ABEL MINISTRIES INC (EIN 823510466) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

PAMLA VANDUSSELDORP

Phone

3346143132

Tax Period

2024-01-01 to 2024-12-31

ABEL MINISTRIES INC, founded in 2017, is a small nonprofit in the Religion sector that reported $281K in total revenue in fiscal year 2021. The organization ran a surplus of $102K, a strong 37% operating margin.

Mission

TO HELP OTHERS MAKE LIFE CHANGES FOR A FULL RESTORATION AND TO PROMOTE SOCIAL, BENEVOLENT AND CHARITABLE WORKS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $627,510

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $627,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $222,444

Fundraising Expenses $0

Program Expenses $563,724

Other Expenses $341,280

TOTAL EXPENSES $563,724

Year-over-Year Comparison

	2024	2023	Change
Revenue	$627,510	$419,758	+0.5%
Expenses	$563,724	$393,999	+0.4%
Net Income	$63,786	$25,759	+1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAMLA VANDUSSELDORP	PRESIDENT	40.00	Officer Director	$0	$0	$0
JOSHUA VANDUSSELDORP	DIRECTOR	25.00	Director	$0	$0	$0
DR RODNEY D HERRING	DIRECTOR	2.00	Director	$0	$0	$0
KAREN B HERRING	SECRETARY	2.00	Director	$0	$0	$0
TROY SIMMS	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER SIMMS	DIRECTOR	2.00	Director	$0	$0	$0
DR ROBERT GAMOTIS	DIRECTOR	2.00	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	$627,510	$563,724	$321,825	$63,786
2023	$419,758	$393,999	$293,744	$25,759
2022	$250,082	$279,621	$288,706	$-29,539
2021	$280,706	$178,241	$314,881	$102,465

ABEL MINISTRIES INC