Harvest Ministries Inc (EIN 731338494) - 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

1989

Legal Domicile

Principal Officer

TERRI SHEAFFER

Phone

4056273089

Tax Period

2023-01-01 to 2023-12-31

Harvest Ministries Inc, founded in 1989, is a small nonprofit in the Religion sector that reported $192K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $393K exceeded revenue, resulting in a 104% operating deficit.

Mission

Spreading the Gospel of Jesus Christ worldwide by building churches funding Bible Colleges missionariesand other likeminded ministries

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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 $96,050

Program Service Revenue $0

Investment Income $95,931

Other Revenue $0

TOTAL REVENUE $191,981

Expense Breakdown

Grants Paid $383,100

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $383,100

Other Expenses $9,498

TOTAL EXPENSES $392,598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$191,981	$136,696	+0.4%
Expenses	$392,598	$347,911	+0.1%
Net Income	$-200,617	$-211,215	-0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRI J SHEAFFER	President	10.00	Officer Director	$0	$0	$0
MICHAEL D SHEAFFER	Secretary	3.000	Officer Director	$0	$0	$0
BILL MOORE	Director	1.000	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	$191,981	$392,598	$2,459,558	$-200,617
2022	$136,696	$347,911	$2,660,175	$-211,215
2021	$168,764	$388,191	$2,871,390	$-219,427
2020	$445,190	$347,448	$3,090,817	$97,742

Harvest Ministries Inc