GOLDEN SPUR MINISTRIES INC (EIN 721579398) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

CORY YOUNG

Phone

8162007787

Tax Period

2024-01-01 to 2024-12-31

GOLDEN SPUR MINISTRIES INC, founded in 2006, is a small nonprofit in the Religion sector that reported $113K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

MAKING DISCIPLES FOR THE LORD JESUS CHRIST BY BUILDING RELATIONSHIPS AND EVANGELIZING THE UNSAVED, HELPING BELIEVERS ESTABLISH A RELATIONSHIP WITH AND ACTIVITY IN A LOCAL CHURCH AND MAINTAINING RELATIONS WITH AND EDIFYING BELIEVERS THROUGH NURTURING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $113,094

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $113,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,745

Fundraising Expenses $0

Program Expenses $111,793

Other Expenses $64,590

TOTAL EXPENSES $115,335

Year-over-Year Comparison

	2024	2023	Change
Revenue	$113,094	$122,669	-0.1%
Expenses	$115,335	$127,701	-0.1%
Net Income	$-2,241	$-5,032	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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
JOHN KLAASSEN	CHAIRMAN	5.00	Director	$0	$0	$0
TIM BLANCHARD	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT WALKER	DIRECTOR	1.00	Director	$0	$0	$0
CORY YOUNG	PRESIDENT	40.00	Officer	$0	$0	$0
LESLIE YOUNG	SECRETARY-TREASURER	5.00	Officer	$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	$113,094	$115,335	$3,282	$-2,241
2024	$113,094	$115,335	$3,282	$-2,241
2023	$122,669	$127,701	$11,751	$-5,032
2022	$114,571	$111,960	$9,007	$2,611
2021	$109,752	$107,367	$5,511	$2,385
2020	$75,746	$80,418	$7,668	$-4,672
2019	$80,409	$82,968	$11,662	$-2,559
2018	$85,325	$84,691	$11,671	$634

GOLDEN SPUR MINISTRIES INC