OAKS MINISTRIES INC (EIN 920747918) - 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

2023

Legal Domicile

Principal Officer

GARY BEAUDREAU

Phone

6782349803

Tax Period

2024-01-01 to 2024-12-31

OAKS MINISTRIES INC, founded in 2023, is a small nonprofit in the Religion sector that reported $517K in total revenue in fiscal year 2024. Revenue surged 102% from the prior year, signaling strong growth momentum.

Mission

TO EMPOWER THE STUDENTS OF DOWNTOWN AUGUSTA TO BECOME CHRIST-CENTERED LEADERS WHO TRANSFORM THEIR COMMUNITIES WITH THE HOPE OF THE GOSPEL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $516,972

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $516,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $387,281

Fundraising Expenses $38,559

Program Expenses $398,205

Other Expenses $177,008

TOTAL EXPENSES $564,289

Year-over-Year Comparison

	2024	2023	Change
Revenue	$516,972	$256,448	+1.0%
Expenses	$564,289	$29,753	+18.0%
Net Income	$-47,317	$226,695	-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

$181,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY BEAUDREAU	PRESIDENT	2.00	Officer Director	$0	$0	$0
RYAN BORDERS	TREASURER	2.00	Officer Director	$0	$0	$0
RA'SHEAD POMPEY	SECRETARY	2.00	Officer Director	$0	$0	$0
KIMBERLY KNOX	BOARD MEMBER	2.00	Director	$0	$0	$0
GLENN WILKINS	BOARD MEMBER	2.00	Director	$0	$0	$0
GREGORY SHIELDS	BOARD MEMBER	2.00	Director	$0	$0	$0
JESSIKA HIGHTOWER	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE ROSSER	CO-DIRECTOR	40.00	Officer	$84,800	$6,000	$90,800
STEPHEN PITTMAN	CO-DIRECTOR	40.00	Officer	$84,800	$6,000	$90,800

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	$516,972	$564,289	$179,744	$-47,317
2023	$256,448	$29,753	$226,695	$226,695

OAKS MINISTRIES INC