WG MINISTRIES INC

EIN: 850804346 501(c)(3) Religion

Denver, CO

Total Revenue
$40,000
Total Expenses
$46,282
Total Assets
$81
Net Assets
$81
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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
2020
Legal Domicile
CO
Principal Officer
Wayne Vaden
Phone
3033772933
Tax Period
2023-01-01 to 2023-12-31

WG MINISTRIES INC, founded in 2020, is a micro nonprofit in the Religion sector that reported $40K in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $46K exceeded revenue, resulting in a 16% operating deficit.

Mission

Provide spiritual guidance to posiitivley impact under-served communities through atheltics, community development projects focused on education, housing and juvenlie justive

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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 (2023)

Revenue Breakdown

Contributions & Grants $40,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $40,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $46,283
Other Expenses $46,282
TOTAL EXPENSES $46,282

Year-over-Year Comparison

2023 2022 Change
Revenue $40,000 $100,000 -0.6%
Expenses $46,282 $93,857 -0.5%
Net Income $-6,282 $6,143 -2.0%
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
3
Independent Members
3
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
Wayne Vaden Board Chair 002.00
Officer Director
$0 $0 $0
Norman T Harris Secretary 001.50
Director
$0 $0 $0
Anthony Morrison Board Member 001.50
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
2023 $40,000 $46,282 $81 $-6,282
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