TWChannel Ministries

EIN: 854104512 501(c)(3) Religion

Brewer, ME

Total Revenue
$221,006
Total Expenses
$146,113
Total Assets
$147,557
Net Assets
$147,557
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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
ME
Principal Officer
Thomas Channel
Tax Period
2022-01-01 to 2022-12-31

TWChannel Ministries, founded in 2021, is a small nonprofit in the Religion sector that reported $221K in total revenue in fiscal year 2022. The organization ran a surplus of $75K, a strong 34% operating margin.

Mission

To receive and disburse charitable contributions for ministry services and the furtherance of the Apostolic Faith.

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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 (2022)

Revenue Breakdown

Contributions & Grants $221,006
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $221,006

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,147
Fundraising Expenses $0
Program Expenses $146,113
Other Expenses $136,966
TOTAL EXPENSES $146,113

Year-over-Year Comparison

2022 2021 Change
Revenue $221,006 N/A N/A
Expenses $146,113 N/A N/A
Net Income $74,893 N/A N/A
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
N/A
Independent Members
N/A
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas Channel 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
2022 $221,006 $146,113 $147,557 $74,893
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