Dove Ministries Inc (EIN 731553188) - 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

LARRY BISHOP

Phone

9182998750

Tax Period

2024-01-01 to 2024-12-31

Dove Ministries Inc, founded in 1998, is a small nonprofit in the Religion sector that reported $285K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 40% operating margin.

Mission

PROCLAIM THE GOSPEL OF JESUS CHRIST

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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 (2024)

Revenue Breakdown

Contributions & Grants $190,214

Program Service Revenue $0

Investment Income $95,000

Other Revenue $0

TOTAL REVENUE $285,214

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $143,959

Other Expenses $169,713

TOTAL EXPENSES $169,713

Year-over-Year Comparison

	2024	2023	Change
Revenue	$285,214	$218,067	+0.3%
Expenses	$169,713	$180,071	-0.1%
Net Income	$115,501	$37,996	+2.0%

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

N/A

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
LINDA BISHOP	TRUSTEE	0.00	Director	$0	$0	$0
LARRY BISHOP	PRESIDENT	40.00	Officer 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	$285,214	$169,713	$1,265,128	$115,501
2023	$218,067	$180,071	$1,140,803	$37,996
2022	$310,595	$211,190	$1,131,095	$99,405
2021	$204,843	$148,897	$1,021,016	$55,946
2020	$223,146	$181,819	$986,375	$41,327
2019	$238,632	$195,902	$958,888	$42,730
2018	$218,976	$194,440	$934,438	$24,536

Dove Ministries Inc