GRINDSTONE MINISTRIES INC (EIN 842335858) - 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

2019

Legal Domicile

Principal Officer

THEODORE J MORRIS

Tax Period

2024-01-01 to 2024-12-31

GRINDSTONE MINISTRIES INC, founded in 2019, is a community nonprofit in the Public Safety sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $885K, a strong 43% operating margin.

Mission

TO PROVIDE DISASTER AND HUMANITARIAN RELIEF

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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 $1,994,755

Program Service Revenue $2,500

Investment Income $-19,784

Other Revenue $57,879

TOTAL REVENUE $2,035,350

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,110

Fundraising Expenses $0

Program Expenses $1,083,788

Other Expenses $1,091,225

TOTAL EXPENSES $1,150,335

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,035,350	$1,186,376	+0.7%
Expenses	$1,150,335	$884,102	+0.3%
Net Income	$885,015	$302,274	+1.9%

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

400

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
ANDRES DELGADO	SECRETARY	4.00	Officer Director	$0	$0	$0
ALEX GILES	VICE PRESIDE	4.00	Officer Director	$0	$0	$0
PANDY JANSEN	TREASURER	4.00	Officer Director	$0	$0	$0
THEODORE J MORRIS	PRESIDENT	4.00	Officer 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	$2,035,350	$1,150,335	$1,911,888	$885,015
2023	$1,186,376	$884,102	$1,019,300	$302,274
2022	$949,212	$644,626	$717,026	$304,586
2021	$477,718	$167,417	$412,588	$310,301
2020	$310,157	$208,989	$101,441	$101,168

GRINDSTONE MINISTRIES INC