VICTORY WORLD MISSIONS OF TEXAS INC (EIN 300195777) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Phone

9726171289

Tax Period

2024-01-01 to 2024-12-31

VICTORY WORLD MISSIONS OF TEXAS INC, founded in 2003, is a small nonprofit in the Religion sector that reported $182K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $252K exceeded revenue, resulting in a 39% operating deficit.

Mission

WE PARTNER WITH VARIOUS MISSIONS ORGANIZATIONS AROUND THE WORLD, BUILDING AND SUPPORTING HOSPITALS, NURSES, NURSES QUARTERS AND OTHER HUMANITARIAN PROJECTS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $181,501

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $181,501

Expense Breakdown

Grants Paid $98,987

Salaries & Benefits $31,614

Fundraising Expenses $0

Program Expenses $206,162

Other Expenses $121,332

TOTAL EXPENSES $251,933

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,501	$146,253	+0.2%
Expenses	$251,933	$330,138	-0.2%
Net Income	$-70,432	$-183,885	-0.6%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIRGINIA CARMAN	PRESIDENT	40.00	Officer	$0	$0	$0
LARRY HILL	SECRETARY	10.00	Officer	$0	$0	$0
ANDREW E CARMAN	VICE PRESIDENT	10.00	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	$181,501	$251,933	$4,104,920	$-70,432
2023	$146,253	$330,138	$3,862,833	$-183,885
2022	$149,632	$229,847	$4,118,907	$-80,215
2021	$261,836	$309,370	$4,136,683	$-47,534
2020	$388,642	$322,314	$4,127,305	$66,328
2019	$225,300	$215,288	$4,069,269	$10,012
2018	$235,874	$214,616	$4,055,260	$21,258

VICTORY WORLD MISSIONS OF TEXAS INC