DEVOTIONS FOR GROWING CHRISTIANS INC

EIN: 363313145 501(c)(3)

Westerly, RI

Total Revenue
$144,945
Total Expenses
$107,737
Total Assets
$723,557
Net Assets
$723,557
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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
1983
Legal Domicile
IL
Principal Officer
Ronald P Reid
Phone
4014658403
Tax Period
2023-07-01 to 2024-06-30

DEVOTIONS FOR GROWING CHRISTIANS INC, founded in 1983, is a small nonprofit that reported $145K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $37K, a strong 26% operating margin.

Mission

To help Christians grow in their faith by website, app, written materials, worship music, radio programs, social media, and digital audio.

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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 $119,955
Program Service Revenue $0
Investment Income $24,271
Other Revenue $719
TOTAL REVENUE $144,945

Expense Breakdown

Grants Paid $4,050
Salaries & Benefits $74,287
Fundraising Expenses $0
Program Expenses $107,737
Other Expenses $29,400
TOTAL EXPENSES $107,737

Year-over-Year Comparison

2023 2022 Change
Revenue $144,945 $103,853 +0.4%
Expenses $107,737 $93,318 +0.2%
Net Income $37,208 $10,535 +2.5%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
2

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
4
$74,287
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ronald Reid President 40
Officer Highest
$74,287 $0 $74,287
Jonathan Reid Advisor 0
Officer
$0 $0 $0
Catherine Reid Advisor 0
Officer
$0 $0 $0
Margaret Reid Officer / Volunteer employee 10
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
2025 No data No data No data No data
2024 $144,945 $107,737 $723,557 $37,208
2023 $103,853 $93,318 $686,349 $10,535
2022 $143,330 $103,637 $675,814 $39,693
2021 $121,641 $90,012 $636,121 $31,629
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