ALTERNATIVE MINISTRIES INC

EIN: 861744404 501(c)(3)

Jackson, MS

Total Revenue
$272,618
Total Expenses
$207,177
Total Assets
$65,441
Net Assets
$65,441
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MS
Principal Officer
JJ Thompson
Phone
6019416752
Tax Period
2024-01-01 to 2024-12-31

ALTERNATIVE MINISTRIES INC, founded in 2021, is a small nonprofit that reported $273K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65K, a strong 24% operating margin.

Mission

Alternative Ministries, Inc. is created to provide educational services and support to men, women, and children, offer services that address physical, emotional, and spiritual needs, provide disaster relief for persons dealing with unforeseen situations and circumstances which devastate their lives, give food and clothing to those in need, and offer mentoring, tutoring, and recreational services to enrich the lives of youth in underserved communities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $272,618
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $272,618

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,671
Fundraising Expenses $0
Program Expenses $82,589
Other Expenses $181,506
TOTAL EXPENSES $207,177

Year-over-Year Comparison

2024 2023 Change
Revenue $272,618 $159,198 +0.7%
Expenses $207,177 $113,227 +0.8%
Net Income $65,441 $45,971 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
10

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
5
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J J Thompson Executive Director 10
Director
$0 $0 $0
Rashad Hardy President 2
Officer
$0 $0 $0
Jasmine Hardy Treasurer 2
Officer
$0 $0 $0
Roxanne Johnson Secretary 2
Officer
$0 $0 $0
Clara Thompson Member 0
Officer
$0 $0 $0
Rhonda Hardy Member 0
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 $272,618 $207,177 $65,441 $65,441
Explore More Nonprofits
Top 100 Nonprofits in Mississippi Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ALTERNATIVE MINISTRIES INC with other nonprofits in Mississippi and across the country.