Mission 24 Inc (EIN 760340198) - 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

Phone

8327678106

Tax Period

2024-01-01 to 2024-12-31

Mission 24 Inc is a small nonprofit in the Housing & Shelter sector that reported $366K in total revenue in fiscal year 2024.

Mission

To serve Christian ministries and ministries in transitioning into full-time ministers and support various ministries as they fulfill the great commission.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $366,197

Investment Income $0

Other Revenue $0

TOTAL REVENUE $366,197

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,193

Fundraising Expenses $0

Program Expenses $371,615

Other Expenses $297,199

TOTAL EXPENSES $373,392

Year-over-Year Comparison

	2024	2023	Change
Revenue	$366,197	$374,775	0.0%
Expenses	$373,392	$367,323	+0.0%
Net Income	$-7,195	$7,452	-2.0%

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

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

$50,639

Total Directors

$50,639

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brandon C Hoybach	Director	20.00	Officer Director	$44,639	$0	$44,639
Allison Hoybach	Director	4.00	Officer Director	$6,000	$0	$6,000
Robert Wells	Director	0.00	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	$366,197	$373,392	$63,618	$-7,195
2023	$374,775	$367,323	$70,808	$7,452
2022	$300,721	$308,976	$63,335	$-8,255
2021	$536,940	$538,795	$71,628	$-1,855
2020	$445,897	$448,785	$73,589	$-2,888
2019	$445,171	$502,166	$74,266	$-56,995
2018	$511,390	$509,763	$131,710	$1,627

Mission 24 Inc