Mustard Seed Ministries Inc (EIN 841635801) - 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

2003

Legal Domicile

Principal Officer

Gary Hargis

Phone

4786282495

Tax Period

2024-01-01 to 2024-12-31

Mustard Seed Ministries Inc, founded in 2003, is a small nonprofit in the Human Services sector that reported $661K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.

Mission

The organization assists needy individuals by providing assistance through various repair and renovation projects.

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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 (2024)

Revenue Breakdown

Contributions & Grants $661,266

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $661,266

Expense Breakdown

Grants Paid $539,639

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $672,543

Other Expenses $132,904

TOTAL EXPENSES $672,543

Year-over-Year Comparison

	2024	2023	Change
Revenue	$661,266	$746,464	-0.1%
Expenses	$672,543	$794,716	-0.2%
Net Income	$-11,277	$-48,252	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Darrell Burns	Director	Director	$0	$0	$0
Terry Eady	Director	Director	$0	$0	$0
Jimmy Yeomans	Chairman	Director	$0	$0	$0
Gary Hargis	Chairman	Officer	$0	$0	$0
Patti Hargis	Treasurer	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
2024	$661,266	$672,543	$40,904	$-11,277
2023	No data	No data	No data	No data
2022	$360,861	$299,449	$100,433	$61,412
2021	$203,213	$191,856	$39,021	$11,357
2020	$129,058	$119,279	$27,664	$9,779
2019	$125,681	$123,313	$17,885	$2,368

Mustard Seed Ministries Inc