INVERT MINISTRIES INC

EIN: 271190112 501(c)(3)

HAMPTON, VA

Total Revenue
$121,521
Total Expenses
$118,819
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VA
Principal Officer
RITA STAUL
Phone
7578961281
Tax Period
2022-01-01 to 2022-12-31

INVERT MINISTRIES INC, founded in 2009, is a micro nonprofit that reported $71K in total revenue in fiscal year 2018. Revenue decreased 18% compared to the prior year. Expenses of $64K left a modest 10% surplus.

Mission

RELIGIOUS MINISTRY FOR TEENS AND YOUNG ADULTS CENTERED AT AN INDOOR SKATE FACILITY COMBINING ORGANIZED AFTER SCHOOL ACTIVITIES WITH REGULAR WEEKLY RELIGIOUS AND DEVOTIONAL MEETINGS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $121,521
TOTAL REVENUE $121,521

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,488
Fundraising Expenses $0
Program Expenses $118,819
Other Expenses $57,331
TOTAL EXPENSES $118,819

Year-over-Year Comparison

2022 2021 Change
Revenue $121,521 $176,077 -0.3%
Expenses $118,819 $182,964 -0.4%
Net Income $2,702 $-6,887 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
9
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA SEE TREASURER N/A
Officer
$0 $0 $0
BRENTON STAUL VICE PRESIDE N/A
Officer
$0 $0 $0
RITA STAUL PRESIDENT 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
2022 $121,521 $118,819 No data $2,702
2021 $176,077 $182,964 $41,537 $-6,887
2020 $174,082 $168,662 $41,321 $5,420
2019 $82,104 $141,027 $40,931 $-58,923
2018 $70,742 $63,805 $98,168 $6,937
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