BOB KING MINISTRIES

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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

1980

Legal Domicile

Principal Officer

Robert L King Jr

Phone

8308720047

Tax Period

2023-07-01 to 2024-06-30

BOB KING MINISTRIES, founded in 1980, is a small nonprofit that reported $218K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $193K left a modest 12% surplus.

Mission

Proclamation of the Gospel of Jesus Christ and the care of needy children with aid given through evangelism by medical missionaries.

Program Service Accomplishments

Program 1

Expenses: $172,611

Proclamation of the Gospel of Jesus Christ and the care of needy children.

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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 $220,384

Program Service Revenue $0

Investment Income $0

Other Revenue $-2,127

TOTAL REVENUE $218,257

Expense Breakdown

Grants Paid $73,313

Salaries & Benefits $40,368

Fundraising Expenses $0

Program Expenses $172,611

Other Expenses $79,219

TOTAL EXPENSES $192,900

Year-over-Year Comparison

	2023	2022	Change
Revenue	$218,257	$148,875	+0.5%
Expenses	$192,900	$180,851	+0.1%
Net Income	$25,357	$-31,976	-1.8%

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

$16,519

Total Directors

$37,426

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cindy Hall	Director	40.00	Director	$20,907	$0	$20,907
Betty L King	Vice President	20.00	Officer Director	$13,909	$0	$13,909
Robert L King Jr	President	20.00	Officer Director	$2,610	$0	$2,610
Randall Barnett	Treasurer	1.00	Officer Director	$0	$0	$0
Kay Barnett	Secretary	1.00	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	$218,257	$192,900	$407,328	$25,357
2020	$448,484	$190,651	$448,866	$257,833
2019	$259,217	$232,597	$184,888	$26,620