APOSTLE BORN MINISTRIES INC (EIN 852789730) - 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

2021

Legal Domicile

Phone

2607490444

Tax Period

2024-01-01 to 2024-12-31

APOSTLE BORN MINISTRIES INC, founded in 2021, is a micro nonprofit in the Religion sector that reported $40K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $120K exceeded revenue, resulting in a 200% operating deficit.

Mission

TEACH AND PREACH GOSPEL TO ALL AND TO AWAKEN THE GENERATION FOR THE COMING OF CHRIST, CONDUCT EVANGELISTIC ACTIVITIES, LICENSE AND ORDAIN MINISTERS OF THE GOSPEL, PROVIDE RELIGIOUS, CHARITABLE AND HUMANITARIAN SERVICES, SUPPORT MISSIONS.

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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 $39,874

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $39,874

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,168

Fundraising Expenses $0

Program Expenses $116,678

Other Expenses $17,376

TOTAL EXPENSES $119,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$39,874	$106,623	-0.6%
Expenses	$119,544	$104,169	+0.1%
Net Income	$-79,670	$2,454	-33.5%

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

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

$102,168

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOANERGES AMBAYE	PRESIDENT	40.00	Officer	$102,168	$0	$102,168
GIDUNEN KABETTA	SECRETARY	20.00	Director	$0	$0	$0
SEBLE MILES	TRESURER	20.00	Director	$0	$0	$0
MESELE AMBAYE	BOARD MEMBER	20.00	Director	$0	$0	$0
MISALE MALEDE	BOARD MEMBER	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	$39,874	$119,544	$167,369	$-79,670
2023	$106,623	$104,169	$247,039	$2,454
2022	$257,936	$113,448	$244,585	$144,488

APOSTLE BORN MINISTRIES INC