Turn Around Ministry

EIN: 271598637 501(c)(3) Religion

Big Spring, TX

Total Revenue
$48,400
Total Expenses
$47,565
Total Assets
$2,277
Net Assets
$2,277
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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
2010
Legal Domicile
TX
Principal Officer
Mike Seay
Tax Period
2025-01-01 to 2025-12-31

Turn Around Ministry, founded in 2010, is a micro nonprofit in the Religion sector that reported $48K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year.

Mission

Religious activities.

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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 (2025)

Revenue Breakdown

Contributions & Grants $48,400
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $48,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $47,565
Other Expenses $47,565
TOTAL EXPENSES $47,565

Year-over-Year Comparison

2025 2024 Change
Revenue $48,400 $56,205 -0.1%
Expenses $47,565 $58,071 -0.2%
Net Income $835 $-1,866 -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

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
1
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
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Seay President 020.00
Officer 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
2025 $48,400 $47,565 $2,277 $835
2024 $56,205 $58,071 $1,442 $-1,866
2023 $53,030 $50,936 $3,308 $2,094
2022 $60,750 $71,557 $1,214 $-10,807
2021 $52,488 $50,263 $12,021 $2,225
2020 $51,996 $56,878 $9,796 $-4,882
2019 $65,733 $54,388 $14,678 $11,345
2018 $47,815 $51,573 $3,333 $-3,758
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