ADVANCE MINISTRIES INC (EIN 860762260) - 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

1994

Legal Domicile

Principal Officer

RICHARD TATHAM

Phone

9288559110

Tax Period

2023-01-01 to 2023-12-31

ADVANCE MINISTRIES INC, founded in 1994, is a small nonprofit in the Religion sector that reported $800K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $767K left a modest 4% surplus.

Mission

TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGH CHRISTIAN RADIO AND TELEVISION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $799,760

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $799,760

Expense Breakdown

Grants Paid $0

Salaries & Benefits $239,377

Fundraising Expenses $53,715

Program Expenses $652,249

Other Expenses $527,976

TOTAL EXPENSES $767,353

Year-over-Year Comparison

	2023	2022	Change
Revenue	$799,760	$887,892	-0.1%
Expenses	$767,353	$811,140	-0.1%
Net Income	$32,407	$76,752	-0.6%

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

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

$37,417

Total Directors

$63,158

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FARON ECKELBARGER	Treasurer	40.00	Officer Director	$37,417	$0	$37,417
DEBORAH S ECKELBARGER	Director	32.00	Director	$25,741	$0	$25,741
EDWARD DAVENPORT	Director	0.00	Director	$0	$0	$0
GRACE TATHAM	Vice President	0.00	Officer	$0	$0	$0
RICHARD TATHAM	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
2024	No data	No data	No data	No data
2023	$799,760	$767,353	$556,199	$32,407
2022	$887,892	$811,140	$337,586	$76,752
2021	$777,532	$694,269	$253,895	$83,263
2020	$713,046	$689,779	$199,721	$23,267
2019	$591,370	$552,268	$148,283	$39,102
2018	$557,571	$530,519	$157,496	$27,052

ADVANCE MINISTRIES INC