FOLLOW UP MINISTRIES INC (EIN 941381596) - 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

1956

Legal Domicile

Principal Officer

ROBERT REEDER

Phone

5108811178

Tax Period

2022-01-01 to 2022-12-31

FOLLOW UP MINISTRIES INC, founded in 1956, is a micro nonprofit in the Crime & Legal sector that reported $90K in total revenue in fiscal year 2022. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $150K exceeded revenue, resulting in a 66% operating deficit.

Mission

RELIGIOUS ORGANIZATION TO PROVIDE MINISTRIES TO PRISONERS

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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 (2022)

Revenue Breakdown

Contributions & Grants $67,873

Program Service Revenue $2,841

Investment Income $10,706

Other Revenue $8,873

TOTAL REVENUE $90,293

Expense Breakdown

Grants Paid $6,983

Salaries & Benefits $46,844

Fundraising Expenses $0

Program Expenses $149,636

Other Expenses $71,809

TOTAL EXPENSES $149,636

Year-over-Year Comparison

	2022	2021	Change
Revenue	$90,293	$234,449	-0.6%
Expenses	$149,636	$131,080	+0.1%
Net Income	$-59,343	$103,369	-1.6%

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

$43,488

Total Directors

$43,488

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM RICHARDSON	TREASURER	2.00	Officer Director	$0	$0	$0
TIM WAGONER	PRESIDENT	40.00	Officer Director	$19,488	$24,000	$43,488
THOMAS WELSH	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ALVIN JACKSON	VP	2.00	Officer Director	$0	$0	$0
GARY PECK	FUNDRAISING	2.00	Officer Director	$0	$0	$0
BEN JENNINGS	MINISTRY	2.00	Officer Director	$0	$0	$0
MARY RODRIGUEZ	LEADERSHIP	2.00	Officer	$0	$0	$0
PAUL WEBER	OPERATIONS	2.00	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
2022	$90,293	$149,636	$424,004	$-59,343
2021	$234,449	$131,080	$486,336	$103,369
2020	$172,722	$167,237	$382,465	$5,485

FOLLOW UP MINISTRIES INC