KEN TAYLOR MINISTRIES INC

EIN: 471032688 501(c)(3) Religion

Branson, MO

Total Revenue
$295,584
Total Expenses
$297,286
Total Assets
$18,895
Net Assets
$-7,776
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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
MO
Principal Officer
Ken Taylor
Phone
8708979046
Tax Period
2023-01-01 to 2023-12-31

KEN TAYLOR MINISTRIES INC, founded in 2014, is a small nonprofit in the Religion sector that reported $296K in total revenue in fiscal year 2023. Revenue surged 57% from the prior year, signaling strong growth momentum.

Mission

FACILITATING CHURCH PLANTING MOVEMENTS, ESTABLISHING MINISTRY TRAINING CENTERS AND PROVIDING FAITH-BUILDING PUBLICATIONS AND MEDIA FOR EVERY NATION OF THE FRENCH-SPEAKING WORLD.

Program Service Accomplishments

Program 1
Expenses: $147,872 Revenue: $0

Rhema Haiti- In 2023, over 160 ministerial candidates continued their theological training at RHEMA Haiti. Four six-day intensives were hosted (January, April, August, October). Daily hot meals were...

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Rhema Haiti- In 2023, over 160 ministerial candidates continued their theological training at RHEMA Haiti. Four six-day intensives were hosted (January, April, August, October). Daily hot meals were provided to all students during these sessions which were held at three campus locations in the cities of Carrefour and Hinche and Léogane. As in the DRC, the nations180 staff also monitored 100 hours of internship per student throughout the year.

Program 2
Expenses: $48,953 Revenue: $0

Rhema Congo (DRC) - In 2023, KTM/Nations 180 continued training pastors and leaders at the French-speaking RHEMA Bible Training College campus in Kinshasa, DRC. Over 200 local churches have, thus...

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Rhema Congo (DRC) - In 2023, KTM/Nations 180 continued training pastors and leaders at the French-speaking RHEMA Bible Training College campus in Kinshasa, DRC. Over 200 local churches have, thus far, sent delegates to receive ministerial training. Courses were offered during four intensive three week modules throughout the year. The nations180 staff also monitored 100 hours of internship per student.

Program 3
Expenses: $14,375 Revenue: $0

Itinerant Ministry - Ken & Tonja Taylor travel extensively teaching the Bible to the French-speaking world and at churches throughout the United States and Canada.

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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 $295,584
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $295,584

Expense Breakdown

Grants Paid $92,734
Salaries & Benefits $35,031
Fundraising Expenses $0
Program Expenses $211,200
Other Expenses $169,521
TOTAL EXPENSES $297,286

Year-over-Year Comparison

2023 2022 Change
Revenue $295,584 $188,074 +0.6%
Expenses $297,286 $218,732 +0.4%
Net Income $-1,702 $-30,658 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
2
Employees
N/A
Volunteers
10

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
$30,030
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth R Taylor President 45.0
Officer
$30,030 $0 $30,030
Joseph Coudriet Director 1
Director
$0 $0 $0
John Grunewald Vice President 1
Officer
$0 $0 $0
Tonja L Taylor Secretary/Treasurer 45
Officer
$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 No data No data No data No data
2023 $295,584 $297,286 $18,895 $-1,702
2022 $188,074 $218,732 $25,071 $-30,658
2021 $313,423 $274,493 $45,277 $38,930
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