Thriving Foundations Ministries (EIN 920951111) - 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

2022

Legal Domicile

Principal Officer

Kevin Alexander

Phone

5403814033

Tax Period

2024-01-01 to 2024-12-31

Thriving Foundations Ministries, founded in 2022, is a small nonprofit that reported $797K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $241K, a strong 30% operating margin.

Mission

Religious & educational ministry to conduct financial workshops & financially support other ministries & youth that are pursuing Christian educations.

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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 $0

Program Service Revenue $0

Investment Income $144,329

Other Revenue $652,524

TOTAL REVENUE $796,853

Expense Breakdown

Grants Paid $120,296

Salaries & Benefits $168,975

Fundraising Expenses $0

Program Expenses $423,714

Other Expenses $266,585

TOTAL EXPENSES $555,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	$796,853	$644,243	+0.2%
Expenses	$555,856	$300,038	+0.9%
Net Income	$240,997	$344,205	-0.3%

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

$135,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Alexander	President	40.00	Officer	$90,000	$0	$90,000
Bethany Alexander	Vice-President	20.00	Officer	$45,000	$0	$45,000

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	$796,853	$555,856	$585,202	$240,997
2023	$644,243	$300,038	$344,205	$344,205

Thriving Foundations Ministries