MINISTERS FELLOWSHIP INTERNATIONAL… - Form 990 Financial Data

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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

Principal Officer

FRANK DAMAZIO

Phone

5032524634

Tax Period

2024-01-01 to 2024-12-31

MINISTERS FELLOWSHIP INTERNATIONAL INC is a small nonprofit in the Unknown sector that reported $898K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $189K, a strong 21% operating margin.

Mission

MFI PROVIDES MEANINGFUL RELATIONSHIPS AMONG MEMBER MINISTERS, ENABLING THEM TO BE MORE EFFECTIVE IN THEIR CALLING FOR THE PURPOSE OF BUILDING AND MULTIFLYING STRONG LOCAL CHURCHES AROUND THE WORLD.

Program Service Accomplishments

Program 1

HOSTED THE 2024 MFI GLOBAL CONFERENCE IN PORTLAND, SERVING APPROXIMATELY 1500 PASTORS AND LEADERS FROM ACROSS THE US AND AROUND THE WORLD. THE CONFERENCE PROVIDED LEADERSHIP DEVELOPMENT, PASTORAL...

HOSTED THE 2024 MFI GLOBAL CONFERENCE IN PORTLAND, SERVING APPROXIMATELY 1500 PASTORS AND LEADERS FROM ACROSS THE US AND AROUND THE WORLD. THE CONFERENCE PROVIDED LEADERSHIP DEVELOPMENT, PASTORAL ENCOURAGEMENT, MINISTRY TRAINING AND CONNECTION FOR CHURCHES IN THE MFI NETWORK.

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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 $891,156

Program Service Revenue $0

Investment Income $6,680

Other Revenue $0

TOTAL REVENUE $897,836

Expense Breakdown

Grants Paid $0

Salaries & Benefits $212,981

Fundraising Expenses $0

Program Expenses $560,862

Other Expenses $495,717

TOTAL EXPENSES $708,698

Year-over-Year Comparison

	2024	2023	Change
Revenue	$897,836	$619,839	+0.4%
Expenses	$708,698	$563,851	+0.3%
Net Income	$189,138	$55,988	+2.4%

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

$82,202

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK DAMAZIO	CHAIRMAN	40.00	Officer	$82,202	$0	$82,202
ERIC BUTLER	TRI STATE DI	N/A	Officer	$0	$0	$0
DAVID CANNISTRACI	CA NV DIRECT	N/A	Officer	$0	$0	$0
AARON CHIDESTER	HI ISLAND DI	N/A	Officer	$0	$0	$0
JEFF ECKLUND	INTERMOUNTAI	N/A	Officer	$0	$0	$0
DAVID FRECH	MIDWEST DIRE	N/A	Officer	$0	$0	$0
BOB GRIMM	INTERMOUNTAI	N/A	Officer	$0	$0	$0
MIKE HENNIGAN	MID ATANTIC	N/A	Officer	$0	$0	$0
MICHAEL HURLEY	WA AK DIRECT	N/A	Officer	$0	$0	$0
TYRONE JONES	SW DIRECTOR	N/A	Officer	$0	$0	$0
GILBERT KELLY	SE DIRECTOR	N/A	Officer	$0	$0	$0
ROBERT MACGREGOR	VICE CHAIRMA	N/A	Officer	$0	$0	$0
BRAD NEUSCHWANDER	S OR DIRECTO	N/A	Officer	$0	$0	$0
GILBERT SILVA	GL NE DIRECT	N/A	Officer	$0	$0	$0
RAUL TORRES	PUERTO RICO	N/A	Officer	$0	$0	$0
JEFF WELLS	COL RIVER DI	N/A	Officer	$0	$0	$0
JONATHAN WILKINS	VICE CHAIRMA	N/A	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
2025	No data	No data	No data	No data
2024	$897,836	$708,698	$447,507	$189,138
2023	$619,839	$563,851	$244,858	$55,988
2022	$540,139	$561,961	$195,400	$-21,822
2021	$453,406	$444,465	$214,010	$8,941
2020	$381,597	$348,548	$214,360	$33,049
2018	$466,531	$457,862	$190,397	$8,669

MINISTERS FELLOWSHIP INTERNATIONAL INC