BELIEVES MINISTRIES

EIN: 454275134 501(c)(3) Religion

SANTA ROSA BEACH, FL

Total Revenue
$1,115,309
Total Expenses
$918,326
Total Assets
$297,518
Net Assets
$293,635
🔒

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
2011
Legal Domicile
TX
Principal Officer
STEVE GAMBILL
Phone
9728709898
Tax Period
2024-01-01 to 2024-12-31

BELIEVES MINISTRIES, founded in 2011, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $197K, a strong 18% operating margin.

Mission

PROCLAIM THE GOSPEL OF JESUS CHRIST

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $73,741
Program Service Revenue $1,026,837
Investment Income $0
Other Revenue $14,731
TOTAL REVENUE $1,115,309

Expense Breakdown

Grants Paid $5,089
Salaries & Benefits $421,090
Fundraising Expenses $0
Program Expenses $825,920
Other Expenses $492,147
TOTAL EXPENSES $918,326

Year-over-Year Comparison

2024 2023 Change
Revenue $1,115,309 $711,567 +0.6%
Expenses $918,326 $722,041 +0.3%
Net Income $196,983 $-10,474 -19.8%
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
4
Independent Members
3
Employees
2
Volunteers
3

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
1
$263,396
Total Directors
4
$263,396
Key Employees
1
$263,396
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE GAMBILL PRESIDENT 25.00
Officer Director
$210,545 $52,851 $263,396
JEREMY DEWEERDT BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE MCDANIEL BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY ALCORN BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLOTTE GAMBILL KEY SPEAKER 40.00
Key Emp
$210,545 $52,851 $263,396
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 $1,115,309 $918,326 $297,518 $196,983
2023 $711,567 $722,041 $100,535 $-10,474
2021 $335,095 $258,648 $156,600 $76,447
2020 $203,599 $224,790 $55,630 $-21,191
2019 $376,616 $419,879 $69,366 $-43,263
2018 $295,015 $228,938 $114,247 $66,077
2017 $343,869 $383,086 $46,007 $-39,217
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BELIEVES MINISTRIES with other nonprofits in Florida 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.