LIFE MINISTRY INTERNATIONAL (EIN 873190914) - 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

VALENTIN FONOV SECRETARY

Tax Period

2023-01-01 to 2023-12-31

LIFE MINISTRY INTERNATIONAL, founded in 2021, is a small nonprofit in the Religion sector that reported $134K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $151K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE PURPOSE OF LIFE MINISTRY INTERNATIONAL IS TO SERVE CHILDREN AND ADULTS WITHIN THE STATE OF ALASKA AND WORLDWIDE WITH SPIRITUAL, EMOTIONAL, AND HUMANITARIAN NEEDS.

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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 $133,833

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $133,833

Expense Breakdown

Grants Paid $108,185

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $150,931

Other Expenses $42,746

TOTAL EXPENSES $150,931

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,833	$266,344	-0.5%
Expenses	$150,931	$218,720	-0.3%
Net Income	$-17,098	$47,624	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEKSANDR LEVCHENKO	DIRECTOR	1.00	Director	$0	$0	$0
ZACHARIAS SHAPOVAL	DIRECTOR	3.00	Director	$0	$0	$0
NAZARIY RUDENKIY	DIRECTOR	6.00	Officer Director	$0	$0	$0
VALENTIN FONOV	DIRECTOR	4.00	Officer Director	$0	$0	$0
ANATOLIY RUDENKIY	DIRECTOR	40.00	Officer 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
2023	$133,833	$150,931	$40,212	$-17,098
2022	$266,344	$218,720	$57,310	$47,624

LIFE MINISTRY INTERNATIONAL