NATIONAL ASSOCIATION OF FAMILY MINISTRIES (EIN 770477744) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

KEN CANFIELD

Phone

9139087285

Tax Period

2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION OF FAMILY MINISTRIES, founded in 1999, is a micro nonprofit in the Religion sector that reported $28K in total revenue in fiscal year 2018. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $518K exceeded revenue, resulting in a 1751% operating deficit.

Mission

TO VALIDATE AND EMPOWER GRANDPARENTS TO BE PROACTIVE IN THEIR COMMITMENT TO FUTURE GENERATIONS AND LEAVE A POSITIVE LEGACY. IN ADDITION TO THE QUANTITATIVE DATA, WE HAVE INCLUDED QUALITATIVE DATA BASED ON INTERVIEWS AND QUESTIONNAIRES. QUALITATIVE DATA IS OFTEN ROOTED IN PERSONAL EXPERIENCES AND ACCUMULATED WISDOM.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $135,541

Program Service Revenue $0

Investment Income $-107,335

Other Revenue $0

TOTAL REVENUE $28,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $133,961

Other Expenses $133,961

TOTAL EXPENSES $133,961

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,206	$97,877	-0.7%
Expenses	$133,961	$94,021	+0.4%
Net Income	$-105,755	$3,856	-28.4%

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

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
KEN CANFIELD	CHAIRMAN	20.00	Officer Director	$0	$0	$0
GRANT GOODWIN	SECRETARY/TR	0.50	Officer Director	$0	$0	$0
LEE STEDMAN	AT LARGE	0.50	Director	$0	$0	$0
ROGER FORD	AT LARGE	0.50	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
2023	$28,206	$133,961	$30,695	$-105,755
2021	$89,764	$93,608	$805,258	$-3,844
2020	$94,647	$91,131	$789,102	$3,516
2019	$107,600	$107,600	$785,586	No data
2018	$27,974	$517,878	$785,586	$-489,904

NATIONAL ASSOCIATION OF FAMILY MINISTRIES