TROUP FAMILY MINISTRIES INC

EIN: 463807378 501(c)(3) International Affairs

ARLINGTON, TX

Total Revenue
$263,285
Total Expenses
$168,414
Total Assets
$124,100
Net Assets
$124,100
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Phone
6822343596
Tax Period
2024-01-01 to 2024-12-31

TROUP FAMILY MINISTRIES INC, founded in 2013, is a small nonprofit in the International Affairs sector that reported $263K in total revenue in fiscal year 2024. The organization ran a surplus of $95K, a strong 36% operating margin.

Mission

The Specific purpose for which the corporation is initially organized is to teach and preach the gospel through speaking engagements at religious venues, caring forchildren and families in underprivileged countries, equipping religious leaders in the word of God, to produce and distribute Christian literature, to conduct public evangelistic activities, to offer bible based classes, to provide spiritual counseling, to license and ordain ministers of the gospel and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501 (c) (3) of the Internal Revenue Code. This corporation is organized and operated exclusively for religious purposes within the meaning of Section 501 (c) (3), Internal Revenue Code.

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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 $260,107
Program Service Revenue $3,178
Investment Income $0
Other Revenue $0
TOTAL REVENUE $263,285

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,485
Fundraising Expenses $0
Program Expenses $168,414
Other Expenses $120,929
TOTAL EXPENSES $168,414

Year-over-Year Comparison

2024 2023 Change
Revenue $263,285 $263,633 0.0%
Expenses $168,414 $258,035 -0.3%
Net Income $94,871 $5,598 +15.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
N/A
Employees
3
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
0
$0
Total Directors
8
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALTER TROUP President 40.00
Director
$15,000 $0 $15,000
KAREN TROUP Vice President 40.00
Director
$15,000 $0 $15,000
DAVID TROUP Treasurer 0.00
Director
$0 $0 $0
REBECCA BAIRD AUEN Secretary 0.00
Director
$0 $0 $0
BRAD DRAPER Director 0.00
Director
$0 $0 $0
DUSTY HOLLIS Director 0.00
Director
$0 $0 $0
LUCAS SAWYER Director 0.00
Director
$0 $0 $0
DOUG RIFE Director 0.00
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 $263,285 $168,414 $124,100 $94,871
2023 $263,633 $258,035 $29,229 $5,598
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