Nitrogen Network Ministries Inc

EIN: 815088906 501(c)(3) Religion

Grand Rapids, MI

Total Revenue
$58,191
Total Expenses
$65,706
Total Assets
$2,432
Net Assets
$2,432
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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
2017
Legal Domicile
MI
Principal Officer
Phillip Struckmeyer
Phone
3173150158
Tax Period
2018-01-01 to 2018-12-31

Nitrogen Network Ministries Inc, founded in 2017, is a micro nonprofit in the Religion sector that reported $58K in total revenue in fiscal year 2018. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $66K exceeded revenue, resulting in a 13% operating deficit.

Mission

Operate solely and exclusively for charitable religious, educational, literary purposes. Provide distributions to organizations that qualify as an exempt organization under section 501c3

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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 (2018)

Revenue Breakdown

Contributions & Grants $58,191
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $58,191

Expense Breakdown

Grants Paid $6,904
Salaries & Benefits $30,537
Fundraising Expenses $0
Program Expenses $65,706
Other Expenses $28,265
TOTAL EXPENSES $65,706

Year-over-Year Comparison

2018 2017 Change
Revenue $58,191 $82,973 -0.3%
Expenses $65,706 $73,026 -0.1%
Net Income $-7,515 $9,947 -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

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Governance

Voting Members
6
Independent Members
6
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
6
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Phillip Struckmeyer Co-President 040.00
Officer Key Emp Highest
$0 $0 $0
Troy Evans Co-President 020.00
Officer
$0 $0 $0
Sterling Massey Secretary 005.00
Officer
$0 $0 $0
Jim Versluys Treasurer 005.00
Officer
$0 $0 $0
John Pollock Member at Large 001.00
Officer
$0 $0 $0
Cindy Wessel Member at Large 001.00
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
2018 $58,191 $65,706 $2,432 $-7,515
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