TAB SMITH MINISTRIES INC (EIN 205071252) - 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

2006

Principal Officer

TAB MILLER

Phone

9127393441

Tax Period

2023-01-01 to 2023-12-31

TAB SMITH MINISTRIES INC, founded in 2006, is a micro nonprofit in the Religion sector that reported $70K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $61K left a modest 12% surplus.

Mission

TO WIN PEOPLE TO FAITH IN JESUS CHRIST THROUGH TEACHING AND PREACHING VIA RADIO, TELEVISION, PRINTED MATERIALS, THE INTERNET, AND PERSONAL SPEAKING ENGAGEMENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $69,833

Program Service Revenue $0

Investment Income $0

Other Revenue $108

TOTAL REVENUE $69,941

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,603

Fundraising Expenses $0

Program Expenses $56,073

Other Expenses $13,670

TOTAL EXPENSES $61,273

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,941	$48,773	+0.4%
Expenses	$61,273	$80,334	-0.2%
Net Income	$8,668	$-31,561	-1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BOATRIGHT	CHAIR BD OF	N/A	Director	$0	$0	$0
TERRY BRANCH	DIRECTOR	N/A	Director	$0	$0	$0
CHAD COFIELD	SEC/TREASU	N/A	Director	$0	$0	$0
MARTY GILBRETH	DIRECTOR	N/A	Director	$0	$0	$0
HAROLD KEMP	DIRECTOR	N/A	Director	$0	$0	$0
MILTON KENNEDY	VICE CHAIR	N/A	Director	$0	$0	$0
JOE MILLER	DIRECTOR	N/A	Director	$0	$0	$0
JIMMY SANDS	DIRECTOR	N/A	Director	$0	$0	$0
DERWOOD TOOTLE	DIRECTOR	N/A	Director	$0	$0	$0
DAVID WOMACK	DIRECTOR	N/A	Director	$0	$0	$0
THOMAS J MILLER JR	CFO/FIN OFFI	N/A	Officer	$0	$0	$0
TIMOTHY MILLER	COO	N/A	Officer	$0	$0	$0
OH SMITH	PRESIDENT EM	N/A	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
2023	$69,941	$61,273	$26,497	$8,668
2022	$48,773	$80,334	$21,697	$-31,561
2021	$62,621	$80,678	$52,541	$-18,057
2020	$71,173	$61,450	$169,473	$9,723
2020	$77,420	$77,986	$84,548	$-566
2019	$141,550	$147,045	$88,641	$-5,495
2019	$137,974	$73,419	$158,690	$64,555
2018	$172,401	$172,742	$85,700	$-341

TAB SMITH MINISTRIES INC