MIKE HAYES MINISTRIES (EIN 752529118) - 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

MIKE HAYES

Phone

9724165466

Tax Period

2023-01-01 to 2023-12-31

MIKE HAYES MINISTRIES, founded in 1993, is a small nonprofit in the Religion sector that reported $536K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $717K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO SPREAD THE GOSPEL OF JESUS 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 $506,825

Program Service Revenue $0

Investment Income $23,333

Other Revenue $6,073

TOTAL REVENUE $536,231

Expense Breakdown

Grants Paid $43,674

Salaries & Benefits $391,342

Fundraising Expenses $21,279

Program Expenses $659,452

Other Expenses $281,823

TOTAL EXPENSES $716,839

Year-over-Year Comparison

	2023	2022	Change
Revenue	$536,231	$437,811	+0.2%
Expenses	$716,839	$158,891	+3.5%
Net Income	$-180,608	$278,920	-1.6%

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

N/A

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

$390,263

Total Directors

$390,263

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE HAYES	PRESIDENT/DI	40.00	Officer Director	$360,090	$10,385	$370,475
ELIZABETH HAYES	VICE PRES/DI	1.00	Officer Director	$14,250	$0	$14,250
JEREMY DORMAN	SECRETARY/DI	1.00	Officer Director	$5,538	$0	$5,538

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	$536,231	$716,839	$605,874	$-180,608
2022	$437,811	$158,891	$785,715	$278,920
2022	$237,745	$158,891	$585,649	$78,854
2021	$343,922	$132,277	$510,795	$211,645
2019	$217,728	$238,404	$388,745	$-20,676
2018	$306,383	$224,907	$409,220	$81,476

MIKE HAYES MINISTRIES