Patmos Global Ministries Inc

EIN: 862259194 501(c)(3) Religion

Sunnyvale, TX

Total Revenue
$536,000
Total Expenses
$220,775
Total Assets
$533,831
Net Assets
$533,831
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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
TX
Principal Officer
Emily Joseph
Phone
9724159856
Tax Period
2024-01-01 to 2024-12-31

Patmos Global Ministries Inc, founded in 2021, is a small nonprofit in the Religion sector that reported $536K in total revenue in fiscal year 2024. The organization ran a surplus of $315K, a strong 59% operating margin.

Mission

THIS ENTITY IS A NON-PROFIT ORGANIZATIONEXEMPT UNDER SN 501 (C) (3) OF THE INTERNAL REVENUE CODE. ITS MAIN OBJECTIVE IS RELIGIOUS,CHARITABLE AND EDUCATIONAL.ITS SCOPE IS ALL OVER THE WORLD WITH MAIN CONCENTRATION IN INDIA

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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 (2024)

Revenue Breakdown

Contributions & Grants $536,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $536,000

Expense Breakdown

Grants Paid $128,600
Salaries & Benefits $36,000
Fundraising Expenses $0
Program Expenses $128,600
Other Expenses $56,175
TOTAL EXPENSES $220,775

Year-over-Year Comparison

2024 2023 Change
Revenue $536,000 N/A N/A
Expenses $220,775 N/A N/A
Net Income $315,225 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
3
Independent Members
2
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shibu Joseph Director 30.00
Officer Director
$0 $0 $0
Emily Joseph Secretary 10.00
Officer Director
$0 $0 $0
Kori Sparks Director 2.00
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 $536,000 $220,775 $533,831 $315,225
2023 $398,889 $206,750 $218,606 $192,139
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