Timshol Ministries (EIN 831460732) - 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

2018

Legal Domicile

Principal Officer

William S New

Phone

5019083063

Tax Period

2023-01-01 to 2023-12-31

Timshol Ministries, founded in 2018, is a small nonprofit in the Religion sector that reported $305K in total revenue in fiscal year 2023. Revenue surged 164% from the prior year, signaling strong growth momentum. The organization ran a surplus of $131K, a strong 43% operating margin.

Mission

Timshol Ministriess mission is to come alongside national believers to help them plant churches by providing biblical education, resources, leadership training, and spiritual counseling so that the next generations of church leaders will be equipped to reach their people. In addition we also mentor and support individuals who have dreams of becoming successful business owners but do not know how to get started.

🔒

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 $305,412

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $305,412

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,000

Fundraising Expenses $0

Program Expenses $174,840

Other Expenses $129,840

TOTAL EXPENSES $174,840

Year-over-Year Comparison

	2023	2022	Change
Revenue	$305,412	$115,841	+1.6%
Expenses	$174,840	$143,262	+0.2%
Net Income	$130,572	$-27,421	-5.8%

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

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
William New	Executive Director	40.00	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
2023	$305,412	$174,840	$218,485	$130,572
2022	$115,841	$143,262	$87,913	$-27,421
2021	$146,840	$227,428	$115,335	$-80,588
2020	$291,738	$166,886	$195,923	$124,852

Timshol Ministries