R A VERNON MINISTRIES INC (EIN 871554359) - 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

Dr Rainnell Vernon

Phone

2163075180

Tax Period

2024-01-01 to 2024-12-31

R A VERNON MINISTRIES INC, founded in 2021, is a small nonprofit in the Public & Societal Benefit sector that reported $431K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum.

Mission

RA Vernon Ministries Inc is an evangelical outreach ministry with a sole purpose of uplifting inner-city communities through various activities that include but not limited to health care awareness educational awareness and helping other charitable causes.

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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 $0

Program Service Revenue $431,439

Investment Income $0

Other Revenue $0

TOTAL REVENUE $431,439

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $279,833

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$431,439	$219,337	+1.0%
Expenses	N/A	$282,226	-1.0%
Net Income	N/A	$-62,889	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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rainnell Vernon	President	20.00	Officer	$0	$0	$0
Dahrius Daniels	Vice President	5.00	Officer	$0	$0	$0
Terrence Carr	Treasurer	5.00	Officer	$0	$0	$0
Victory Vernon	Secretary	5.00	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	$431,439	No data	$368,550	No data
2023	$219,337	$282,226	$-62,889	$-62,889
2021	$194,796	$61,602	$133,194	$133,194

R A VERNON MINISTRIES INC