WADE MORRIS MINISTRIES INC

EIN: 200463527 501(c)(3) Religion

BIRMINGHAM, AL

Total Revenue
$156,594
Total Expenses
$153,218
Total Assets
$9,025
Net Assets
$9,025
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
AL
Principal Officer
WADE MORRIS
Phone
2059954925
Tax Period
2020-01-01 to 2020-12-31

WADE MORRIS MINISTRIES INC is a small nonprofit in the Religion sector that reported $195K in total revenue in fiscal year 2018. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

SPREADING THE GOSPEL OF JESUS CHRIST TO THE WORLD IN A RELEVANT MANNER SO THAT PEOPLE WILL COME TO A SAVING AND GROWING KNOWLEDGE OF HIM.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $156,594
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $156,594

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,976
Fundraising Expenses $0
Program Expenses $152,418
Other Expenses $59,242
TOTAL EXPENSES $153,218

Year-over-Year Comparison

2020 2019 Change
Revenue $156,594 $184,637 -0.2%
Expenses $153,218 $188,774 -0.2%
Net Income $3,376 $-4,137 -1.8%
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

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Governance

Voting Members
6
Independent Members
5
Employees
1
Volunteers
5

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
1
$93,976
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WADE MORRIS EXECUTIVE DI 40.00
Officer
$55,000 $38,976 $93,976
CHRIS CULVER VP N/A
Director
$0 $0 $0
GREG JOHNSON SECRETARY N/A
Director
$0 $0 $0
DEBORAH MORRIS TREASURER N/A
Director
$0 $0 $0
AUBREY DENNIS SCOTT DIRECTOR N/A
Director
$0 $0 $0
JASON WALLIS DIRECTOR N/A
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
2020 $156,594 $153,218 $9,025 $3,376
2019 $184,637 $188,774 $5,649 $-4,137
2018 $194,605 $195,178 $9,786 $-573
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