I AM OUTREACH MINISTRIES INC (EIN 811422533) - 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

2016

Principal Officer

WILLIAM BRENT SELLERS

Phone

9104096007

Tax Period

2024-01-01 to 2024-12-31

I AM OUTREACH MINISTRIES INC, founded in 2016, is a small nonprofit in the Religion sector that reported $233K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $259K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE SPECIFIC PURPOSE FOR WHICH THE CORPORATION IS INITIALLY ORGANIZED IS TO ESTABLISH AND OVERSEE PLACES OF WORSHIP, CONDUCT THE WORK OF EVANGELISM, CREATE DEPARTMENTS NECESSARY TO SUPPORT MISSIONARY ACTIVITIES AND TO LICENSE AND ORDAIN MINISTERS OF THE GOSPEL AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE, OR WHICH ARE INCIDENTAL THERETO OR CONNECTED THEREWITH WHICH ARE CONSISTENT WITH SECTION 201(C)(3) OF THE INTERNAL REVENUE CODE.

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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 $222,581

Program Service Revenue $0

Investment Income $10,503

Other Revenue $0

TOTAL REVENUE $233,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,600

Fundraising Expenses $0

Program Expenses $259,212

Other Expenses $224,612

TOTAL EXPENSES $259,212

Year-over-Year Comparison

	2024	2023	Change
Revenue	$233,084	$263,878	-0.1%
Expenses	$259,212	$230,595	+0.1%
Net Income	$-26,128	$33,283	-1.8%

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

N/A

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

$34,600

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
WILLIAM BRENT SELLERS	Executive Dir.	Director	$24,100	$0	$24,100
LORRIE SELLERS	Vice President	Director	$10,500	$0	$10,500
WILLIAM WOODWORTH	President	Director	$0	$0	$0
JEFFREY KEARNEY	Director	Director	$0	$0	$0
JOSEPH BAILEY	Director	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
2025	No data	No data	No data	No data
2024	$233,084	$259,212	$436,286	$-26,128
2023	$263,878	$230,595	$428,315	$33,283

I AM OUTREACH MINISTRIES INC