ThirstySouls Ministries Inc

EIN: 300213425 501(c)(3) Religion

Shrewsbury, PA

Total Revenue
$458,333
Total Expenses
$434,181
Total Assets
$145,449
Net Assets
$144,856
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
PA
Principal Officer
VERN ANNIS
Phone
7174512002
Tax Period
2023-01-01 to 2023-12-31

ThirstySouls Ministries Inc, founded in 2003, is a small nonprofit in the Religion sector that reported $458K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $434K left a modest 5% surplus.

Mission

To advance the kingdom of God in the community and beyond; uniting and strengthening believers to influence their world to the Glory of God.

Program Service Accomplishments

Program 1
Expenses: $200,122 Revenue: $206,303

Source of Life Ministries has been working in Haiti since 1999. It is our vision to meet the various needs of the people of Haiti. Two new children were added to the orphanage/school program. This...

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Source of Life Ministries has been working in Haiti since 1999. It is our vision to meet the various needs of the people of Haiti. Two new children were added to the orphanage/school program. This year construction of the guest house began.The community feeding program continued to reach people outside the gates. Also, the first high school graduate completed schooling.

Program 2
Expenses: $100,217 Revenue: $130,000

Started in 2007, Restoration Gateway (RGL)exists to join Christ in restoring peace and healing wounds among the vulnerable children and war torn people of Northern Uganda. 700 acres of land...

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Started in 2007, Restoration Gateway (RGL)exists to join Christ in restoring peace and healing wounds among the vulnerable children and war torn people of Northern Uganda. 700 acres of land overlooking the Nile is being developed into a holistic, reproducible community through orphan care, health care, empowerment and ministry to the church. 100 orphans are cared for in small individual family style units with 8-10 orphans under the care of a house mother in each. An on-site school provides both primary and secondary education. A community church provides Christ-centerd ministry to the orphans and staff of GRL. The hospital at RGL has approximately 100+ beds with large outpatient, operating room,lab and x-ray facilities as well. This facility is becoming the hospital of choice for the people in the surrounding districts. It is nearer to many of these people and increases the bed capacity in the area by nearly 50%. Medical, nursing and allied healthcare students will soon be able to receive supervised training.

Program 3
Expenses: $22,810 Revenue: $24,750

West Bank ministry supports efforts for evangelism in the area. Efforts include sharing the christian gospel among Muslims living in the West Bank Small meetings are started in homes and leaders...

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West Bank ministry supports efforts for evangelism in the area. Efforts include sharing the christian gospel among Muslims living in the West Bank Small meetings are started in homes and leaders trained to lead these meetings.

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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 $394,600
Program Service Revenue $63,733
Investment Income $0
Other Revenue $0
TOTAL REVENUE $458,333

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $420,489
Other Expenses $434,181
TOTAL EXPENSES $434,181

Year-over-Year Comparison

2023 2022 Change
Revenue $458,333 $366,852 +0.2%
Expenses $434,181 $345,097 +0.3%
Net Income $24,152 $21,755 +0.1%
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
8
Independent Members
8
Employees
N/A
Volunteers
7

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joe Luers President 3.00
Officer
$0 $0 $0
Nicole Perez Treasurer 5.00
Officer
$0 $0 $0
Stanley Weidler Board Member 3.00
Director
$0 $0 $0
Jessica Rufle Board Member 3.00
Director
$0 $0 $0
Derek Rufle Board Member 3.00
Director
$0 $0 $0
Carson Merine Board Member 3.00
Director
$0 $0 $0
Patty Hegberg Board Member 3.00
Director
$0 $0 $0
Vern Annis Director 5.00
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
2024 No data No data No data No data
2023 $458,333 $434,181 $145,449 $24,152
2022 $366,852 $345,097 $121,625 $21,755
2021 $408,520 $416,508 No data $-7,988
2020 $378,613 $346,302 $115,839 $32,311
2019 $383,170 $393,726 $83,527 $-10,556
2018 $351,654 $373,809 $93,480 $-22,155
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