INTERFAITH MINISTRIES OF DENTON INC (EIN 752442459) - 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

1993

Legal Domicile

Principal Officer

Keri Caruthers

Phone

9405665927

Tax Period

2023-01-01 to 2023-12-31

INTERFAITH MINISTRIES OF DENTON INC, founded in 1993, is a small nonprofit in the Community Improvement sector that reported $610K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $532K left a modest 13% surplus.

Mission

Interfaith Minstries provides short-term assistance to individuals and families in need.

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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 $606,776

Program Service Revenue $0

Investment Income $3,232

Other Revenue $0

TOTAL REVENUE $610,008

Expense Breakdown

Grants Paid $323,340

Salaries & Benefits $154,732

Fundraising Expenses $26,476

Program Expenses $480,219

Other Expenses $53,994

TOTAL EXPENSES $532,066

Year-over-Year Comparison

	2023	2022	Change
Revenue	$610,008	$412,973	+0.5%
Expenses	$532,066	$505,961	+0.1%
Net Income	$77,942	$-92,988	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rev Kenneth D Davis	Treasurer	2.00	Officer Director	$0	$0	$0
Mia Price	Director	2.00	Director	$0	$0	$0
Loyce K Wilson	Director	2.00	Director	$0	$0	$0
Laynette Barnard	Director	2.00	Director	$0	$0	$0
Tracy Runnels	Board Chair	0.00	Officer Director	$0	$0	$0
Oliva Jeffers	Vice President	0.00	Officer Director	$0	$0	$0
Diana Leggett	Secretary	0.00	Officer Director	$0	$0	$0
Michael Bradshaw	Director	0.00	Director	$0	$0	$0
John Knowles	Director	0.00	Director	$0	$0	$0
Bridget Jaecks	Director	0.00	Director	$0	$0	$0
Angela Bewer Isma	Director	0.00	Director	$0	$0	$0
Fara Francis-Eusea	Director	0.00	Director	$0	$0	$0
Alison Maguire	Director	0.00	Director	$0	$0	$0
Beverly Tookey	Director	0.00	Director	$0	$0	$0
Condell Garden	Executive Director	50.00		$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	$610,008	$532,066	$588,673	$77,942
2022	$412,973	$505,961	$508,721	$-92,988
2021	$464,613	$404,172	$586,805	$60,441
2020	$487,271	$429,089	$528,795	$58,182
2019	$421,947	$449,623	$479,214	$-27,676
2019	$401,631	$430,021	$481,816	$-28,390
2018	$449,995	$456,373	$504,050	$-6,378

INTERFAITH MINISTRIES OF DENTON INC