DEL WAY MINISTRIES INC (EIN 742465461) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

Pastor Del Way

Phone

4238924882

Tax Period

2024-01-01 to 2024-12-31

DEL WAY MINISTRIES INC, founded in 1986, is a micro nonprofit in the Religion sector that reported $55K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Net assets of $359K represent 78 months of operating reserves.

Mission

TO SPREAD THE WORD OF JESUS CHRIST

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $47,385

Program Service Revenue $0

Investment Income $0

Other Revenue $7,661

TOTAL REVENUE $55,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,155

Other Expenses $55,860

TOTAL EXPENSES $55,860

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,046	$78,139	-0.3%
Expenses	$55,860	$77,170	-0.3%
Net Income	$-814	$969	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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
N/A	PRESIDENT	20.00	Officer Director Key Emp Highest	$0	$0	$0
N/A	SEC/TREAS	5.00	Officer Director Key Emp	$0	$0	$0
N/A	DIRECTOR	5.00	Director	$0	$0	$0
N/A	DIRECTOR	5.00	Director	$0	$0	$0
N/A	DIRECTOR	5.00	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	$55,046	$55,860	$359,225	$-814
2023	$78,139	$77,170	$360,039	$969
2022	$95,510	$89,348	$359,070	$6,162
2021	$104,807	$58,149	$352,907	$46,658
2020	$71,327	$70,665	$340,122	$662

DEL WAY MINISTRIES INC