REAL Ministries Foundation

EIN: 464948947 501(c)(3)

Oklahoma City, OK

Total Revenue
$251,118
Total Expenses
$243,785
Total Assets
$35,044
Net Assets
$15,684
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
OK
Tax Period
2023-01-01 to 2023-12-31

REAL Ministries Foundation, founded in 2012, is a small nonprofit that reported $251K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring.

Mission

R.E.A.L. connects, equips and supports single moms, creating generational impact in the family and beyond.

Program Service Accomplishments

Program 1
Expenses: $138,998

Care Team Support - The purpose of the Care Team is to partner with our single mom clients to walk alongside them, helping to remove the roadblocks that can arise as they work to bring change to...

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Care Team Support - The purpose of the Care Team is to partner with our single mom clients to walk alongside them, helping to remove the roadblocks that can arise as they work to bring change to their families. Each client has the opportunity to meet with a Care Team Coordinator who is trained to get to the deeper challenges our moms face. They work with each client to build out a Care Plan that assists in getting from point A to point B, whatever their individual points may be. Once a Care Plan is created, clients are then paired with a Care Team Coordinator who will equip and empower our moms to achieve the goals set.

Program 2
Expenses: $30,996

Professional Services - We assisted our clients as a community resource liaison aiding our clients to resources in the community. We also partnered with organizations to offer Financial Budgeting...

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Professional Services - We assisted our clients as a community resource liaison aiding our clients to resources in the community. We also partnered with organizations to offer Financial Budgeting Workshops.

Program 3
Expenses: $8,964

Financial Aid Program - This program can be applied for by the clients in our program. We determine where they are within financial literacy and then we decide how we can support them through our...

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Financial Aid Program - This program can be applied for by the clients in our program. We determine where they are within financial literacy and then we decide how we can support them through our Financial Aid Program or direct them to other organizations that we partner with. During 2023, we provided monetary support for items such as past due rent, utilities, home & car repairs, and other everyday necessities. These are also clients that had their own Care Plan with us.

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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 $249,657
Program Service Revenue $1,975
Investment Income $0
Other Revenue $-514
TOTAL REVENUE $251,118

Expense Breakdown

Grants Paid $38,964
Salaries & Benefits $150,204
Fundraising Expenses $21,532
Program Expenses $178,958
Other Expenses $54,617
TOTAL EXPENSES $243,785

Year-over-Year Comparison

2023 2022 Change
Revenue $251,118 $443,969 -0.4%
Expenses $243,785 $587,884 -0.6%
Net Income $7,333 $-143,915 -1.1%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
6
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
3
$0
Total Directors
8
$6,000
Key Employees
2
$6,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathryn Thompson President 0.00
$26,250 $0 $26,250
Stephanie Laswell Executive Director 0.00
Director Key Emp
$6,000 $0 $6,000
Kimberly Chretin Director 1.00
Director
$0 $0 $0
Brooklyn Turner Director 1.00
Director
$0 $0 $0
Lakresha Ferguson Director 1.00
Director
$0 $0 $0
Brad Taylor Director 1.00
Director
$0 $0 $0
Blythe Donovan-Coburn President 3.00
Officer Director
$0 $0 $0
Levi Carter Treasurer 1.00
Officer Director
$0 $0 $0
Gardenia Celaya Secretary 1.00
Officer Director
$0 $0 $0
Betty Yates Financial Administrator 0.00
Key Emp
$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
2023 $251,118 $243,785 $35,044 $7,333
2022 $443,969 $587,884 $19,566 $-143,915
2021 $278,937 $225,169 $165,462 $53,768
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