APT MINISTRIES

EIN: 263584260 501(c)(3) Religion

MCKINNEY, TX

Total Revenue
$375,895
Total Expenses
$329,568
Total Assets
$145,804
Net Assets
$145,653
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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
TX
Principal Officer
CHUCK BALLARD
Phone
9034614397
Tax Period
2023-01-01 to 2023-12-31

APT MINISTRIES, founded in 2009, is a small nonprofit in the Religion sector that reported $376K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $330K left a modest 12% surplus.

Mission

TO TRAIN PASTORS/LEADERS IN AFRICA WHO HAVE LITTLE OR NO FORMAL TRAINING AND RESOURCES. TEACH THEM HOW TO STUDY AND PREPARE BIBLE-BASED MESSAGES USING THE THOMPSON CHAIN REFERENCE STUDY BIBLE AND TO PROVIDE BIBLE TO TRAINED PASTORS/LEADERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $375,895
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $375,895

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,212
Fundraising Expenses $7,535
Program Expenses $285,572
Other Expenses $258,356
TOTAL EXPENSES $329,568

Year-over-Year Comparison

2023 2022 Change
Revenue $375,895 $253,458 +0.5%
Expenses $329,568 $283,042 +0.2%
Net Income $46,327 $-29,584 -2.6%
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
7
Independent Members
6
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
1
$67,738
Total Directors
1
$67,738
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHUCK BALLARD PRESIDENT 40.00
Officer Director
$67,738 $0 $67,738
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 No data No data No data No data
2023 $375,895 $329,568 $145,804 $46,327
2022 $253,458 $283,042 $99,555 $-29,584
2021 $298,913 $241,678 $129,038 $57,235
2019 $264,633 $214,078 $84,532 $50,555
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