Seek Well Ministries Inc

EIN: 854017454 501(c)(3) Religion

Northville, MI

Total Revenue
$207,014
Total Expenses
$208,607
Total Assets
$69,612
Net Assets
$63,324
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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
MI
Phone
4073259669
Tax Period
2025-01-01 to 2025-12-31

Seek Well Ministries Inc, founded in 2021, is a small nonprofit in the Religion sector that reported $207K in total revenue in fiscal year 2025.

Mission

Religious ministry.

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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 (2025)

Revenue Breakdown

Contributions & Grants $173,310
Program Service Revenue $30,216
Investment Income $1,491
Other Revenue $1,997
TOTAL REVENUE $207,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $157,637
Fundraising Expenses $0
Program Expenses $208,607
Other Expenses $50,970
TOTAL EXPENSES $208,607

Year-over-Year Comparison

2025 2024 Change
Revenue $207,014 $214,519 0.0%
Expenses $208,607 $255,760 -0.2%
Net Income $-1,593 $-41,241 -1.0%
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
7
Independent Members
N/A
Employees
5
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Timothy Shelton President 0.00
Officer
$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
2025 $207,014 $208,607 $69,612 $-1,593
2024 $214,519 $255,760 $75,252 $-41,241
2023 $205,056 $215,800 $112,556 $-10,744
2022 $203,947 $171,103 $116,104 $32,844
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