721 MINISTRIES INC

EIN: 200738752 501(c)(3) Religion

COLUMBIA, SC

Total Revenue
$340,401
Total Expenses
$343,662
Total Assets
$222,710
Net Assets
$222,710
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
SC
Principal Officer
GINGER NICHOLS
Phone
8034299927
Tax Period
2024-01-01 to 2024-12-31

721 MINISTRIES INC, founded in 2004, is a small nonprofit in the Religion sector that reported $340K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

TO EVANGELIZE AND DISCIPLE INDIVIDUALS IN CHRIST

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $323,758
Program Service Revenue $0
Investment Income $14,917
Other Revenue $1,726
TOTAL REVENUE $340,401

Expense Breakdown

Grants Paid $0
Salaries & Benefits $244,421
Fundraising Expenses $0
Program Expenses $330,804
Other Expenses $99,241
TOTAL EXPENSES $343,662

Year-over-Year Comparison

2024 2023 Change
Revenue $340,401 $371,968 -0.1%
Expenses $343,662 $353,294 0.0%
Net Income $-3,261 $18,674 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
10

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
0
$0
Total Directors
5
$237,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM HUNTER DIRECTOR 40.00
Director
$191,200 $46,000 $237,200
IRV PHILPOT ESQ BOARD MEMBER N/A
Director
$0 $0 $0
PATRICK MALONEY BOARD MEMBER N/A
Director
$0 $0 $0
GINGER NICHOLS BOARD MEMBER N/A
Director
$0 $0 $0
SHUFY ROWE BOARD MEMBER 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
2024 $340,401 $343,662 $222,710 $-3,261
2023 $371,968 $353,294 $225,971 $18,674
2022 $371,310 $346,622 $205,144 $24,688
2021 $326,113 $308,488 $185,725 $17,625
2020 $292,392 $300,200 $153,900 $-7,808
Explore More Nonprofits
→Top 100 Nonprofits in South Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare 721 MINISTRIES INC with other nonprofits in South Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.