TRUE HOPE MINISTRIES

EIN: 475548258 501(c)(3)

KINGSVILLE, TX

Total Revenue
$243,496
Total Expenses
$231,335
Total Assets
$93,764
Net Assets
$-13,341
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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
TX
Principal Officer
GREGORY PRIEST
Tax Period
2023-01-01 to 2023-12-31

TRUE HOPE MINISTRIES, founded in 2015, is a small nonprofit that reported $243K in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $231K left a modest 5% surplus.

Mission

DRUG AND ALCOHOL RESIDENTIAL TREATMENT HOME

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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 $243,496
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $243,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,159
Fundraising Expenses $0
Program Expenses $161,247
Other Expenses $138,176
TOTAL EXPENSES $231,335

Year-over-Year Comparison

2023 2022 Change
Revenue $243,496 $687,217 -0.6%
Expenses $231,335 $702,206 -0.7%
Net Income $12,161 $-14,989 -1.8%
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
3
Employees
12
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
1
$14,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY PRIEST EXEC DIR 40.00
Officer
$14,000 $0 $14,000
DONALD LUMPKIN DIRECTOR 5.00
Director
$0 $0 $0
MARY RILEY DIRECTOR 5.00
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
2023 $243,496 $231,335 $93,764 $12,161
2022 $687,217 $702,206 $23,508 $-14,989
2021 $680,011 $676,261 $18,204 $3,750
2020 $481,194 $476,446 $16,250 $4,748
2019 $451,337 $456,913 $10,603 $-5,576
2018 $350,013 $338,389 $13,885 $11,624
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