JIM HOCKADAY MINISTRIES

EIN: 731496428 501(c)(3) Religion

CASTLE ROCK, CO

Total Revenue
$497,152
Total Expenses
$484,219
Total Assets
$242,913
Net Assets
$240,004
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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
1994
Legal Domicile
OK
Principal Officer
JIM HOCKADAY
Phone
9186192561
Tax Period
2023-01-01 to 2023-12-31

JIM HOCKADAY MINISTRIES, founded in 1994, is a small nonprofit in the Religion sector that reported $497K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO PREACH THE GOSPEL OF JESUS CHRIST AT HOME IN THE USA AND ABROAD.

Program Service Accomplishments

Program 1
Expenses: $410,801

210 MEETINGS AROUND THE USA, SWITZERAND AND BRAZIL. MOST MEETINGS WERE IN CHURCHES. MEETINGS WERE TEACHING BIBLE SCHOOL TO YOUNG STUDENTS AGES 18- 35. MANY HEALINGS WERE RECORDED. ALL MEETINGS WERE...

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210 MEETINGS AROUND THE USA, SWITZERAND AND BRAZIL. MOST MEETINGS WERE IN CHURCHES. MEETINGS WERE TEACHING BIBLE SCHOOL TO YOUNG STUDENTS AGES 18- 35. MANY HEALINGS WERE RECORDED. ALL MEETINGS WERE VERY SUCCESSFUL.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $437,423
Program Service Revenue $0
Investment Income $0
Other Revenue $59,729
TOTAL REVENUE $497,152

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,836
Fundraising Expenses $271
Program Expenses $410,801
Other Expenses $368,383
TOTAL EXPENSES $484,219

Year-over-Year Comparison

2023 2022 Change
Revenue $497,152 $438,634 +0.1%
Expenses $484,219 $450,394 +0.1%
Net Income $12,933 $-11,760 -2.1%
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

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Governance

Voting Members
5
Independent Members
3
Employees
3
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
2
$151,400
Total Directors
5
$151,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM HOCKADAY PRESIDENT 40.00
Officer Director
$82,000 $55,000 $137,000
ERIN HOCKADAY SECRETARY 1.00
Officer Director
$14,400 $0 $14,400
JOHNATHAN MORGAN DIRECTOR 1.00
Director
$0 $0 $0
ED SULT DIRECTOR 1.00
Director
$0 $0 $0
TIM YOKELY DIRECTOR 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 $497,152 $484,219 $242,913 $12,933
2022 $438,634 $450,394 $234,693 $-11,760
2021 $399,952 $273,049 $239,730 $126,903
2020 $269,629 $223,096 $114,333 $46,533
2019 $217,897 $197,385 $71,855 $20,512
2018 $243,204 $216,257 $76,335 $26,947
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