KEITH NIX MINISTRIES INC

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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

2004

Legal Domicile

Phone

8657730488

Tax Period

2024-01-01 to 2024-12-31

KEITH NIX MINISTRIES INC, founded in 2004, is a small nonprofit in the Religion sector that reported $213K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $203K left a modest 5% surplus.

Mission

SPREADS THE GOLSPEL OF JESUS CHRIST THROUGH PREACHING AND TEACHING THE WORK OF GOD WITH SPECIAL EMPHASIS ON TARGETING OF YOUNG PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $203,231 Revenue: $213,373

SPREADS THE GOLSPEL OF JESUS CHRIST THROUGH PREACHING AND TEACHING THE WORK OF GOD WITH SPECIAL EMPHASIS ON TARGETING OF YOUNG PEOPLE.

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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 $213,357

Program Service Revenue $0

Investment Income $17

Other Revenue $0

TOTAL REVENUE $213,374

Expense Breakdown

Grants Paid $0

Salaries & Benefits $377

Fundraising Expenses $0

Program Expenses $203,231

Other Expenses $202,854

TOTAL EXPENSES $203,231

Year-over-Year Comparison

	2024	2023	Change
Revenue	$213,374	$163,902	+0.3%
Expenses	$203,231	$133,678	+0.5%
Net Income	$10,143	$30,224	-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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MARGIE NIX	BOARD MEMBER	Director	$0	$0	$0
ROCKY HOLLIFIELD	BOARD MEMBER	Director	$0	$0	$0
MIKE NATZEL	BOARD MEMBER	Director	$0	$0	$0
KEITH NIX	PRESIDENT	Officer	$0	$0	$0
DAVID PERRY	VICE PRESIDENT	Officer	$0	$0	$0
CARLA COGGINS	SECRETARY TREASURER	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
2024	$213,374	$203,231	$93,630	$10,143
2023	$163,902	$133,678	No data	$30,224
2021	$216,245	$197,378	$44,502	$18,867
2020	$163,663	$185,946	No data	$-22,283
2018	$104,050	$103,121	$10,721	$929