Channel of Love Ministries (EIN 911510829) - 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

1990

Legal Domicile

Principal Officer

Joan Pearce

Phone

5305155044

Tax Period

2022-01-01 to 2022-12-31

Channel of Love Ministries, founded in 1990, is a small nonprofit in the Unknown sector that reported $206K in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $195K left a modest 5% surplus.

Mission

Our mission is to preach the Gospel of Jesus Christ, to provide community outreaches to help the less fortunate and to teach and encourage others to do the same.

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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 (2022)

Revenue Breakdown

Contributions & Grants $204,102

Program Service Revenue $0

Investment Income $1,694

Other Revenue $0

TOTAL REVENUE $205,796

Expense Breakdown

Grants Paid $24,881

Salaries & Benefits $83,367

Fundraising Expenses $10,442

Program Expenses $164,727

Other Expenses $87,202

TOTAL EXPENSES $195,450

Year-over-Year Comparison

	2022	2021	Change
Revenue	$205,796	$180,516	+0.1%
Expenses	$195,450	N/A	N/A
Net Income	$10,346	$180,516	-0.9%

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

260

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

$83,367

Total Directors

$83,367

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joan Pearce	President CEO	060.00	Officer Director	$32,966	$50,401	$83,367
Marty Pearce	Vice President	040.00	Officer Director	$0	$0	$0
Carrie Hinterberger	Sec/Treas	002.00	Officer Director	$0	$0	$0
Keith Libolt	Trustee	001.00	Director	$0	$0	$0
Lorraine Libolt	Trustee	001.00	Director	$0	$0	$0
Pastor Lawrence Wells	Trustee	001.00	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
2022	$205,796	$195,450	$224,340	$10,346

Channel of Love Ministries