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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Tuckman-Chang Vulnerability Assessment

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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 small nonprofit in the Human Services sector that reported $248K in total revenue in fiscal year 2018. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $313K exceeded revenue, resulting in a 26% operating deficit.

Mission

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

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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%)

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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

Financial Distress Indicator

Liquidity & Cash Position

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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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