OIL OF JOY MINISTRIES

EIN: 800057615 501(c)(3) Religion

LYNNWOOD, WA

Total Revenue
$327,522
Total Expenses
$310,968
Total Assets
$63,050
Net Assets
$62,487
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Principal Officer
VIRGINIA J MEIER
Phone
3604890657
Tax Period
2025-01-01 to 2025-12-31

OIL OF JOY MINISTRIES, founded in 2003, is a small nonprofit in the Religion sector that reported $328K in total revenue in fiscal year 2025. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $311K left a modest 5% surplus.

Mission

CHRISTIAN SERVICES WHICH INCLUDE PRAISE AND WORSHIP TO THE LORD JESUS THROUGH SONGS AND MUSIC, PRAYER, TEACHING AND PREACHING OF THE GOSPEL. THE MINISTRY BUILT CHURCHES, ORPHANAGES, AND DRILLED WELLS IN INDIA. THE MINISTRY HAS FOUND SPONSORSHIPS FOR THE ORPHANS AND PASTORS IN INDIA.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $303,735
Program Service Revenue $23,786
Investment Income $1
Other Revenue $0
TOTAL REVENUE $327,522

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $264,323
Other Expenses $310,968
TOTAL EXPENSES $310,968

Year-over-Year Comparison

2025 2024 Change
Revenue $327,522 $245,479 +0.3%
Expenses $310,968 $235,623 +0.3%
Net Income $16,554 $9,856 +0.7%
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

Sign In

Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIRGINIA J MEIER PRESIDENT 1.00
Officer Director
$0 $0 $0
ANNA THOMAS TREASURER 1.00
Officer
$0 $0 $0
PASTOR WILLIAM WOLFSON V.P./MINISTE N/A
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
2025 $327,522 $310,968 $63,050 $16,554
2024 $245,479 $235,623 $46,126 $9,856
2023 $211,744 $218,910 $36,504 $-7,166
2021 $217,159 $237,142 $74,999 $-19,983
2020 $244,024 $219,546 $94,472 $24,478
2019 $299,182 $301,752 $72,111 $-2,570
2018 $309,136 $271,681 $72,805 $37,455
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare OIL OF JOY MINISTRIES with other nonprofits in Washington and across the country.