Mike Kruger Ministries Inc

EIN: 650682717 501(c)(3) Religion

Sarasota, FL

Total Revenue
$195,198
Total Expenses
$277,075
Total Assets
$253,067
Net Assets
$253,067
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
FL
Principal Officer
Marjorie Kruger
Phone
9415860620
Tax Period
2024-01-01 to 2024-12-31

Mike Kruger Ministries Inc, founded in 1997, is a small nonprofit in the Religion sector that reported $195K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $277K exceeded revenue, resulting in a 42% operating deficit.

Mission

No cost communication through the Internet, teaching and training in spiritual and leadership development in the Christian faith

Program Service Accomplishments

Program 1
Expenses: $115,712

Consultation and no cost communication through internet and in person for leadership development

Program 2
Expenses: $69,428

No cost communication through the Internet, teachings and training in in spiritual development

Program 3
Expenses: $46,285

Seminars, conferences and instruction in the Christian faith at no cost

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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 (2024)

Revenue Breakdown

Contributions & Grants $189,378
Program Service Revenue $0
Investment Income $5,820
Other Revenue $0
TOTAL REVENUE $195,198

Expense Breakdown

Grants Paid $61,325
Salaries & Benefits $100,308
Fundraising Expenses $21,614
Program Expenses $231,425
Other Expenses $115,442
TOTAL EXPENSES $277,075

Year-over-Year Comparison

2024 2023 Change
Revenue $195,198 $307,868 -0.4%
Expenses $277,075 $287,608 0.0%
Net Income $-81,877 $20,260 -5.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
75

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
4
$90,000
Total Directors
3
$90,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARJORIE KRUGER President 40.00
Officer Director
$72,000 $18,000 $90,000
KAY HAMMER Vice President 1.00
Officer Director
$0 $0 $0
BECKY SIGFUSSON Vice President 1.00
Officer Director
$0 $0 $0
IRENE CAPRANO Treasurer 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
2024 $195,198 $277,075 $253,067 $-81,877
2023 $307,868 $287,608 $317,125 $20,260
2022 $224,806 $241,741 $296,732 $-16,935
2021 $389,701 $221,318 $325,675 $168,383
2020 $239,044 $173,262 $157,292 $65,782
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