BELIEVE IN HIS NAME

EIN: 271231699 501(c)(3) Religion

AMARILLO, TX

Total Revenue
$130,564
Total Expenses
$94,033
Total Assets
$383,624
Net Assets
$385,825
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
TX
Principal Officer
JOLENA WATSON
Phone
8063410907
Tax Period
2023-01-01 to 2023-12-31

BELIEVE IN HIS NAME, founded in 2009, is a small nonprofit in the Religion sector that reported $131K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $37K, a strong 28% operating margin.

Mission

THE MISSION OF BELIEVE IN HIS NAME IS TO ADDRESS AND ASSIST THE SPIRTUAL AND PHYSICAL NEEDS OF THE NEEDY AND OPPRESSED WORLDWIDE. WE ARE ALSO FOCUSING ON TRAINING AND EQUIPPING THE CALLED TO WALK AS AMBASSADORS OF GOD'S LOVE AND HOPE. BELIEVE IN HIS NAME PROVIDES SERVICES IN AMARILLO, TEXAS AND WORLDWIDE AS IDENTIFIED PROJECTS REQUIRE. 100% OF THE ORGANIZATION'S TIME IS ALLOCATED TO INVESTIGATING, FUNDING, AND PROVIDING SERVICES FOR PROJECTS THAT MEET THE ORGANIZATION'S CRITERIA.

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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 $125,755
Program Service Revenue $0
Investment Income $4,809
Other Revenue $0
TOTAL REVENUE $130,564

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $91,226
Other Expenses $94,033
TOTAL EXPENSES $94,033

Year-over-Year Comparison

2023 2022 Change
Revenue $130,564 $222,914 -0.4%
Expenses $94,033 $296,826 -0.7%
Net Income $36,531 $-73,912 -1.5%
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

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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
9
Independent Members
9
Employees
N/A
Volunteers
16

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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSHUA BRASSFIELD TREASURER 1.00
Officer Director
$0 $0 $0
KIM DAMON DIRECTOR 1.00
Director
$0 $0 $0
JOHN DODSON DIRECTOR 1.00
Director
$0 $0 $0
TRACI EPPS DIRECTOR 1.00
Director
$0 $0 $0
LESLIE HAYS SECRETARY 1.00
Officer Director
$0 $0 $0
MIKE MCCULLOUGH DIRECTOR 1.00
Director
$0 $0 $0
DAVID MCKENZIE CO-CHAIR 1.00
Officer Director
$0 $0 $0
LUKE WHALEY DIRECTOR 1.00
Director
$0 $0 $0
JIMMY WILLIAMS CO-CHAIR 1.00
Officer Director
$0 $0 $0
JOLENA WATSON EXECUTIVE DI 8.00
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
2024 No data No data No data No data
2023 $130,564 $94,033 $383,624 $36,531
2022 $222,914 $296,826 $351,495 $-73,912
2021 $227,253 $82,990 $423,206 $144,263
2020 $140,937 $76,861 $278,943 $64,076
2019 $159,802 $111,330 $214,867 $48,472
2018 $213,735 $139,741 $166,395 $73,994
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