BASIC MINISTRIES INC (EIN 752624119) - 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

1994

Legal Domicile

Principal Officer

STAN FIKES

Phone

2142428951

Tax Period

2019-01-01 to 2019-12-31

BASIC MINISTRIES INC, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $285K in total revenue in fiscal year 2019. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $157K, a strong 55% operating margin.

Mission

MISSIONARY WORK & HUMANITARIAN RELIEF

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $281,500

Program Service Revenue $0

Investment Income $3,866

Other Revenue $0

TOTAL REVENUE $285,366

Expense Breakdown

Grants Paid $119,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $119,500

Other Expenses $8,512

TOTAL EXPENSES $128,012

Year-over-Year Comparison

	2019	2018	Change
Revenue	$285,366	$263,260	+0.1%
Expenses	$128,012	$346,821	-0.6%
Net Income	$157,354	$-83,561	-2.9%

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

N/A

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
STAN FIKES	P/T	20.00	Officer Director	$0	$0	$0
DEBORAH FIKES	Director	0.10	Director	$0	$0	$0
RICK HOFSTRA	Director	0.10	Director	$0	$0	$0
STACEY FIKES	Director	0.10	Director	$0	$0	$0
LINDSEY HOFSTRA	Secretary	2.00	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
2019	$285,366	$128,012	$278,575	$157,354
2018	$263,260	$346,821	$121,221	$-83,561

BASIC MINISTRIES INC