AKONDA MINISTRIES INC

EIN: 822440948 501(c)(3) International Affairs

LAWRENCEBURG, KY

Total Revenue
$336,564
Total Expenses
$335,483
Total Assets
$42,611
Net Assets
$42,611
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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
KY
Principal Officer
NATHAN WINGFELD
Phone
5024395464
Tax Period
2025-01-01 to 2025-12-31

AKONDA MINISTRIES INC, founded in 2017, is a small nonprofit in the International Affairs sector that reported $337K in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year.

Mission

AKONDA MINISTRIES STRIVES TO PROVIDE FAITH-BASED HUMANITARIAN AID AND PERFORM MISSIONARY WORK IN MALAWI, AFRICA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $336,564
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $336,564

Expense Breakdown

Grants Paid $217,731
Salaries & Benefits $26,391
Fundraising Expenses $18,698
Program Expenses $297,662
Other Expenses $91,361
TOTAL EXPENSES $335,483

Year-over-Year Comparison

2025 2024 Change
Revenue $336,564 $375,284 -0.1%
Expenses $335,483 $355,006 -0.1%
Net Income $1,081 $20,278 -0.9%
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

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
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
3
$26,390
Total Directors
4
$26,390
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHAN WINGFELD PRESIDENT 40.00
Officer Director
$26,390 $0 $26,390
JUSTIE WINGFELD DIRECTOR 40.00
Director
$0 $0 $0
JEFF SUMMAY TREASURER 10.00
Officer Director
$0 $0 $0
ROBERY CARNEY VICE PRESIDENT 1.00
Officer 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
2025 $336,564 $335,483 $42,611 $1,081
2024 No data No data No data No data
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