Psalm 823 Mission Inc

EIN: 812657996 501(c)(3) International Affairs

Lexington, KY

Total Revenue
$993,510
Total Expenses
$897,415
Total Assets
$313,762
Net Assets
$308,682
🔒

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

Phone
8595372634
Tax Period
2024-07-01 to 2025-06-30

Psalm 823 Mission Inc is a small nonprofit in the International Affairs sector that reported $994K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $897K left a modest 10% surplus.

Mission

The mission has served in the community at large by buying mattresses, providing food, building mud homes for widows, and expanded to serving the blind communities in our area. Psalm 82:3 Mission completed the construction of a new church structure, broke ground on the future medical clinic, purchased the first Land Cruiser, shipped their first full container, and made several improvements on ground like a mechanic shed, foster home outdoor kitchen, and expanded the ag focus to also include fruit trees.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $993,510
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $993,510

Expense Breakdown

Grants Paid $651,132
Salaries & Benefits $138,595
Fundraising Expenses $70,115
Program Expenses $775,467
Other Expenses $107,688
TOTAL EXPENSES $897,415

Year-over-Year Comparison

2024 2023 Change
Revenue $993,510 $744,419 +0.3%
Expenses $897,415 $712,699 +0.3%
Net Income $96,095 $31,720 +2.0%
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
8
Independent Members
N/A
Employees
2
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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Greg Kasten Treasurer 5.00
Director
$0 $0 $0
Julie Lindemuth Vice President 5.00
Director
$0 $0 $0
Shawn Taylor Director 5.00
Director
$0 $0 $0
Mark Stanley Director 5.00
Director
$0 $0 $0
Mark Ellis Director 0.00
Director
$0 $0 $0
Matt Lee Executive Dir. 60.00
Officer
$0 $0 $0
Chip West Chairman 10.00
Officer
$0 $0 $0
Elizabeth Lin Secretary 5.00
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 $993,510 $897,415 $313,762 $96,095
2024 $744,419 $712,699 $223,546 $31,720
2022 $265,090 $302,521 $207,469 $-37,431
2021 $649,958 $604,430 $233,853 $45,528
2020 $414,095 $334,681 $188,326 $79,414
Explore More Nonprofits
Top 100 Nonprofits in Kentucky Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Psalm 823 Mission Inc with other nonprofits in Kentucky and across the country.