HEALING TOUCH MINISTRIES INC

EIN: 824402320 501(c)(3) Religion

ODESSA, TX

Total Revenue
$100,097
Total Expenses
$86,730
Total Assets
$68,692
Net Assets
$68,692
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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

Principal Officer
EMILIO BUSTAMANTE
Phone
4323855626
Tax Period
2024-01-01 to 2024-12-31

HEALING TOUCH MINISTRIES INC is a small nonprofit in the Religion sector that reported $100K in total revenue in fiscal year 2024. Expenses of $87K left a modest 13% surplus.

Mission

A RELIGIOUS ORGANIZATION WHOSE PRIMARY PURPOSE IS TO BUILD CHURCHES, OPERATE CHILDRENS FEEDING PROGRAMS, AND SHELTERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $100,000
Program Service Revenue $0
Investment Income $97
Other Revenue $0
TOTAL REVENUE $100,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $86,730
Other Expenses $86,730
TOTAL EXPENSES $86,730

Year-over-Year Comparison

2024 2023 Change
Revenue $100,097 $103,299 0.0%
Expenses $86,730 $113,999 -0.2%
Net Income $13,367 $-10,700 -2.2%
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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANA BUSTAMANTE SECRETARY N/A
Officer
$0 $0 $0
EMILIO BUSTAMANTE PRESIDENT N/A
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 $100,097 $86,730 $68,692 $13,367
2023 $103,299 $113,999 $55,325 $-10,700
2022 $103,911 $118,363 $66,025 $-14,452
2021 $112,062 $121,065 $80,477 $-9,003
2020 $176,189 $158,707 $89,480 $17,482
2019 $306,942 $225,877 $107,060 $81,065
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