Mir Ministries (EIN 830316526) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Bo Bolding

Tax Period

2023-01-01 to 2023-12-31

Mir Ministries, founded in 2010, is a small nonprofit in the Religion sector that reported $216K in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $309K exceeded revenue, resulting in a 43% operating deficit.

Mission

Promoting the Gospel of Jesus Christ.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $215,674

Program Service Revenue $0

Investment Income $14

Other Revenue $0

TOTAL REVENUE $215,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,976

Fundraising Expenses $11,546

Program Expenses $268,181

Other Expenses $222,254

TOTAL EXPENSES $309,230

Year-over-Year Comparison

	2023	2022	Change
Revenue	$215,688	$527,943	-0.6%
Expenses	$309,230	$433,554	-0.3%
Net Income	$-93,542	$94,389	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$76,404

Total Directors

$76,404

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE CROWE	SECRETARY/TREASURER	040.00	Officer Director	$76,404	$0	$76,404
BO BOLDING	PRESIDENT	000.05	Officer Director	$0	$0	$0
JAN BRUNK	VICE PRESIDENT	000.05	Officer Director	$0	$0	$0
JOEL BRUNK	DIRECTOR	000.05	Director	$0	$0	$0
BO BOLDING	DIRECTOR	000.05	Director	$0	$0	$0
SHARRI BURKS	DIRECTOR	000.05	Director	$0	$0	$0
BILL ARTHUR PREVIOUS	SECRETARY/TREAS.	000.05	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
2023	$215,688	$309,230	$116,795	$-93,542
2022	$527,943	$433,554	$210,337	$94,389
2021	$289,032	$264,582	$115,948	$24,450
2020	$202,979	$144,164	$91,496	$58,815

Mir Ministries