REMNANT MINISTRIES INTERNATIONAL INC (EIN 721394220) - 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

1998

Legal Domicile

Principal Officer

PATRICK H SCHATZLINE

Phone

2059372865

Tax Period

2023-01-01 to 2023-12-31

REMNANT MINISTRIES INTERNATIONAL INC, founded in 1998, is a small nonprofit in the Religion sector that reported $230K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $265K exceeded revenue, resulting in a 15% operating deficit.

Mission

REMNANT MINISTRIES INTERNATIONAL IS AN EVANGELISTIC AND APOSTOLIC MINISTRY (CONTINUED ON SCHEDULE O) (CONTINUED FROM 990 PAGE 1) FOR THE SHARING OF THE GOSPEL OF JESUS CHRIST. REMNANT MINISTRIES INTERNATIONAL EXISTS TO ENGAGE IN REVIVALS, CRUSADES, YOUTH CAMPS, MISSION TRIPS, AND LEADERSHIP GROWTH WORLDWIDE, AND TO HELP THE LOCAL CHURCH GROW. WE PROVIDE CAMPUS MINISTRY, STADIUM, CONFERENCE AND CHURCH EVENTS, AND LEADERSHIP TRAINING WITH THE GOAL OF SPREADING THE GOSPEL.

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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 $228,409

Program Service Revenue $0

Investment Income $2

Other Revenue $1,524

TOTAL REVENUE $229,935

Expense Breakdown

Grants Paid $700

Salaries & Benefits $165,098

Fundraising Expenses $14,488

Program Expenses $177,079

Other Expenses $99,187

TOTAL EXPENSES $264,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$229,935	$208,298	+0.1%
Expenses	$264,985	$232,434	+0.1%
Net Income	$-35,050	$-24,136	+0.5%

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

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

$164,087

Total Directors

$164,087

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK SCHATZLINE	PRESIDENT	40.00	Officer Director	$25,000	$115,470	$140,470
KAREN SCHATZLINE	VICE PRES / TREASURER	30.00	Officer Director	$13,233	$10,384	$23,617
BISHOP DAVID THOMAS	BOARD MEMBER	1.00	Director	$0	$0	$0
JEREMIAH HOSFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SPITSBERGEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK IVEY	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT SCHATZLINE	BOARD MEMBER	1.00	Director	$0	$0	$0
TODD SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
NATHANIEL SCHATZLINE	BOARD MEMBER	1.00	Director	$0	$0	$0
SAMUEL VICENTE	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICK SCHATZLINE SR	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS KIRKENDALL	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID GARCIA	BOARD MEMBER UNTIL 12-4-23	1.00	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	$229,935	$264,985	$34,472	$-35,050
2022	$208,298	$232,434	$68,948	$-24,136
2021	$337,498	$312,317	$98,312	$25,181
2020	$309,951	$253,174	$89,411	$56,777
2019	$491,132	$475,809	$31,003	$15,323
2018	$584,492	$591,473	$22,687	$-6,981

REMNANT MINISTRIES INTERNATIONAL INC