PASSION & FIRE MINISTRIES INC (EIN 815121189) - 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

2017

Legal Domicile

Principal Officer

BRIAN SIMMONS

Phone

2036870386

Tax Period

2023-01-01 to 2023-12-31

PASSION & FIRE MINISTRIES INC, founded in 2017, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $999K left a modest 13% surplus.

Mission

CONDUCT WORSHIP SERVICES, ADMINISTER SACRAMENTS, CONDUCT BIBLE CLASSES, SEMINARS, AND CONFERENCES, CONSULT CHURCHES, CONSULT CHURCH LEADERSHIP TEAMS, DISTRIBUTE BIBLES AND RELIGIOUS MATERIALS, SUPPORT ORPHANAGES, MINISTRY TO THE POOR, MISSIONARY WORK, AND OTHER CHARITABLE RELIGIOUS ACTIVITIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $738,556

Program Service Revenue $325,800

Investment Income $704

Other Revenue $77,099

TOTAL REVENUE $1,142,159

Expense Breakdown

Grants Paid $90,892

Salaries & Benefits $303,442

Fundraising Expenses $0

Program Expenses $569,633

Other Expenses $604,513

TOTAL EXPENSES $998,847

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,142,159	$1,296,306	-0.1%
Expenses	$998,847	$919,630	+0.1%
Net Income	$143,312	$376,676	-0.6%

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

Employees

Volunteers

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

$236,485

Total Directors

$236,485

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV BRIAN SIMMONS	PRESIDENT	60.00	Officer Director	$109,554	$0	$109,554
REV CANDICE SIMMONS	SECRETARY/TREASURER	60.00	Officer Director	$126,931	$0	$126,931
SCOTT PITMAN	TRUSTEE	1.00	Director	$0	$0	$0
MICHELLE PITMAN	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH CORLEY	TRUSTEE	1.00	Director	$0	$0	$0
MARANATHA CORLEY	TRUSTEE	1.00	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
2024	No data	No data	No data	No data
2023	$1,142,159	$998,847	$2,279,199	$143,312
2022	$1,296,306	$919,630	$2,143,705	$376,676
2021	$1,190,080	$856,339	$1,755,559	$333,741
2020	$1,223,088	$817,401	$1,449,304	$405,687
2019	$1,311,992	$733,167	$1,067,793	$578,825
2018	$1,147,160	$945,071	$490,114	$202,089

PASSION & FIRE MINISTRIES INC