THE MINISTRY OF THE KORDADA INC (EIN 824117318) - 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

2018

Legal Domicile

Principal Officer

JENNIFER TIGHE

Phone

3108541114

Tax Period

2019-01-01 to 2019-12-31

THE MINISTRY OF THE KORDADA INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $238K in total revenue in fiscal year 2019. Revenue surged 226% from the prior year, signaling strong growth momentum. The organization ran a surplus of $84K, a strong 35% operating margin.

Mission

THE MINISTRY OF THE KORDADA INC. IS A COLLABORATIVE EFFORT OF THE WEIRD AND WONDERFUL, INTENDED TO DRAW ATTENTION TO, REVITALIZE, AND PARTNER AND FLOURISH WITH, LOCAL ARTISTIC ENCLAVES AND FORGOTTEN PEOPLES AROUND THE WORLD. TMOK WAS BORN OUT OF THE DESIRE BY A SMALL GROUP OF LOS ANGELINOS TO BREATH LIFE, ART, AND BEAUTY BACK INTO A DISTRESSED COMMUNITY, BOMBAY BEACH, CA.

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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 (2019)

Revenue Breakdown

Contributions & Grants $237,792

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $237,792

Expense Breakdown

Grants Paid $8,442

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,015

Other Expenses $145,611

TOTAL EXPENSES $154,053

Year-over-Year Comparison

	2019	2018	Change
Revenue	$237,792	$72,974	+2.3%
Expenses	$154,053	$67,095	+1.3%
Net Income	$83,739	$5,879	+13.2%

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

N/A

Volunteers

100

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
JENNIFER TIGHE	TREASURER	10.00	Officer Director	$0	$0	$0
LAUREN BRAND	SECRETARY	10.00	Officer Director	$0	$0	$0
STEFAN ASHKENAZY	DIRECTOR	10.00	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
2019	$237,792	$154,053	$143,419	$83,739

THE MINISTRY OF THE KORDADA INC