EPIC MINISTRY

EIN: 813171559 501(c)(3) Religion

KANEOHE, HI

Total Revenue
$431,213
Total Expenses
$331,949
Total Assets
$173,037
Net Assets
$165,016
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
HI
Principal Officer
MALCOLM JAY ZARA
Phone
8083540971
Tax Period
2023-07-01 to 2024-06-30

EPIC MINISTRY, founded in 2016, is a small nonprofit in the Religion sector that reported $431K in total revenue in fiscal year 2023. Revenue surged 403% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 23% operating margin.

Mission

EPIC MINISTRY EXISTS AS A PEER MINISTRY OF YOUNG ADULTS, AGES 18-39, WITH A DEEP DESIRE TO KNOW, LOVE, AND SERVE THE LORD. IN THE MIDST OF AN EVER- CHANGING AND EVER-EVOLVING GENERATION, EPIC MINISTRY STANDS TO BE A CONSTANT IN THE COMMUNAL FAITH LIFE OF ANY YOUNG ADULT IN SEARCH OF A CATHOLIC PEER COMMUNITY. WE SUPPORT EACH OTHER IN FAITH, PROMOTE AND UPHOLD THE TEACHINGS OF THE HOLY CATHOLIC CHURCH, AND PROVIDE OPPORTUNITIES TO ACTIVELY LIVE OUT OUR CALL AS DISCIPLES OF JESUS CHRIST IN OUR DAILY LIVES.

Program Service Accomplishments

Program 1
Expenses: $328,184 Revenue: $18,143

EPIC MINISTRY HAS BECOME ONE OF THE STRONGEST AND FASTEST GROWING CATHOLIC YOUNG ADULT MINISTRIES IN THE DIOCESE OF HONOLULU. AND THE AWESOME THING IS THAT THE SECRET TO THIS GROWTH IS NOT A SECRET...

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EPIC MINISTRY HAS BECOME ONE OF THE STRONGEST AND FASTEST GROWING CATHOLIC YOUNG ADULT MINISTRIES IN THE DIOCESE OF HONOLULU. AND THE AWESOME THING IS THAT THE SECRET TO THIS GROWTH IS NOT A SECRET AT ALL EPIC MINISTRY FIRMLY BELIEVES THAT A YOUNG ADULT COMMUNITY SHOULD NOT BE LIMITED BY GEOGRAPHICAL BOUNDARIES. BECAUSE OF THIS, EPIC MINISTRY HAS PARTNERED WITH YOUNG ADULT MINISTRIES AROUND THE DIOCESE TO PUT TOGETHER INCREDIBLE EVENTS THAT BRING TOGETHER YOUNG ADULTS FROM VARIOUS PARISHES. EPIC MINISTRY FIRMLY BELIEVES IN THE EUCHARIST AS THE SOURCE AND SUMMIT OF OUR MINISTRY AND OUR LIVES. UTILIZING THE MUSICAL TALENTS MANY OF OUR YOUNG ADULTS ARE KNOWN FOR, EPIC MINISTRY SPECIALIZES IN CREATING INSPIRING YOUNG ADULT PRAYER SERVICES AND LITURGIES. EPIC MINISTRY HAS DEVELOPED SEVERAL RETREATS THAT BALANCES PRAYER WITH RELAXATION. EPIC RETREATS AND MISSONS ARE MEANT TO TAKE ITS PARTICIPANTS AWAY FROM THE BUSYNESS OF LIFE AND ALLOW EACH PERSON TO SPEND QUALITY TIME WITH EACH OTHER AND WITH JESUS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $417,742
Program Service Revenue $18,143
Investment Income $1
Other Revenue $-4,673
TOTAL REVENUE $431,213

Expense Breakdown

Grants Paid $62,909
Salaries & Benefits $46,981
Fundraising Expenses $0
Program Expenses $328,184
Other Expenses $222,059
TOTAL EXPENSES $331,949

Year-over-Year Comparison

2023 2022 Change
Revenue $431,213 $85,773 +4.0%
Expenses $331,949 $63,106 +4.3%
Net Income $99,264 $22,667 +3.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
4
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
4
$18,750
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALLAS CARTER JR PRESIDENT 1.00
Officer Director
$0 $0 $0
LISA GOMES SECRETARY 1.00
Officer Director
$0 $0 $0
LISA SAKAMOTO TREASURER 1.00
Officer Director
$0 $0 $0
MELISSA KASIK DIRECTOR 1.00
Director
$0 $0 $0
MALCOLM JAY ZARA EXECUTIVE DI 40.00
Officer
$18,750 $0 $18,750
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 $431,213 $331,949 $173,037 $99,264
2023 $85,773 $63,106 $80,529 $22,667
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