KOENES MINISTRIES INC (EIN 640960724) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

BRENDA KOENES

Phone

4065399600

Tax Period

2024-01-01 to 2024-12-31

KOENES MINISTRIES INC, founded in 2007, is a small nonprofit in the Religion sector that reported $231K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

SHARE THE GOSPEL OF CHRIST THROUGH A VARIETY OF HUMANITARIAN AID SUCH AS PROVIDING WHEELCHAIRS, MEDICAL AID, FOOD BASKETS, CLOTHING, EYEGLASSES, EYE SURGERIES, AND BIBLES. THE ORGANIZATION ASSISTS IN MANY OTHER POVERTY SITUATIONS HELPING WITH FELT NEEDS. THE ORGANIZATION ALSO PROVIDES SUPPORT FOR THE LOCAL CHURCH MINISTRIES IN THE SONORA, MEXICO AREA.

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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 $230,543

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $230,543

Expense Breakdown

Grants Paid $138,506

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $229,353

Other Expenses $93,106

TOTAL EXPENSES $231,612

Year-over-Year Comparison

	2024	2023	Change
Revenue	$230,543	$180,050	+0.3%
Expenses	$231,612	$187,887	+0.2%
Net Income	$-1,069	$-7,837	-0.9%

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

N/A

Volunteers

325

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
BRENDA KOENES	President	40.00	Officer Director	$0	$0	$0
ART KOENES	Vice President	30.00	Officer Director	$0	$0	$0
LAYNE KLOMPIEN	Director	3.00	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	$230,543	$231,612	$11,940	$-1,069

KOENES MINISTRIES INC