GLOBAL MUSIC MINISTRIES INC THE SMILES FOUNDATION (EIN 860957704) - 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

1997

Legal Domicile

Phone

4232399525

Tax Period

2024-01-01 to 2024-12-31

GLOBAL MUSIC MINISTRIES INC THE SMILES FOUNDATION, founded in 1997, is a small nonprofit in the International Affairs sector that reported $626K in total revenue in fiscal year 2024. Expenses of $603K left a modest 4% surplus.

Mission

The Charity seeks to relieve poverty, promote education and provide hope & opportunity for many through a variety of projects which include Evangelistic Outreach, Food Distribution, Medical Support, Social Assistance, Education, Child Care, Life Skills Training and Housing provision.

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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 $626,196

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $626,196

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $603,242

Other Expenses $603,452

TOTAL EXPENSES $603,452

Year-over-Year Comparison

	2024	2023	Change
Revenue	$626,196	$597,332	+0.0%
Expenses	$603,452	$563,541	+0.1%
Net Income	$22,744	$33,791	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN D HOY	Director	20.00	Officer Director	$0	$0	$0
SHERYL L JONES	Secretary	0.00	Officer Director	$0	$0	$0
JOHN SCHWAB	Director	0.00	Director	$0	$0	$0
MARK E JONES	Treasurer	0.00	Officer Director	$0	$0	$0
DANTE RUTSTROM	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	$626,196	$603,452	$21,323	$22,744
2023	$597,332	$563,541	$28,455	$33,791
2022	$260,171	$562,535	$27,627	$-302,364

GLOBAL MUSIC MINISTRIES INC THE SMILES FOUNDATION