JERRY DRACE EVANGELISTIC ASSOC INC

EIN: 237430843 501(c)(3)

HUMBOLDT, TN

Total Revenue
$36,848
Total Expenses
$33,494
Total Assets
$113,527
Net Assets
$113,527
🔒

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
1975
Legal Domicile
TN
Principal Officer
JERRY DRACE
Phone
7317840087
Tax Period
2023-04-01 to 2024-03-31

JERRY DRACE EVANGELISTIC ASSOC INC, founded in 1975, is a micro nonprofit that reported $37K in total revenue in fiscal year 2023. Expenses of $33K left a modest 9% surplus.

Mission

THE ASSOCIATION IS AN EVANGELISTIC ASSOCIATION FORMED FOR THE PURPOSE OF CONDUCTING EVANGELISTIC SERVICES AND FAMILY ENRICHMENT SEMINARS IN THE UNITED STATES AND FOREIGN COUNTRIES.

Program Service Accomplishments

Program 1
Expenses: $28,296 Revenue: $195

CONDUCTED EVANGELISTIC REVIVAL MEETINGS AND "HOPE FOR THE HOME" SEMINARS IN NUMEROUS CHURCHES; SOLD COPIES OF PREVIOUSLY PUBLISHED HOPE FOR THE HOME STUDY BIBLES DESIGNED TO PROVIDE BIBLICAL INSIGHTS...

Read more

CONDUCTED EVANGELISTIC REVIVAL MEETINGS AND "HOPE FOR THE HOME" SEMINARS IN NUMEROUS CHURCHES; SOLD COPIES OF PREVIOUSLY PUBLISHED HOPE FOR THE HOME STUDY BIBLES DESIGNED TO PROVIDE BIBLICAL INSIGHTS TO BUILD AND STRENGTHEN FAMILY RELATIONSHIPS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $34,691
Program Service Revenue $195
Investment Income $1,962
Other Revenue $0
TOTAL REVENUE $36,848

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,485
Fundraising Expenses $0
Program Expenses $28,296
Other Expenses $13,009
TOTAL EXPENSES $33,494

Year-over-Year Comparison

2023 2022 Change
Revenue $36,848 $-446 -83.6%
Expenses $33,494 $37,073 -0.1%
Net Income $3,354 $-37,519 -1.1%
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
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
2
$12,480
Total Directors
7
$12,480
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BECKY DRACE BOOKKEEPER/S 20.00
Officer Director
$12,480 $0 $12,480
BOB ALVEY DIRECTOR 2.00
Director
$0 $0 $0
GARY CARTER DIRECTOR 2.00
Director
$0 $0 $0
JERRY DRACE PRESIDENT 15.00
Officer Director
$0 $0 $0
MIKE DUDUIT DIRECTOR 2.00
Director
$0 $0 $0
BARRY GLENN DIRECTOR 2.00
Director
$0 $0 $0
JACKIE TAYLOR DIRECTOR 2.00
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 $36,848 $33,494 $113,527 $3,354
2023 $-446 $37,073 $110,173 $-37,519
2022 $35,219 $39,388 $147,692 $-4,169
2021 $64,649 $39,765 $151,861 $24,884
2020 $23,217 $41,295 $126,977 $-18,078
2019 $37,441 $37,383 $145,055 $58
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare JERRY DRACE EVANGELISTIC ASSOC INC with other nonprofits in Tennessee 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.