Kevin Shorey Ministries Inc

EIN: 650119821 501(c)(3)

Ashland City, TN

Total Revenue
$72,053
Total Expenses
$77,361
Total Assets
$2,617
Net Assets
$2,617
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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
2006
Legal Domicile
MO
Principal Officer
Kevin D Shorey
Phone
4172308618
Tax Period
2023-01-01 to 2023-12-31

Kevin Shorey Ministries Inc, founded in 2006, is a micro nonprofit that reported $72K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION WAS FORMED TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGHOUT THE WORLD.

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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 $50,665
Program Service Revenue $21,388
Investment Income $0
Other Revenue $0
TOTAL REVENUE $72,053

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,224
Fundraising Expenses $0
Program Expenses $77,361
Other Expenses $55,137
TOTAL EXPENSES $77,361

Year-over-Year Comparison

2023 2022 Change
Revenue $72,053 $104,325 -0.3%
Expenses $77,361 $92,181 -0.2%
Net Income $-5,308 $12,144 -1.4%
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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
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
1
$22,224
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN D SHOREY PRESIDENT 40.00
Officer
$22,224 $0 $22,224
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 No data No data No data No data
2023 $72,053 $77,361 $2,617 $-5,308
2022 $104,325 $92,181 $9,690 $12,144
2021 $78,284 $86,355 $3,068 $-8,071
2020 $117,637 $104,486 $9,504 $13,151
2019 $97,452 $93,710 $702 $3,742
2018 $106,003 $112,205 No data $-6,202
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