

Other Expenses $97,004

TOTAL EXPENSES $157,593

Year-over-Year Comparison

	2020	2019	Change
Revenue	$74	$5,196	-1.0%
Expenses	$157,593	$153,413	+0.0%
Net Income	$-157,519	$-148,217	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$53,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELEANOR BOELENS	PRESIDENT	15.00	Officer	$53,250	$0	$53,250
LIN CHESLEK	DIRECTOR	1.00	Officer Director	$0	$0	$0
ROBERT CREAR	DIRECTOR	1.00	Officer Director	$0	$0	$0
KAY LEE	DIRECTOR	1.00	Officer Director	$0	$0	$0
GORDON SLUIS	DIRECTOR	1.00	Officer Director	$0	$0	$0
JOHN SPOELHOF	DIRECTOR	1.00	Officer Director	$0	$0	$0
DAVID COX	TREASURER	1.00	Officer	$0	$0	$0
MARTIN OZINGA	VICE-PRESIDE	1.00	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
2020	$74	$157,593	No data	$-157,519
2019	$5,196	$153,413	$159,519	$-148,217
2018	$1,185	$136,424	$307,746	$-135,239

CHRISTIAN ECONOMIC CORPORATION INC