BLESSED IN TECH MINISTRIES INCORPOR

EIN: 453841462 501(c)(3) Employment

ANNAPOLIS, MD

Total Revenue
$130,270
Total Expenses
$120,086
Total Assets
$10,211
Net Assets
$8,607
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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
2014
Legal Domicile
MD
Phone
4103842800
Tax Period
2024-01-01 to 2024-12-31

BLESSED IN TECH MINISTRIES INCORPOR, founded in 2014, is a small nonprofit in the Employment sector that reported $130K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $120K left a modest 8% surplus.

Mission

RESTORE EMPOWERMENT AND INTEGRITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $130,270
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $130,270

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,335
Fundraising Expenses $0
Program Expenses $120,086
Other Expenses $111,751
TOTAL EXPENSES $120,086

Year-over-Year Comparison

2024 2023 Change
Revenue $130,270 $77,307 +0.7%
Expenses $120,086 $75,236 +0.6%
Net Income $10,184 $2,071 +3.9%
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
8
Independent Members
8
Employees
10
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIE BULLOCK PRESIDENT 10.00
Officer Director
$0 $0 $0
DELORES BULLOCK VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
VINCENTE TILLMAN BOARD CHAIRMAN 5.00
Officer Director
$0 $0 $0
THURMAN GORMAN TREASURER 5.00
Officer 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 $130,270 $120,086 $10,211 $10,184
2023 $77,307 $75,236 $28 $2,071
2022 $66,852 $69,994 $-552 $-3,142
2021 $143,195 $227,715 $2,590 $-84,520
2020 $356,161 $171,489 $121,423 $184,672
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