CHURCH OF GOD INDEPENDENT MINISTRIES INC

EIN: 921851668 501(c)(3) Religion

MEDINA, OH

Total Revenue
$278,694
Total Expenses
$166,684
Total Assets
$760,316
Net Assets
$758,816
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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
2024
Legal Domicile
OH
Principal Officer
WILLIAM WATSON
Phone
3303501238
Tax Period
2025-01-01 to 2025-12-31

CHURCH OF GOD INDEPENDENT MINISTRIES INC, founded in 2024, is a small nonprofit in the Religion sector that reported $279K in total revenue in fiscal year 2025. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $112K, a strong 40% operating margin.

Mission

THE ORGANIZATION WILL BE A MINISTRY OFFERING INSTRUCTION AND PRACTICES OF ITS TRULY AND SINCERELY HELD RELIGIOUS BELIEFS AND CREEDS AS FOUND IN ITS RELIGIOUS DOCTRINES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $270,431
Program Service Revenue $0
Investment Income $3,370
Other Revenue $4,893
TOTAL REVENUE $278,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,000
Fundraising Expenses $0
Program Expenses $48,844
Other Expenses $122,684
TOTAL EXPENSES $166,684

Year-over-Year Comparison

2025 2024 Change
Revenue $278,694 $440,261 -0.4%
Expenses $166,684 $66,704 +1.5%
Net Income $112,010 $373,557 -0.7%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
12

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDI HENDRIX OFFICER 1.00
Officer Director
$0 $0 $0
TONY BUCHERT TRUSTEE 1.00
Director
$0 $0 $0
JOELLA NICOLETTI TRUSTEE 1.00
Director
$0 $0 $0
FRANK WALTER TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM WATSON CHAIRMAN 1.00
Officer 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
2025 $278,694 $166,684 $760,316 $112,010
2024 $440,261 $66,704 $647,673 $373,557
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