Yes ministries

EIN: 461205882 501(c)(3) Religion

Friendswood, TX

Total Revenue
$153,727
Total Expenses
$149,197
Total Assets
$79,126
Net Assets
$78,431
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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
2012
Legal Domicile
TX
Principal Officer
SHERRILL C GARLAND
Phone
7135023383
Tax Period
2022-01-01 to 2022-12-31

Yes ministries, founded in 2012, is a small nonprofit in the Religion sector that reported $154K in total revenue in fiscal year 2022. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

Yes ministries exists to draw all women closer to Jesus

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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 (2022)

Revenue Breakdown

Contributions & Grants $143,051
Program Service Revenue $10,500
Investment Income $0
Other Revenue $176
TOTAL REVENUE $153,727

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,886
Fundraising Expenses $1,305
Program Expenses $122,400
Other Expenses $87,311
TOTAL EXPENSES $149,197

Year-over-Year Comparison

2022 2021 Change
Revenue $153,727 $114,388 +0.3%
Expenses $149,197 $111,313 +0.3%
Net Income $4,530 $3,075 +0.5%
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
5
Independent Members
5
Employees
1
Volunteers
4

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
$57,488
Total Directors
5
$57,488
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA C SEIFERT Chairman of the Board 30.00
Officer Director
$57,488 $0 $57,488
MICHELLE BIGGS President N/A
Officer Director
$0 $0 $0
NONA LANDERS Vice President N/A
Officer Director
$0 $0 $0
SHERRILL GARLAND SecretaryTreasurer N/A
Officer Director
$0 $0 $0
BREANNA HANSEN Director N/A
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
2022 $153,727 $149,197 $79,126 $4,530
2020 $125,957 $114,069 $69,002 $11,888
2019 $90,924 $131,153 $59,763 $-40,229
2018 $135,625 $125,330 $100,925 $10,295
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