ELSEWHERE MINISTRIES INC CO ROBERT LATHAM

EIN: 844824714 501(c)(3)

BLACK MOUNTAIN, NC

Total Revenue
$121,877
Total Expenses
$4,961
Total Assets
$116,916
Net Assets
$116,916
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NC
Principal Officer
DEBORAH LATHAM
Phone
8287674356
Tax Period
2019-12-01 to 2019-12-31

ELSEWHERE MINISTRIES INC CO ROBERT LATHAM, founded in 2019, is a small nonprofit that reported $122K in total revenue in fiscal year 2019. The organization ran a surplus of $117K, a strong 96% operating margin.

Mission

THEE CURE TRANSITIONAL LIVING PROGRAM THEE CURE IS A TRANSFORMATIONAL LIVING PROGRAM FOR WOMEN BETWEEN THE AGES OF 21 AND 60. WE ARE A CHRIST-CENTERED PROGRAM DESIGNED TO HELP WOMEN WHO HAVE STRUGGLED WITH ADDICTION, DEPRESSION, OR ANXIETY AND HAVE SUCCESSFULLY COMPLETED A RESIDENTIAL REHAB OR TREATMENT PROGRAM AND NEED TO BRIDGE THE GAP TO INDEPENDENT SOBER LIVING. WE HELP WOMEN RESET "NORMAL", REGAIN STRENGTH AND PURPOSE, IDENTIFY SPIRITUAL GIFTS, AND LIVE, WORK AND PLAY IN A SUPPORTIVE ENVIRONMENT SO THAT THEY MAY LIVE PURPOSEFUL, ABUNDANT SOBER LIVES. WE OFFER A BEAUTIFUL, REMOTE ENVIRONMENT WITH A FAMILY TYPE ATMOSPHERE. A 6 TO 12 MONTH PROGRAM DESIGNED TO HELP RESIDENTS SUCCESSFULLY MAINTAIN THE POSITIVE CHANGES DEVELOPED IN RESIDENTIAL REHABILITATION. OUR GOAL IS TO EASE THE STRESS OF TRANSITIONING FROM RECOVERY INTO A REAL-WORLD SETTING. OUR PROGRAM IS 100% CHRIST-CENTERED. WE HOPE TO PROVIDE EXPOSURE TO THE FREEDOM FOUND ONLY IN JESUS CHRIST AND THE UNDILUTED NEW COVENANT.

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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 $121,877
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $121,877

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $4,961
TOTAL EXPENSES $4,961

Year-over-Year Comparison

2019 2018 Change
Revenue $121,877 N/A N/A
Expenses $4,961 N/A N/A
Net Income $116,916 N/A N/A
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

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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
3
Independent Members
2
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARTER BLAISDELL TREASURER N/A
Director
$0 $0 $0
DEBORAH LATHAM PRESIDENT/CE N/A
Officer Director
$0 $0 $0
ROBERT LATHAM 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 $121,877 $4,961 $116,916 $116,916
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