SEED OF HARVEST MINISTRIES INC (EIN 650711840) - 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

1997

Legal Domicile

Principal Officer

RICHARD THOMAS

Phone

9549720660

Tax Period

2023-01-01 to 2023-12-31

SEED OF HARVEST MINISTRIES INC, founded in 1997, is a small nonprofit in the Religion sector that reported $286K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 22% operating margin.

Mission

TO SPREAD THE WORD OF JESUS CHRIST OUR LORD AND SAVIOUR BY PREACHING AND TEACHING GODS WORD IN CHURCHES, REVIVALS, AND CONFERENCES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $197,984

Program Service Revenue $0

Investment Income $88,311

Other Revenue $0

TOTAL REVENUE $286,295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $189,558

Other Expenses $222,974

TOTAL EXPENSES $222,974

Year-over-Year Comparison

	2023	2022	Change
Revenue	$286,295	$217,368	+0.3%
Expenses	$222,974	$227,153	0.0%
Net Income	$63,321	$-9,785	-7.5%

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

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
RICHARD THOMAS	PRESIDENT	20.00	Officer	$0	$0	$0
KATHY THOMAS	SEC/TRES	10.00	Officer	$0	$0	$0
JEFFREY DOVE	DIRECTOR	5.00	Director	$0	$0	$0
RICHARD S THOMAS	DIRECTOR	5.00	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	No data	No data	No data	No data
2023	$286,295	$222,974	$267,079	$63,321
2022	$217,368	$227,153	$406,083	$-9,785
2021	$295,748	$180,278	$318,233	$115,470
2020	$125,297	$152,630	$202,763	$-27,333
2019	$278,810	$165,156	$230,096	$113,654

SEED OF HARVEST MINISTRIES INC