THE HEALING PATH MINISTRIES INC (EIN 821709938) - 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

DAVID ALVAREZ

Phone

4084999656

Tax Period

2024-01-01 to 2024-12-31

THE HEALING PATH MINISTRIES INC, founded in 2017, is a small nonprofit in the Religion sector that reported $154K in total revenue in fiscal year 2024. The organization ran a surplus of $27K, a strong 18% operating margin.

Mission

HEALING PATH MINISTRIES' PURPOSE IS TO SERVE & MOTIVATE THE LOCAL AND GLOBAL CHRISTIAN COMMUNITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $140,140

Program Service Revenue $12,175

Investment Income $1,606

Other Revenue $0

TOTAL REVENUE $153,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,200

Fundraising Expenses $22,348

Program Expenses $79,716

Other Expenses $17,447

TOTAL EXPENSES $126,647

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,921	$156,165	0.0%
Expenses	$126,647	$138,950	-0.1%
Net Income	$27,274	$17,215	+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

$109,200

Total Directors

$109,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID ALVAREZ	PRESIDENT	40.00	Officer Director	$87,600	$21,600	$109,200
GRANT JENKS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JEANINE-CARSON MCCREARY	SECRETARY & TREASURER	7.00	Officer Director	$0	$0	$0
MICHAEL DUNN	DIRECTOR	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	$153,921	$126,647	$380,754	$27,274
2023	$156,165	$138,950	$353,605	$17,215
2022	$153,661	$142,431	$331,190	$11,230
2021	$159,557	$111,788	$325,110	$47,769
2020	$132,823	$103,653	$270,012	$29,170
2019	$112,622	$98,379	$240,211	$14,243
2018	$166,474	$91,023	$226,175	$75,451

THE HEALING PATH MINISTRIES INC