XL Ministries Inc (EIN 841210119) - 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

1992

Legal Domicile

Principal Officer

Brian Murphy

Phone

8177454646

Tax Period

2024-10-01 to 2025-09-30

XL Ministries Inc, founded in 1992, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

To provide education and Biblical training to individuals and groups in order to develop Christian pastors, missionaries, youth leaders and other Christian leaders, so they can effectively develop their leadership skills and knowledge to minister Gods Word.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,038,615

Program Service Revenue $0

Investment Income $15,704

Other Revenue $1

TOTAL REVENUE $1,054,320

Expense Breakdown

Grants Paid $8,528

Salaries & Benefits $642,694

Fundraising Expenses $50,048

Program Expenses $747,724

Other Expenses $382,828

TOTAL EXPENSES $1,034,050

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,054,320	$1,136,423	-0.1%
Expenses	$1,034,050	$795,176	+0.3%
Net Income	$20,270	$341,247	-0.9%

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

$319,087

Total Directors

$263,046

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brian Murphy	CEO	50.00	Officer Director	$93,102	$60,000	$153,102
Rocky Wyatt	President	50.00	Officer Director	$65,944	$44,000	$109,944
Eric Ellis	Former Director	0.00		$41,112	$29,000	$70,112
Pamela Wyatt	Controller	10.00	Officer	$32,134	$0	$32,134
John Bingham	COO	50.00	Officer	$23,907	$0	$23,907
Chris Riser	Board Chairman	10.00	Officer Director	$0	$0	$0
Jonathan Anderson	Secretary	5.00	Officer Director	$0	$0	$0
Bryan Chandler	Vice Chairman	5.00	Officer Director	$0	$0	$0
Jonathan Pendrich	Treasurer	3.00	Officer Director	$0	$0	$0
Justin Turner	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
2025	$1,054,320	$1,034,050	$551,991	$20,270
2024	$1,136,423	$795,176	$525,957	$341,247
2023	$579,634	$616,848	$184,904	$-37,214
2022	$281,004	$381,476	$215,415	$-100,472
2021	$209,740	$148,609	$315,978	$61,131

XL Ministries Inc