Charles Simpson Ministries Inc (EIN 742328963) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

Stephen Simpson

Tax Period

2023-01-01 to 2023-12-31

Charles Simpson Ministries Inc, founded in 1987, is a small nonprofit that reported $675K in total revenue in fiscal year 2018. Expenses of $793K exceeded revenue, resulting in a 18% operating deficit.

Mission

Christian Ministry thru proclimation of the gospel of Jesus Christ, teaching, publications and communication.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $536,201

Investment Income $0

Other Revenue $0

TOTAL REVENUE $536,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $301,817

Fundraising Expenses $102,246

Program Expenses $426,437

Other Expenses $329,693

TOTAL EXPENSES $631,510

Year-over-Year Comparison

	2023	2022	Change
Revenue	$536,201	$779,779	-0.3%
Expenses	$631,510	$721,865	-0.1%
Net Income	$-95,309	$57,914	-2.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ronald Gray	Director	1.00	Director	$0	$0	$0
Micheal Coleman	Director	1.00	Director	$0	$0	$0
Stephen Simpson	Chairman	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	No data	No data	No data	No data
2023	$536,201	$631,510	$617,667	$-95,309
2022	$779,779	$721,865	$702,682	$57,914
2020	$644,983	$654,852	$860,377	$-9,869
2018	$675,227	$793,452	$979,422	$-118,225

Charles Simpson Ministries Inc