SOUTHWEST EDUCATIONAL MINISTRIES ASSOCIATION (EIN 731377542) - 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

1976

Legal Domicile

Principal Officer

PATTI RHEA

Phone

5805369810

Tax Period

2021-07-01 to 2022-06-30

SOUTHWEST EDUCATIONAL MINISTRIES ASSOCIATION, founded in 1976, is a small nonprofit that reported $505K in total revenue in fiscal year 2021. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $660K exceeded revenue, resulting in a 31% operating deficit.

Mission

To provide Christian religious training and academic education for students K-12th grades for parents who desire Christian training along with excellent academics

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $141,500

Program Service Revenue $363,300

Investment Income $34

Other Revenue $0

TOTAL REVENUE $504,834

Expense Breakdown

Grants Paid $0

Salaries & Benefits $449,355

Fundraising Expenses $0

Program Expenses $569,567

Other Expenses $210,590

TOTAL EXPENSES $659,945

Year-over-Year Comparison

	2021	2020	Change
Revenue	$504,834	$653,445	-0.2%
Expenses	$659,945	$732,821	-0.1%
Net Income	$-155,111	$-79,376	+1.0%

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

$51,000

Total Directors

$3,333

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX DEGAZON	DIRECTOR	1.00	Director	$0	$0	$0
CASSANDRA JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
HEIDI WILLIGER	BOARD SECRETARY/DIRECTOR	1.00	Director	$0	$0	$0
PATTIE RHEA	SUPERINTENDENT/DIRECTOR	40.00	Officer Director	$3,333	$0	$3,333
DONNA LOFTON	FINANCE DIRECTOR	40.00	Officer	$47,667	$0	$47,667

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
2022	$504,834	$659,945	$2,084,466	$-155,111
2021	$653,445	$732,821	$2,125,443	$-79,376
2020	$1,057,149	$1,165,618	$2,243,114	$-108,469
2019	$943,447	$1,162,351	$2,336,894	$-218,904
2018	$1,230,854	$1,379,107	$2,482,929	$-148,253
2018	$1,261,962	$1,391,555	$2,489,036	$-129,593
2017	$1,230,765	$1,596,470	$2,750,596	$-365,705

SOUTHWEST EDUCATIONAL MINISTRIES ASSOCIATION