VENTURE MINISTRIES INC

EIN: 260813185 501(c)(3) Religion

Broken Arrow, OK

Total Revenue
$270,690
Total Expenses
$291,967
Total Assets
$4,493
Net Assets
$4,493
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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
2009
Legal Domicile
OK
Principal Officer
AARON ASHWORTH
Phone
9185578789
Tax Period
2024-01-01 to 2024-12-31

VENTURE MINISTRIES INC, founded in 2009, is a small nonprofit in the Religion sector that reported $271K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $270,690
Investment Income $0
Other Revenue $0
TOTAL REVENUE $270,690

Expense Breakdown

Grants Paid $0
Salaries & Benefits $149,127
Fundraising Expenses $0
Program Expenses $187,818
Other Expenses $142,840
TOTAL EXPENSES $291,967

Year-over-Year Comparison

2024 2023 Change
Revenue $270,690 $604,771 -0.6%
Expenses $291,967 $599,669 -0.5%
Net Income $-21,277 $5,102 -5.2%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
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
1
$40,364
Total Directors
3
$40,364
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON ASHWORTH PRESIDENT 40.00
Officer Director
$40,364 $0 $40,364
RICHARD BEESON VICE PRESIDENT 1.00
Director
$0 $0 $0
ROSANNA ASHWORTH SECRETARY 5.00
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 $270,690 $291,967 $4,493 $-21,277
2022 $149,788 $162,127 $9,669 $-12,339
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