Higher Power Automotive Ministries Inc (EIN 813243497) - 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

Legal Domicile

Principal Officer

Matthew Carlson

Phone

7019362225

Tax Period

2025-01-01 to 2025-12-31

Higher Power Automotive Ministries Inc, founded in 2016, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

Our mission is to repair vehicles for those in need and to provide vehicles at no charge to individuals referred by service agencies supported by donations

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,219,422

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,219,422

Expense Breakdown

Grants Paid $1,013,423

Salaries & Benefits $317,813

Fundraising Expenses $7,734

Program Expenses $1,013,423

Other Expenses $29,984

TOTAL EXPENSES $1,361,220

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,219,422	$1,127,321	+0.1%
Expenses	$1,361,220	$964,708	+0.4%
Net Income	$-141,798	$162,613	-1.9%

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

150

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	Role	Reportable Comp	Other Comp	Total
STEPHEN DORSEY	Board Member	Director	$0	$0	$0
MATTHEW CARLSON	President	Officer	$0	$0	$0
JEREMY JENSEN	Vice President	Officer	$0	$0	$0
TOMMY LEE	Project Coordinator	Highest	$0	$0	$0
HOWARD FULKS	Treasurer	Officer	$0	$0	$0
STEVE YSTEBO	Development Director	Key Emp	$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	$1,219,422	$1,361,220	$240,370	$-141,798
2024	$1,127,321	$964,708	$413,603	$162,613
2023	$626,856	$581,141	$138,715	$45,715
2022	$574,989	$593,191	$144,841	$-18,202
2021	$454,311	$324,833	$163,188	$129,478
2020	$343,540	$244,504	$179,576	$99,036
2018	$247,811	$218,927	$57,155	$28,884

Higher Power Automotive Ministries Inc