Light Bearers Ministry (EIN 911320416) - 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

1985

Legal Domicile

Principal Officer

TY GIBSON

Phone

5419883333

Tax Period

2023-01-01 to 2023-12-31

Light Bearers Ministry, founded in 1985, is a community nonprofit in the Religion sector that reported $2.3M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $2.6M exceeded revenue, resulting in a 11% operating deficit.

Mission

EVANGELISTIC AND EDIFICATION MINISTRY, REACHING OUT TO THE WORLD WITH THE GOSPEL OF 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 $2,384,146

Program Service Revenue $150,719

Investment Income $27,926

Other Revenue $-221,149

TOTAL REVENUE $2,341,642

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,355,103

Fundraising Expenses $137,085

Program Expenses $1,633,997

Other Expenses $1,251,038

TOTAL EXPENSES $2,606,141

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,341,642	$2,138,389	+0.1%
Expenses	$2,606,141	$2,479,586	+0.1%
Net Income	$-264,499	$-341,197	-0.2%

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

$291,558

Total Directors

$487,620

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DON OTIS	CHAIRMAN/SECRETARY	10.00	Officer Director	$111,646	$200	$111,846
TY GIBSON	DIRECTOR/PRESIDENT	40.00	Officer Director	$155,212	$24,500	$179,712
KIM BUSL	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE RACINE	BOARD MEMBER	1.00	Director	$0	$0	$0
YAMIL ROSARIO	BOARD MEMBER	40.00	Director	$84,838	$200	$85,038
KELLY KINSLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID ASSCHERICK	BOARD MEMBER	40.00	Director	$86,114	$24,910	$111,024
VICTOR MADDOX	BOARD MEMBER	1.00	Director	$0	$0	$0
CINTIA NOJIMA	BOARD MEMBER	1.00	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
2023	$2,341,642	$2,606,141	$2,384,500	$-264,499
2022	$2,138,389	$2,479,586	$2,493,402	$-341,197
2021	$2,818,772	$3,098,373	$3,151,606	$-279,601
2020	$2,372,942	$2,430,036	$3,063,270	$-57,094
2019	$2,432,365	$2,580,540	$3,050,380	$-148,175
2018	$3,342,337	$2,903,258	$3,413,949	$439,079

Light Bearers Ministry