DUTCH SHEETS MINISTRIES INC (EIN 841423634) - 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

2002

Legal Domicile

Principal Officer

CELIA SHEETS

Phone

7194197840

Tax Period

2023-01-01 to 2023-12-31

DUTCH SHEETS MINISTRIES INC, founded in 2002, is a community nonprofit in the Religion sector that reported $5.1M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $2.8M, a strong 54% operating margin.

Mission

RELIGIOUS MINISTRY AND BIBLE TEACHING

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,836,129

Program Service Revenue $0

Investment Income $115,110

Other Revenue $160,061

TOTAL REVENUE $5,111,300

Expense Breakdown

Grants Paid $346,750

Salaries & Benefits $1,295,531

Fundraising Expenses $0

Program Expenses $1,690,053

Other Expenses $709,775

TOTAL EXPENSES $2,352,056

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,111,300	$5,637,768	-0.1%
Expenses	$2,352,056	$2,320,663	+0.0%
Net Income	$2,759,244	$3,317,105	-0.2%

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

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

$467,974

Total Directors

$467,974

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM SHEETS	PRESIDENT	40.00	Officer Director	$249,990	$102,960	$352,950
CELIA SHEETS	VICE PRESIDE	40.00	Officer Director	$115,024	$0	$115,024
JAMES HODGES	DIRECTOR	3.00	Director	$0	$0	$0
TIMMERLE KELLY	SECRETARY/TR	5.00	Officer Director	$0	$0	$0
KEN MALONE	DIRECTOR	3.00	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	$5,111,300	$2,352,056	$15,462,879	$2,759,244
2022	$5,637,768	$2,320,663	$12,664,278	$3,317,105
2021	$7,385,836	$2,060,354	$9,384,974	$5,325,482
2020	$3,941,939	$1,277,086	$4,031,236	$2,664,853
2019	$1,127,291	$1,247,627	$1,350,976	$-120,336
2018	$2,088,422	$1,512,046	$1,488,236	$576,376

DUTCH SHEETS MINISTRIES INC