LIGHT THE WAY MINISTRY (EIN 815399575) - 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

JOHN WILSON

Phone

4173191338

Tax Period

2023-01-01 to 2023-12-31

LIGHT THE WAY MINISTRY, founded in 2017, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 135% from the prior year, signaling strong growth momentum. Expenses of $908K left a modest 13% surplus.

Mission

CONDUCT AN OUTREACH MINISTRY THAT WILL PREACH THE GOSPEL THROUGH CHRISTIAN MUSIC FESTIVALS.

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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 $730,951

Program Service Revenue $341,241

Investment Income $8,948

Other Revenue $-35,062

TOTAL REVENUE $1,046,078

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,299

Fundraising Expenses $0

Program Expenses $687,679

Other Expenses $781,501

TOTAL EXPENSES $907,800

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,046,078	$445,922	+1.3%
Expenses	$907,800	$573,637	+0.6%
Net Income	$138,278	$-127,715	-2.1%

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

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

Total Directors

$50,911

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN WILSON	DIRECTOR	40.00	Director	$50,911	$0	$50,911
JAMES GRIFFIN	PRESIDENT	5.00	Officer	$0	$0	$0
JASON NOBLE	VICE PRESIDENT	5.00	Officer	$0	$0	$0
MISTY SWANSON	SECRETARY/TREASURER	5.00	Officer	$0	$0	$0
AMY ACKERS	MEMBER	5.00	Officer	$0	$0	$0
SARA FORHETZ	MEMBER	5.00	Officer	$0	$0	$0
KYLE VENTI	MEMBER	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
2024	No data	No data	No data	No data
2023	$1,046,078	$907,800	$547,059	$138,278
2022	$445,922	$573,637	$373,284	$-127,715
2021	$607,412	$524,339	$501,875	$83,073
2020	$59,819	$146,227	$122,101	$-86,408
2019	$343,399	$383,558	$29,796	$-40,159

LIGHT THE WAY MINISTRY