ABUNDANT RAIN MINISTRIES INC (EIN 731615887) - 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

TERRY SPRADLIN

Tax Period

2023-01-01 to 2023-12-31

ABUNDANT RAIN MINISTRIES INC, founded in 1998, is a community nonprofit in the Religion sector that reported $6.0M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $5.7M left a modest 5% surplus.

Mission

PROVIDING MISSIONS AND MINISTRIES TO THE CONGREGATION AS WELL AS THOSE THAT ARE IN NEED THROUGH OUTREACH, MISSIONS AND CHURCH CLASSES.

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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 $6,024,745

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $6,024,746

Expense Breakdown

Grants Paid $5,271,974

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,701,732

Other Expenses $430,619

TOTAL EXPENSES $5,702,593

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,024,746	$4,991,435	+0.2%
Expenses	$5,702,593	$4,943,074	+0.2%
Net Income	$322,153	$48,361	+5.7%

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

3962

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
RON SPRADLIN	PRESIDENT/PA	N/A	Officer Director	$0	$0	$0
TERRY SPRADLIN	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
CINDY WATTS	TRUSTEE	N/A	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	$6,024,746	$5,702,593	$1,476,992	$322,153
2022	$4,991,435	$4,943,074	$1,229,227	$48,361
2021	$4,705,451	$4,539,171	$1,184,763	$166,280
2020	$3,965,972	$3,850,072	$838,160	$115,900
2019	$2,514,991	$2,549,494	$885,613	$-34,503
2018	$2,233,076	$2,274,010	$804,283	$-40,934

ABUNDANT RAIN MINISTRIES INC