DAMON THOMPSON MINISTRIES INC (EIN 900865907) - 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

2012

Legal Domicile

Principal Officer

DAMON THOMPSON

Phone

8033323010

Tax Period

2023-01-01 to 2023-12-31

DAMON THOMPSON MINISTRIES INC, founded in 2012, is a community nonprofit in the Religion sector that reported $1.9M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $599K, a strong 31% operating margin.

Mission

ADVANCING THE KINGDOM OF GOD AND SPREADING THE GOSPEL THROUGH PREACHING, TEACHING, AND EVANGELIZING.

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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 $1,834,337

Program Service Revenue $0

Investment Income $107,638

Other Revenue $0

TOTAL REVENUE $1,941,975

Expense Breakdown

Grants Paid $223,904

Salaries & Benefits $663,907

Fundraising Expenses $0

Program Expenses $1,100,247

Other Expenses $455,302

TOTAL EXPENSES $1,343,113

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,941,975	$2,103,492	-0.1%
Expenses	$1,343,113	$1,127,259	+0.2%
Net Income	$598,862	$976,233	-0.4%

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

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

$291,928

Total Directors

$327,928

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAMON THOMPSON	PRESIDENT	40.00	Officer Director	$124,306	$60,000	$184,306
KRISTIN PICKLESIMER	SECRETARY	40.00	Officer Director	$74,622	$33,000	$107,622
HENRY THOMPSON	DIRECTOR	20.00	Director	$36,000	$0	$36,000
WILLIAM LYNDON AMICK	DIRECTOR	5.00	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
2024	No data	No data	No data	No data
2023	$1,941,975	$1,343,113	$4,965,358	$598,862
2022	$2,103,492	$1,127,259	$4,311,342	$976,233
2021	$1,528,033	$986,730	$3,360,256	$541,303
2020	$2,499,784	$1,172,343	$2,801,453	$1,327,441
2019	$1,309,495	$1,006,088	$1,496,934	$303,407
2018	$1,234,375	$909,313	$1,196,578	$325,062

DAMON THOMPSON MINISTRIES INC