Vida Nueva Ministries Inc (EIN 742500576) - 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

1988

Legal Domicile

Principal Officer

ELI GARCIA

Phone

8303521199

Tax Period

2023-01-01 to 2023-12-31

Vida Nueva Ministries Inc, founded in 1988, is a small nonprofit that reported $607K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $96K, a strong 16% operating margin.

Mission

Breaking the cycle of poverty and disadvantage through 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 (2023)

Revenue Breakdown

Contributions & Grants $591,779

Program Service Revenue $0

Investment Income $15,105

Other Revenue $0

TOTAL REVENUE $606,884

Expense Breakdown

Grants Paid $102,710

Salaries & Benefits $97,906

Fundraising Expenses $11,663

Program Expenses $448,077

Other Expenses $309,876

TOTAL EXPENSES $510,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$606,884	$467,472	+0.3%
Expenses	$510,492	$396,820	+0.3%
Net Income	$96,392	$70,652	+0.4%

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

100

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
AMADA GARCIA	FIELD DIRECTOR	40.00		$25,800	$0	$25,800
ELI GARCIA	FIELD DIRECTOR	40.00		$25,800	$0	$25,800
ABNER CASTILL0	FACILITIES/WORKGROUP COORDINATOR	40.00		$24,840	$0	$24,840
NORMA CASTILLO	SENIOR FIELD DIRECTOR	40.00		$5,200	$0	$5,200
VIRGIL CLOTFELTER	Secretary	0.50	Director	$0	$0	$0
MAURICE SCHWANKE	Chairman	0.50	Director	$0	$0	$0
TIMOTHY SPROESSIG	Treasurer	0.50	Director	$0	$0	$0
DEBRA WILSON	Director	0.50	Director	$0	$0	$0
GARY FRY	Director	0.50	Director	$0	$0	$0
NORMA CASAS	Director	4.50	Director	$0	$0	$0
JOSEPH BIANCHI	Director	0.50	Director	$0	$0	$0
ED WILKES	Director	0.50	Director	$0	$0	$0
MATT CAMERON	Director	0.50	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	$606,884	$510,492	$638,459	$96,392
2022	$467,472	$396,820	$554,066	$70,652
2021	$335,579	$315,499	$495,414	$20,080
2020	$327,937	$316,037	$475,326	$11,900
2019	$358,833	$340,917	$473,705	$17,916
2018	$334,074	$351,858	$455,750	$-17,784

Vida Nueva Ministries Inc