721 MINISTRIES INC

🔒

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

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

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

BIBLICAL TEACHING, DISCUSSIONS, AND DISCIPLESHIP THROUGH SMALL GROUPS BY DEVOTIONAL BOOKS, PODCASTS, AND LUNCH AND EVENING FELLOWSHIPS. INDIVIDUALS AND FAMILIES HAVE TURNED FROM DESTRUCTIVE LIFESTYLES TO ETERNAL ONES.

Program Service Accomplishments

Program 1

Expenses: $330,804

SEE MISSION EXPLANATION ABOVE PAID BY CONTRIBUTIONS,PT VII, LINE 1F

🔒

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%)

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$237,200

Key Employees

Highest Compensated

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