Southern Bible Testimony Inc (EIN 566063977) - Form 990 Financial Analysis & Trantor Score

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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

1947

Legal Domicile

Principal Officer

Jonathan Watson

Phone

8284886012

Tax Period

2023-01-01 to 2023-12-31

Southern Bible Testimony Inc, founded in 1947, is a small nonprofit in the Religion sector that reported $317K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $358K exceeded revenue, resulting in a 13% operating deficit.

Mission

To honor Christ and to make Him known to the children and families of the Southeast, through the use of: Youth camps and wilderness programs, Teaching of Leadership skills, Community programs and Facilities for other Organizations.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $244,017

Program Service Revenue $73,461

Investment Income $0

Other Revenue $0

TOTAL REVENUE $317,478

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,486

Fundraising Expenses $0

Program Expenses $198,091

Other Expenses $188,488

TOTAL EXPENSES $357,974

Year-over-Year Comparison

	2023	2022	Change
Revenue	$317,478	$548,432	-0.4%
Expenses	$357,974	$346,551	+0.0%
Net Income	$-40,496	$201,881	-1.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jonathan Watson	Executive Director	40.00	Highest	$0	$0	$0
Keith Brown	Board Member	1.00	Director	$0	$0	$0
Alan Caldwell	Board Member	1.00	Director	$0	$0	$0
Clayton Davis	Board Member	1.00	Director	$0	$0	$0
Aaron Langston	Board Member	1.00	Director	$0	$0	$0
Joe Michal	Board Member	1.00	Director	$0	$0	$0
Stuart Sloan	Board Member	1.00	Director	$0	$0	$0
Graham Storey	Board Member	1.00	Director	$0	$0	$0
Danny Walker	Board Member	1.00	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	No data	No data	No data	No data
2023	$317,478	$357,974	$1,936,383	$-40,496
2021	$887,072	$420,166	$1,825,405	$466,906
2020	$239,522	$270,273	$1,536,577	$-30,751

Southern Bible Testimony Inc