Final Quest Ministries Inc

EIN: 841494435 501(c)(3)

Bradenton, FL

Total Revenue
$509,955
Total Expenses
$256,848
Total Assets
$185,986
Net Assets
$185,766
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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
1996
Legal Domicile
FL
Principal Officer
Michael Canaday
Phone
4174598900
Tax Period
2019-01-01 to 2019-12-31

Final Quest Ministries Inc, founded in 1996, is a small nonprofit that reported $510K in total revenue in fiscal year 2019. Revenue surged 165% from the prior year, signaling strong growth momentum. The organization ran a surplus of $253K, a strong 50% operating margin.

Mission

Ministering the good news of Jesus Christ

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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 (2019)

Revenue Breakdown

Contributions & Grants $133,595
Program Service Revenue $2,850
Investment Income $199,855
Other Revenue $173,655
TOTAL REVENUE $509,955

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $147,094
Other Expenses $248,909
TOTAL EXPENSES $256,848

Year-over-Year Comparison

2019 2018 Change
Revenue $509,955 $192,313 +1.7%
Expenses $256,848 $256,029 +0.0%
Net Income $253,107 $-63,716 -5.0%
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
5
Independent Members
5
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kieth Matthews Director N/A
Director
$0 $0 $0
Mike Canaday Executive Director 025.00
Director
$0 $0 $0
Robert S Canaday Vice President N/A
Director
$0 $0 $0
Shara Canaday Secretary 025.00
Director
$0 $0 $0
David Weeter Director N/A
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
2019 $509,955 $256,848 $185,986 $253,107
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