Merea Ministry Inc

EIN: 300268155 501(c)(3) Religion

Batesville, MS

Total Revenue
$206,858
Total Expenses
$27,277
Total Assets
$194,522
Net Assets
$194,522
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MS
Principal Officer
TERRIE L HARWOOD
Phone
6625784928
Tax Period
2023-01-01 to 2023-12-31

Merea Ministry Inc, founded in 2004, is a small nonprofit in the Religion sector that reported $207K in total revenue in fiscal year 2023. Revenue surged 1219% from the prior year, signaling strong growth momentum. The organization ran a surplus of $180K, a strong 87% operating margin.

Mission

To assist women in need with life and job skill classes and support

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $206,858
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $206,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,887
Fundraising Expenses $0
Program Expenses $6,866
Other Expenses $14,390
TOTAL EXPENSES $27,277

Year-over-Year Comparison

2023 2022 Change
Revenue $206,858 $15,681 +12.2%
Expenses $27,277 $42,535 -0.4%
Net Income $179,581 $-26,854 -7.7%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
15

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
3
$0
Total Directors
0
$0
Key Employees
1
$12,971
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRIE L HARWOOD Executive Director 25.00
Key Emp
$11,971 $1,000 $12,971
JENNIFER KOWALSKI Chairman 1.000
Officer
$0 $0 $0
DORIS KNIGHT Treasuer 1.000
Officer
$0 $0 $0
WANDA MCCLURE Secretary 1.000
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
2023 $206,858 $27,277 $194,522 $179,581
Explore More Nonprofits
→Top 100 Nonprofits in Mississippi →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Merea Ministry Inc with other nonprofits in Mississippi and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.