CITY MINISTRIES

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

DR CHERYL HASKINS

Phone

4258033233

Tax Period

2023-07-01 to 2024-06-30

CITY MINISTRIES, founded in 2001, is a community nonprofit in the Human Services sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 35% operating margin.

Mission

TO PROMOTE AND FOSTER THE PHYSICAL, SOCIAL, ECONOMIC, EMOTIONAL AND EDUCATIONAL NEEDS OF THE COMMUNITY WITH A FOCUS ON THOSE IN NEED.

Program Service Accomplishments

Program 1

Expenses: $666,246 Revenue: $637,889

THE CITY KIDS SCHOOL WAS CREATED TO EQUIP THE NEXT GENERATION WITH THE BUILDING BLOCKS NECESSARY TO BUILD THEIR FUTURE. WE ARE INTENTIONAL ABOUT PREPARING CHILDREN TO BE LIFELONG LEARNERS. OUR...

THE CITY KIDS SCHOOL WAS CREATED TO EQUIP THE NEXT GENERATION WITH THE BUILDING BLOCKS NECESSARY TO BUILD THEIR FUTURE. WE ARE INTENTIONAL ABOUT PREPARING CHILDREN TO BE LIFELONG LEARNERS. OUR EMPHASIS IN LEARNING FOCUSES ON FIVE MAIN AREAS: SOCIAL, MENTAL, PHYSICAL, SPIRITUAL AND EMOTIONAL. THESE IMPORTANT ASPECTS OF A CHILD'S DEVELOPMENT ARE MET IN A STRUCTURED, SAFE ENVIRONMENT, HIGHLIGHTED BY TEACHERS WHO SINCERELY LOVE THEIR STUDENTS. THE SCHOOL OFFERS CLASSES FOR AGE 2 THROUGH KINDERGARTEN AND HAS 120 STUDENTS.

Program 2

Expenses: $630,843 Revenue: $693,316

THE ROSE HILL COTTAGES & AARON HASKINS COMMUNITY CENTER WERE BUILT TO PROVIDE AFFORDABLE HOUSING FOR FAMILIES THAT DO FOSTER-CARE AND ARE LICENSED THROUGH CITY MINISTRIES CHILD-PLACEMENT AGENCY...

THE ROSE HILL COTTAGES & AARON HASKINS COMMUNITY CENTER WERE BUILT TO PROVIDE AFFORDABLE HOUSING FOR FAMILIES THAT DO FOSTER-CARE AND ARE LICENSED THROUGH CITY MINISTRIES CHILD-PLACEMENT AGENCY. MONTHLY CHILDREN'S ACTIVITIES ARE PROVIDED THROUGH THE COMMUNITY CENTER AS WELL AS FOSTER PARENT SUPPORT GROUPS, FOSTER PARENT TRAINING, AND PRIVATE USE OF COTTAGE RESIDENTS.

Program 3

Expenses: $329,444 Revenue: $61,272

CITY MINISTRIES CHILD PLACEMENT AGENCY IS A LICENSED CHILD PLACEMENT (FOSTER CARE) AND ADOPTION AGENCY. ITS MISSION IS TO SEE FOSTER CHILDREN CARED FOR IN SAFE, LOVING, STABLE, FAITH-FILLED FAMILIES. THE AGENCY IS FOCUSED ON PERMANENCE AND STABILITY FOR THE CHILDREN THROUGH RESTORATION OF THEIR BIRTH AND/OR EXTENDED FAMILIES OR PLACEMENT WITH AN ADOPTIVE FAMILY. THE AGENCY HAS 16 LICENSED FAMILIES; AN AVERAGE OF 12 FOSTER CHILDREN ARE PLACED WITH OUR FAMILIES AT ANY GIVEN TIME. WE HAVE 10 REGULAR VOLUNTEERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $116,126

Program Service Revenue $1,392,477

Investment Income $1,657,413

Other Revenue $0

TOTAL REVENUE $3,166,016

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,240,643

Fundraising Expenses $38,391

Program Expenses $1,626,533

Other Expenses $803,594

TOTAL EXPENSES $2,045,874

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,166,016	$1,650,586	+0.9%
Expenses	$2,045,874	$2,220,044	-0.1%
Net Income	$1,120,142	$-569,458	-3.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$157,790

Total Directors

$1,350

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIRGINIA SMITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
MEREDITH VOSSLER	SECRETARY/TREASURER	1.00	Officer Director	$1,350	$0	$1,350
STEVIE LEGTERS	DIRECTOR	1.00	Director	$0	$0	$0
LYMAN LEGTERS	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE SHAW	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE ELLINGTON	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL HASKINS	EXECUTIVE DIRECTOR	40.00	Officer	$146,739	$9,701	$156,440

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
2025	No data	No data	No data	No data
2024	$3,166,016	$2,045,874	$6,923,011	$1,120,142
2023	$1,650,586	$2,220,044	$5,853,081	$-569,458
2022	$1,937,223	$2,227,307	$6,270,079	$-290,084
2021	$1,759,556	$1,952,006	$6,561,350	$-192,450
2020	$1,752,263	$2,058,159	$6,943,481	$-305,896
2019	$1,755,114	$1,912,761	$7,040,505	$-157,647