RONNIE FLOYD MINISTRIES INC (EIN 710735818) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

RONNIE FLOYD

Phone

4797514523

Tax Period

2024-01-01 to 2024-12-31

RONNIE FLOYD MINISTRIES INC, founded in 1993, is a small nonprofit in the Religion sector that reported $378K in total revenue in fiscal year 2024. The organization ran a surplus of $170K, a strong 45% operating margin.

Mission

Ronnie Floyd Ministries, Inc. operates exclusively for religious purposes. Our mission is to spread the Gospel of Jesus Christ and proclaim this Good News through the teaching and proclamation of the Bible. We also support ministers of the Gospel by helping them with their ministries. Additionally, we invest in, inspire, and influence leaders from all vocations and spheres to become all that God desires for them in life and leadership. We accomplish this not only through teaching and preaching but also through podcasting and other resources.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $375,000

Program Service Revenue $0

Investment Income $3,421

Other Revenue $0

TOTAL REVENUE $378,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,131

Fundraising Expenses $0

Program Expenses $198,014

Other Expenses $11,141

TOTAL EXPENSES $208,272

Year-over-Year Comparison

	2024	2023	Change
Revenue	$378,421	N/A	N/A
Expenses	$208,272	N/A	N/A
Net Income	$170,149	N/A	N/A

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

$197,131

Total Directors

$197,131

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONNIE FLOYD	President & CEO	40.00	Officer Director	$187,500	$9,631	$197,131
JEANA S FLOYD	Director	2.00	Director	$0	$0	$0
JERRY WALTON	Director	0.00	Director	$0	$0	$0
JEFF PEARSON	Director	0.00	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	$378,421	$208,272	$199,471	$170,149

RONNIE FLOYD MINISTRIES INC