ThirstySouls Ministries Inc (EIN 300213425) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
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

ThirstySouls Ministries Inc