HEALING ROOMS MINISTRIES (EIN 912011121) - 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

1999

Legal Domicile

Phone

5094560517

Tax Period

2023-01-01 to 2023-12-31

HEALING ROOMS MINISTRIES, founded in 1999, is a small nonprofit in the Religion sector that reported $440K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $693K exceeded revenue, resulting in a 58% operating deficit.

Mission

Our ministry team is here to serve the community and the Body of Christ while contending for all that Christ promised the church would move in. We minister a Salvation Message, the Healing Word, the Anointing that Empowers the Word, Prayer and Deliverance of the Sick and an Impartation for Healing to the Local Church.

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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 $134,925

Program Service Revenue $104,458

Investment Income $43,461

Other Revenue $156,940

TOTAL REVENUE $439,784

Expense Breakdown

Grants Paid $0

Salaries & Benefits $208,521

Fundraising Expenses $0

Program Expenses $475,961

Other Expenses $484,568

TOTAL EXPENSES $693,089

Year-over-Year Comparison

	2023	2022	Change
Revenue	$439,784	$512,323	-0.1%
Expenses	$693,089	$626,742	+0.1%
Net Income	$-253,305	$-114,419	+1.2%

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

$28,663

Total Directors

$28,663

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE Y PIERCE	Secretary	40.00	Officer Director	$21,925	$0	$21,925
CALVIN C PIERCE	President	40.00	Officer Director	$6,738	$0	$6,738
RUSH HUNT	Director	4.00	Director	$0	$0	$0
LAURA FRIEND	Secretary	4.00	Director	$0	$0	$0
RICK TAYLOR	Director	4.00	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	No data	No data	No data	No data
2023	$439,784	$693,089	$2,557,467	$-253,305
2022	$512,323	$626,742	$2,197,349	$-114,419
2021	$2,019,423	$503,640	$2,342,806	$1,515,783
2020	$342,281	$448,855	$2,370,355	$-106,574
2019	$402,912	$560,907	$2,320,352	$-157,995

HEALING ROOMS MINISTRIES