Troy Burns Family Ministries

EIN: 474570144 501(c)(3)

Fletcher, NC

Total Revenue
$349,208
Total Expenses
$288,607
Total Assets
$168,172
Net Assets
$65,909
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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
2015
Legal Domicile
NC
Tax Period
2022-01-01 to 2022-12-31

Troy Burns Family Ministries, founded in 2015, is a small nonprofit that reported $349K in total revenue in fiscal year 2022. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 17% operating margin.

Mission

Troy Burns Family Ministries mission is to spread the word of God through music and ministry

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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 $62,100
Program Service Revenue $225,410
Investment Income $61,698
Other Revenue $0
TOTAL REVENUE $349,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $285,155
Other Expenses $288,607
TOTAL EXPENSES $288,607

Year-over-Year Comparison

2022 2021 Change
Revenue $349,208 $215,944 +0.6%
Expenses $288,607 $215,066 +0.3%
Net Income $60,601 $878 +68.0%
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
3
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tammy Burns SecretaryTreasurer 0.00
Officer
$0 $0 $0
Troy Burns Chair 0.00
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
2022 $349,208 $288,607 $168,172 $60,601
2021 $215,944 $215,066 $15,861 $878
2020 $155,799 $153,343 $34,858 $2,456
2019 $196,497 $205,338 $34,282 $-8,841
2018 $202,275 $208,615 $53,772 $-6,340
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