Joy House Ministries Inc

EIN: 710856828 501(c)(3) Human Services

Springdale, AR

Total Revenue
$99,041
Total Expenses
$65,117
Total Assets
$211,631
Net Assets
$211,631
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
AR
Principal Officer
Norma Patterson
Phone
4797513880
Tax Period
2020-01-01 to 2020-12-31

Joy House Ministries Inc, founded in 2001, is a micro nonprofit in the Human Services sector that reported $99K in total revenue in fiscal year 2020. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $34K, a strong 34% operating margin.

Mission

A christian organization serving Haitian christians and the community in the general area of the Joy House location

Program Service Accomplishments

Program 1
Expenses: $65,117 Revenue: $99,041

Joy House paid teachers, provided food to students and bought supplies, books and uniforms. 3 meals a day to over 1,000 families. Joy House showed movies, held concerts, weddings, and were involved...

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Joy House paid teachers, provided food to students and bought supplies, books and uniforms. 3 meals a day to over 1,000 families. Joy House showed movies, held concerts, weddings, and were involved in various community projects. Joy House sponsored Dorcas ministry serving single moms and orphans, and widows. The organization sponsored a ministry leadership conference for women. Joy House employed over 25 full & part-time individuals. They assisted 5 churches with physical, financial and spiritual leadership. Joy House sponsored children's programs in 5 churches and sponsored life style classes lead by Haitian trained leaders. Music leaders were paid to travel to different churches to hold 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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $99,041
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $99,041

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,271
Fundraising Expenses $0
Program Expenses $65,117
Other Expenses $33,846
TOTAL EXPENSES $65,117

Year-over-Year Comparison

2020 2019 Change
Revenue $99,041 $135,117 -0.3%
Expenses $65,117 $132,928 -0.5%
Net Income $33,924 $2,189 +14.5%
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

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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
4
Independent Members
4
Employees
N/A
Volunteers
10

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Norma J Patterson Sec Treas 15.00
Officer Director
$0 $0 $0
Roland Marthe Manager Operations 20.00
Director
$0 $0 $0
Kim Figley Director 5.00
Officer
$0 $0 $0
Nadege Marthe VP Director Women's Ministry 25.00
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
2020 $99,041 $65,117 $211,631 $33,924
2019 $135,117 $132,928 $177,707 $2,189
2018 $247,785 $312,643 $175,518 $-64,858
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