REACH Ministries of Corpus Christi

EIN: 452677174 501(c)(3) Religion

Corpus Christi, TX

Total Revenue
$224,648
Total Expenses
$197,265
Total Assets
$38,134
Net Assets
$38,134
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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
2011
Legal Domicile
TX
Principal Officer
Gregg A Lindsey
Phone
3619931604
Tax Period
2023-01-01 to 2023-12-31

REACH Ministries of Corpus Christi, founded in 2011, is a small nonprofit in the Religion sector that reported $225K in total revenue in fiscal year 2023. Expenses of $197K left a modest 12% surplus.

Mission

Lead men to know, mature, & serve Christ

Program Service Accomplishments

Program 1
Expenses: $21,994 Revenue: $31,622

Evangelism Special events with local & regional speakers to promote the Gospel & encourage Bible studies

Program 2
Expenses: $10,957 Revenue: $6,614

Spiritual Education Discipleship, Weekly Bible Studies

Program 3
Expenses: $45,543 Revenue: $29,978

Retreat Overnight Event at local hotel with Guest Speakers to promote the the Gospel and encourage commitment to the Lord

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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 $159,169
Program Service Revenue $65,479
Investment Income $0
Other Revenue $0
TOTAL REVENUE $224,648

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,708
Fundraising Expenses $0
Program Expenses $78,494
Other Expenses $126,557
TOTAL EXPENSES $197,265

Year-over-Year Comparison

2023 2022 Change
Revenue $224,648 $225,974 0.0%
Expenses $197,265 $233,403 -0.2%
Net Income $27,383 $-7,429 -4.7%
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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Governance

Voting Members
8
Independent Members
8
Employees
1
Volunteers
1

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
$70,708
Total Directors
8
$0
Key Employees
1
$70,708
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Vaughan President/Director 4.00
Officer Director
$0 $0 $0
Jonathan Richter Secretary/Director 4.00
Officer Director
$0 $0 $0
Gregg Lindsey Treasurer/Director 10.00
Officer Director
$0 $0 $0
Johnny Cotten Director 4.00
Director
$0 $0 $0
Gene Seaman Director 4.00
Director
$0 $0 $0
R Keith Hood Director 4.00
Director
$0 $0 $0
Ty Gentry Director 4.00
Director
$0 $0 $0
Chris Pinedo Director 4.00
Director
$0 $0 $0
R Greg Hood CEO 40.00
Officer Key Emp
$0 $70,708 $70,708
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 $224,648 $197,265 $38,134 $27,383
2022 $225,974 $233,403 $10,750 $-7,429
2021 $220,433 $224,528 $16,269 $-4,095
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