SPARTA MINISTRIES INC (EIN 853918631) - 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

2020

Legal Domicile

Principal Officer

JAYSON HERNANDEZ

Phone

8633828696

Tax Period

2024-01-01 to 2024-12-31

SPARTA MINISTRIES INC, founded in 2020, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $389K, a strong 35% operating margin.

Mission

SEE SCH O

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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 $128,903

Program Service Revenue $909,514

Investment Income $82,046

Other Revenue $0

TOTAL REVENUE $1,120,463

Expense Breakdown

Grants Paid $0

Salaries & Benefits $253,935

Fundraising Expenses $0

Program Expenses $585,095

Other Expenses $477,468

TOTAL EXPENSES $731,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,120,463	$1,023,068	+0.1%
Expenses	$731,403	$604,759	+0.2%
Net Income	$389,060	$418,309	-0.1%

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

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

$136,667

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAYSON HERNANDEZ	PRESIDENT	40.00	Officer	$82,000	$0	$82,000
SARAH HERNANDEZ	VICE PRESIDENT	40.00	Officer	$54,667	$0	$54,667
JOHN GIZZIO	DIRECTOR	0.00	Director	$0	$0	$0
ANTHONY HANEY	DIRECTOR	0.00	Director	$0	$0	$0
HARRISON HAVERY	DIRECTOR	0.00	Director	$0	$0	$0
TIM BAKER	DIRECTOR	0.00	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	$1,120,463	$731,403	$4,739,323	$389,060
2023	$1,023,068	$604,759	$3,328,562	$418,309
2022	$2,325,962	$639,964	$2,973,964	$1,685,998

SPARTA MINISTRIES INC