India Connection Ministries Inc (EIN 863165431) - 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

2021

Legal Domicile

Principal Officer

Stephen Morse

Phone

5854651834

Tax Period

2023-01-01 to 2023-12-31

India Connection Ministries Inc, founded in 2021, is a small nonprofit in the International Affairs sector that reported $445K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $2.3M exceeded revenue, resulting in a 423% operating deficit.

Mission

To reach the unreached and teach the untaught with the gospel of Jesus Christ.

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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 $327,058

Program Service Revenue $0

Investment Income $118,186

Other Revenue $0

TOTAL REVENUE $445,244

Expense Breakdown

Grants Paid $2,267,192

Salaries & Benefits $30,000

Fundraising Expenses $24,295

Program Expenses $2,284,246

Other Expenses $32,874

TOTAL EXPENSES $2,330,066

Year-over-Year Comparison

	2023	2022	Change
Revenue	$445,244	$1,942,927	-0.8%
Expenses	$2,330,066	$1,389,505	+0.7%
Net Income	$-1,884,822	$553,422	-4.4%

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

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

$30,000

Total Directors

$30,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christine Jegadesh	Board member	0.50	Director	$0	$0	$0
Heather Russell	Treasurer	0.50	Officer Director	$0	$0	$0
Kathy Tetlow	Board member	0.50	Director	$0	$0	$0
Stephen Morse	Executive Director	40.00	Officer Director	$30,000	$0	$30,000

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	$445,244	$2,330,066	$1,292,878	$-1,884,822
2022	$1,942,927	$1,389,505	$3,177,290	$553,422

India Connection Ministries Inc