Master Plan Ministries (EIN 742408656) - 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

1985

Legal Domicile

Principal Officer

Erich A Krokos

Phone

9702595768

Tax Period

2024-01-01 to 2024-12-31

Master Plan Ministries, founded in 1985, is a small nonprofit that reported $681K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $774K exceeded revenue, resulting in a 14% operating deficit.

Mission

To share the Gospel of Jesus Christ, teach Biblical Christianity (discipleship) and do leadership training with college students. Activities include weekly connect meetings, Bible studies, retreats, counseling and mission projects.

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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 $616,257

Program Service Revenue $36,943

Investment Income $28,002

Other Revenue $0

TOTAL REVENUE $681,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $506,113

Fundraising Expenses $25,034

Program Expenses $600,023

Other Expenses $267,476

TOTAL EXPENSES $773,589

Year-over-Year Comparison

	2024	2023	Change
Revenue	$681,202	$1,021,414	-0.3%
Expenses	$773,589	$823,171	-0.1%
Net Income	$-92,387	$198,243	-1.5%

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

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

$103,854

Total Directors

$103,854

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erich A Krokos	President & CEO	40.00	Officer Director	$75,541	$0	$75,541
Russell J Akins	Former Presiden	40.00	Officer Director	$28,313	$0	$28,313
Gordon Herrick	Chairman	5.00	Officer Director	$0	$0	$0
Linda Akins	Treasurer	25.00	Officer Director	$0	$0	$0
Jim Grizzard	Director	1.00	Director	$0	$0	$0
Melissa Taylor	Secretary	1.00	Officer Director	$0	$0	$0
Jeffrey Rose	Director	1.00	Director	$0	$0	$0
Ron Erickson	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	$681,202	$773,589	$3,311,974	$-92,387
2023	$1,021,414	$823,171	$3,310,457	$198,243
2022	$779,323	$792,396	$3,023,426	$-13,073
2021	$2,512,681	$667,505	$3,129,048	$1,845,176
2020	$788,298	$615,063	$1,023,166	$173,235
2019	$671,354	$692,279	$812,190	$-20,925
2018	$860,934	$791,851	$772,429	$69,083

Master Plan Ministries