FAITHLIFE MINISTRIES INC (EIN 843305565) - 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

2019

Legal Domicile

Principal Officer

JARED ARNETT

Phone

6064242048

Tax Period

2024-01-01 to 2024-12-31

FAITHLIFE MINISTRIES INC, founded in 2019, is a small nonprofit in the Employment sector that reported $456K in total revenue in fiscal year 2024. Revenue surged 184% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 29% operating margin.

Mission

TO PROVIDE AN OPPORTUNITY FOR PEOPLE TO LIVE OUT THEIR CHRISTIAN FAITH AND GOD-GIVEN CREATIVITYTO CREATE SOCIAL ENTERPRISES THAT PROVIDE RESOURCES AND CONNECTIONS TO PROGRAMMING TOTRANSITION THOSE AFFECTED BY SUBSTANCE USE DISORDER AND POVERTY INTO A PURPOSE FILLED LIFE.

🔒

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 $399,773

Program Service Revenue $0

Investment Income $0

Other Revenue $55,919

TOTAL REVENUE $455,692

Expense Breakdown

Grants Paid $0

Salaries & Benefits $162,878

Fundraising Expenses $0

Program Expenses $172,717

Other Expenses $159,391

TOTAL EXPENSES $322,269

Year-over-Year Comparison

	2024	2023	Change
Revenue	$455,692	$160,732	+1.8%
Expenses	$322,269	$163,003	+1.0%
Net Income	$133,423	$-2,271	-59.8%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JARED ARNETT	PRESIDENT	12.00	Officer	$0	$0	$0
BETHANY ARNETT	VICE PRESIDENT	12.00	Officer	$0	$0	$0
JEFF ROBINSON	TREASURER	0.25	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	$455,692	$322,269	$170,975	$133,423
2023	$160,732	$163,003	$20,988	$-2,271

FAITHLIFE MINISTRIES INC