HARVEST FIELD MINISTRIES INC

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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

2008

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

HARVEST FIELD MINISTRIES INC, founded in 2008, is a small nonprofit in the International Affairs sector that reported $126K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

HARVEST FIELD MINISTRY IS A NON-PROFIT, CHRISTIAN ORGANIZATION COMMITTED TO MEETING THE SPIRITUAL, PHYSICAL AND EDUCATIONAL NEEDS OF CHILDREN AND FAMILIES IN THE IMPROVERISHED COUNTRY OF HAITI.

Program Service Accomplishments

Program 1

Expenses: $107,654

PROVIDED MDICAL AND DENTAL CARE TO FAMILIES. FACILITATED MALNUTRITION CARE FOR CHILDREN DIAGNOSED WITH SEVERE MALNUTRITION. ORGANIZED AND FACILITED PASTOR TRAINING SEMINARS FOR CHURCH LEADERS...

PROVIDED MDICAL AND DENTAL CARE TO FAMILIES. FACILITATED MALNUTRITION CARE FOR CHILDREN DIAGNOSED WITH SEVERE MALNUTRITION. ORGANIZED AND FACILITED PASTOR TRAINING SEMINARS FOR CHURCH LEADERS. PROVIDED WEEK LONG BIBLE SCHOOLS TO CHILDREN. FUNDED A RESIDENTAL CHILDRENS HOME THAT CARES FOR ORPHANED OR ABANDONED CHILDREN. PROVIDED A TUITION FREE EDUCATION TO CHILDREN. PROVIDED FOOD, MEDICAL CARE, AND HOUSING REPAIRS / UPGRADES TO ELDERLY WIDOWS AND FAMILIES OF CHILDREN WITH SPECIAL NEEDS.

Program 2

Expenses: $13,462

IN 2023 HARVEST ASSISTED THE HATIAN PASTER RELOCATE TO THE US DUE TO SAFETY CONCERNS IN THE COUNTRY OF HAITI FOR HIM AND HIS FAMILY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $103,624

Program Service Revenue $0

Investment Income $22,209

Other Revenue $0

TOTAL REVENUE $125,833

Expense Breakdown

Grants Paid $107,428

Salaries & Benefits $8,439

Fundraising Expenses $0

Program Expenses $121,116

Other Expenses $13,854

TOTAL EXPENSES $129,721

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,833	$79,688	+0.6%
Expenses	$129,721	$93,721	+0.4%
Net Income	$-3,888	$-14,033	-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

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
CAROL STOUT	BOARD MEMBER	3.00	Director	$0	$0	$0
KAREN SCOTT	BOARD MEMBER	3.00	Director	$0	$0	$0
COLBY DORCELY	BOARD MEMBER	0.00	Director	$0	$0	$0
SCOTT WARWICK	BOARD MEMBER	3.00	Director	$0	$0	$0
MATT JERNIGAN	BOARD MEMBER	3.00	Director	$0	$0	$0
TIMOTHY CARR	BOARD MEMBER	3.00	Director	$0	$0	$0
BRIAN LLOYD	BOARD MEMBER	3.00	Director	$0	$0	$0
THOMAS HASKINS	BOARD MEMBER	3.00	Director	$0	$0	$0
GREG BLACKMON	BOARD MEMBER PRESIDENT	3.00	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	No data	No data	No data	No data
2023	$125,833	$129,721	$69,959	$-3,888
2022	$79,688	$93,721	$73,847	$-14,033
2021	$108,001	$114,061	$87,880	$-6,060
2020	$102,055	$117,558	$93,940	$-15,503
2019	$141,697	$152,914	$109,443	$-11,217
2018	$367,088	$392,619	$120,660	$-25,531