ASPEN PLACE MINISTRIES

EIN: 850972499 501(c)(3) Religion

TUALATIN, OR

Total Revenue
$5,728
Total Expenses
$8,979
Total Assets
$6,943
Net Assets
$6,943
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
OR
Principal Officer
LINDA COLBY
Phone
5037207735
Tax Period
2024-01-01 to 2024-12-31

ASPEN PLACE MINISTRIES, founded in 2020, is a micro nonprofit in the Religion sector that reported $6K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $9K exceeded revenue, resulting in a 57% operating deficit.

Mission

Our mission is to encourage more people to read the Word of God. We hope to fulfill this mission through Bible studies, video teachings, and daily encouraging blog posts; all accessible online as well as in paper form.

Program Service Accomplishments

Program 1
Expenses: $8,219

Aspen Place Ministries was busy in 2024 completing our anchor Bible study, The Big Story of the Bible. After extensive edits and graphic design, it is now ready for distribution. The volunteers are...

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Aspen Place Ministries was busy in 2024 completing our anchor Bible study, The Big Story of the Bible. After extensive edits and graphic design, it is now ready for distribution. The volunteers are continuing to write and produce new Bible study material and devotional books in the hopes of encouraging Christian believers in their faith. The work of Christian outreach continues.

Program 2

"A Heart Towards God", was to organizations first devotional book. this was published and printed and made available to existing contacts and bible study groups. A second book, now in print, "A Heart...

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"A Heart Towards God", was to organizations first devotional book. this was published and printed and made available to existing contacts and bible study groups. A second book, now in print, "A Heart Devoted to God" continues the devotional opportunities for the communities that we serve.work continues as the process of establishing and implementing an on line advertising plan through Instagram-@aspen.place and through our website- www.AspenPlaceMinistries.com and sold through churches, and soon to be sold through Amazon.com.

Program 3

"Beauty for Ashes", our new bible study materials gives encouragement to people, through the Word of God, as they are suffering discouragement or depression. It has been written, designed, edited...

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"Beauty for Ashes", our new bible study materials gives encouragement to people, through the Word of God, as they are suffering discouragement or depression. It has been written, designed, edited, printed and ready for distribution. This study is timely in these days of pandemic and uncertainty and is helpful to those who have done this study.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,600
Program Service Revenue $2,128
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,728

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,219
Other Expenses $7,979
TOTAL EXPENSES $8,979

Year-over-Year Comparison

2024 2023 Change
Revenue $5,728 $7,859 -0.3%
Expenses $8,979 $5,607 +0.6%
Net Income $-3,251 $2,252 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA COLBY President 25.00
Director
$0 $0 $0
TIFFANY SCHWANDER Vice President 20.00
Director
$0 $0 $0
DEBRA MCKEE Secretary 20.00
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 $5,728 $8,979 $6,943 $-3,251
2023 $7,859 $5,607 $10,194 $2,252
2022 $4,532 $4,502 $7,942 $30
2021 $8,379 $9,328 $7,912 $-949
2020 $18,718 $9,857 $8,861 $8,861
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