TCT MINISTRIES INC

🔒

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

2000

Legal Domicile

Principal Officer

ERIC L MILLINGTON

Phone

6189979333

Tax Period

2023-01-01 to 2023-12-31

TCT MINISTRIES INC, founded in 2000, is a mid-sized nonprofit in the Religion sector that reported $12.2M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $11.7M left a modest 4% surplus.

Mission

RELIGIOUS BROADCASTING

Program Service Accomplishments

Program 1

Expenses: $7,791,252 Revenue: $3,338,311

THE LIVES OF MILLIONS OF PEOPLE HAVE BEEN TOUCHED BY THE BROADCAST OF THE GOSPEL MESSAGE. PEOPLE HAVE BEEN SAVED, HEALED, AND MINISTERED TO IN COUNTLESS WAYS THROUGH THIS TELEVISION NETWORK.

🔒

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 $8,598,441

Program Service Revenue $3,338,076

Investment Income $288,392

Other Revenue $235

TOTAL REVENUE $12,225,144

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,146,490

Fundraising Expenses $199,937

Program Expenses $7,791,252

Other Expenses $8,532,540

TOTAL EXPENSES $11,679,030

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,225,144	$10,746,150	+0.1%
Expenses	$11,679,030	$11,862,461	0.0%
Net Income	$546,114	$-1,116,311	-1.5%

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

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

$450,655

Total Directors

$249,155

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VACANT	PRESIDENT	0.00	Officer Director	$0	$0	$0
CHRISTINA M COONCE	VICE PRESIDENT	2.00	Officer Director	$0	$115	$41,097
JULIE A NOLAN	ASSISTANT SEC	40.00	Officer Director	$20,072	$13,126	$33,198
THOMAS C NOLAN IV	DIRECTOR	40.00	Director	$0	$39,114	$174,860
VICTORIA M CLARK	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES R PAYNE	TREASURER	5.00	Officer Director	$0	$0	$0
LONNIE BROWN	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL J DALY	SECRETARY	40.00	Officer	$182,663	$12,495	$195,158
SHANE A CHANEY	CFO	40.00	Officer	$181,202	$0	$181,202
GREG ELLSWORTH	EMPLOYEE	40.00	Highest	$140,865	$0	$140,865
JUDY CHURCH	EMPLOYEE	40.00	Highest	$109,760	$0	$109,760
JOHN DADY	EMPLOYEE	40.00	Highest	$128,568	$0	$128,568
ROBERY HIGLEY	EMPLOYEE	40.00	Highest	$118,183	$0	$118,183

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	$12,225,144	$11,679,030	$12,525,379	$546,114
2023	$12,225,144	$11,679,030	$12,525,379	$546,114
2022	$10,746,150	$11,862,461	$10,925,688	$-1,116,311
2022	$10,746,150	$11,862,461	$10,925,688	$-1,116,311
2021	$10,751,910	$10,156,639	$14,139,992	$595,271
2020	$9,206,010	$9,511,906	$11,177,484	$-305,896
2019	$11,000,758	$10,054,833	$10,647,638	$945,925
2018	$11,979,647	$8,451,665	$8,517,653	$3,527,982