Reach Ministries (EIN 760543868) - 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

1997

Legal Domicile

Principal Officer

John Sherrill

Phone

2814196000

Tax Period

2024-01-01 to 2024-12-31

Reach Ministries, founded in 1997, is a small nonprofit in the Religion sector that reported $352K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

Reach is a multidemoninational ministry that finds unity in the essentials. Reach Mininstries hosts conferences, evenings of worship, and teaching for students and adults. The goal is to spread the message 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 (2024)

Revenue Breakdown

Contributions & Grants $50,338

Program Service Revenue $302,124

Investment Income $0

Other Revenue $0

TOTAL REVENUE $352,462

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $312,968

Other Expenses $350,294

TOTAL EXPENSES $350,294

Year-over-Year Comparison

	2024	2023	Change
Revenue	$352,462	$276,455	+0.3%
Expenses	$350,294	$269,227	+0.3%
Net Income	$2,168	$7,228	-0.7%

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

N/A

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

$21,399

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Sherrill	President	8.00	Officer	$0	$0	$21,399
Kelly Sherrill	Secretary/Treasurer	3.00	Officer	$0	$0	$0
Allen Tarbutton	Officer	1.00	Officer	$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	$352,462	$350,294	$40,811	$2,168
2023	$276,455	$269,227	$28,984	$7,228
2022	$179,012	$176,063	$13,535	$2,949
2021	$182,948	$184,191	$9,004	$-1,243
2020	$40,155	$84,646	$14,759	$-44,491
2018	$231,044	$222,881	$19,408	$8,163

Reach Ministries