MATTHEW'S HOUSE MINISTRY

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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

Principal Officer

C GEORGE WERKEMA

Phone

6162333006

Tax Period

2023-01-01 to 2023-12-31

MATTHEW'S HOUSE MINISTRY, founded in 2008, is a small nonprofit in the Human Services sector that reported $698K in total revenue in fiscal year 2023. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $210K, a strong 30% operating margin.

Mission

MATTHEW'S HOUSE MINISTRY PROVIDES MEN, WOMEN AND CHILDREN WITH A SAFE ENVIRONMENT, PROGRAMS, AND SERVICES TO PROMOTE SELF SUFFICIENCY AND INDEPENDENCE TO END THE CYCLE OF HOMELESSNESS AND POVERTY.

Program Service Accomplishments

Program 1

Expenses: $434,825 Revenue: $38,969

THE MINISTRY PROVIDES TEMPORARY HOUSING FOR MEN AND WOMEN, PROVIDES FREE WARM MEALS TO ABOUT 40-50 PEOPLE MONDAY THROUGH FRIDAY EACH WEEK, AND HAS A FOOD PANTRY.

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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 $658,927

Program Service Revenue $38,969

Investment Income $232

Other Revenue $0

TOTAL REVENUE $698,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,293

Fundraising Expenses $1,143

Program Expenses $434,825

Other Expenses $340,418

TOTAL EXPENSES $487,711

Year-over-Year Comparison

	2023	2022	Change
Revenue	$698,128	$369,360	+0.9%
Expenses	$487,711	$239,865	+1.0%
Net Income	$210,417	$129,495	+0.6%

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

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

$42,338

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
C GEORGE WERKEMA	EXECUTIVE DI	50.00	Officer	$42,338	$0	$42,338
BILL BETTYS	TRUSTEE	1.00	Director	$0	$0	$0
CHERYL ROBINSON CPA	TREASURER	1.00	Officer Director	$0	$0	$0
BOB GOEMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
LARRY GROGGEL	TRUSTEE	1.00	Director	$0	$0	$0
ANDREA KOBER	SECRETARY	1.00	Officer Director	$0	$0	$0
TIM SWINEY	TRUSTEE	1.00	Director	$0	$0	$0
KEN SZCZEPANEK	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES WALKER	TRUSTEE	1.00	Director	$0	$0	$0
BOB WOUDSTRA	TRUSTEE	1.00	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	$698,128	$487,711	$1,059,707	$210,417
2022	$369,360	$239,865	$822,443	$129,495
2021	$357,825	$210,720	$692,203	$147,105
2020	$368,234	$274,340	$578,787	$93,894
2019	$282,151	$166,595	$448,485	$115,556
2018	$176,453	$159,940	$329,464	$16,513