TOMMY BATES MINISTRIES INC (EIN 611401307) - 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

2001

Legal Domicile

Principal Officer

THOMAS E BATES

Phone

8593561491

Tax Period

2024-01-01 to 2024-12-31

TOMMY BATES MINISTRIES INC, founded in 2001, is a small nonprofit in the Religion sector that reported $248K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $155K, a strong 63% operating margin.

Mission

OPERATE A CHRISTIAN MINISTRY TO PROCLAIM THE NAME OF JESUS CHRIST AND TO PROMOTE THE WORSHIP OF GOD

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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 (2024)

Revenue Breakdown

Contributions & Grants $149,707

Program Service Revenue $0

Investment Income $106,896

Other Revenue $-8,918

TOTAL REVENUE $247,685

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,000

Fundraising Expenses $0

Program Expenses $37,755

Other Expenses $76,690

TOTAL EXPENSES $92,690

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,685	$147,112	+0.7%
Expenses	$92,690	$125,084	-0.3%
Net Income	$154,995	$22,028	+6.0%

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

Governance

Voting Members

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

$16,000

Total Directors

$16,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS E BATES	PRESIDENT/TRUS	8	Officer Director	$16,000	$0	$16,000
BOBBY STURGEON	VP/DIRC/TRUST	1	Officer Director	$0	$0	$0
PATRICIA BEAVE	SEC/DIRC/TRUST	1	Officer Director	$0	$0	$0
THOMAS D BATES	DIRECTOR/TRUST	5	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	$247,685	$92,690	$701,186	$154,995
2023	$147,112	$125,084	$612,939	$22,028
2022	$129,985	$85,550	$590,361	$44,435
2021	$88,322	$88,614	$548,926	$-292
2020	$29,149	$57,045	$549,219	$-27,896
2019	$84,330	$65,174	$577,115	$19,156
2018	$84,639	$53,774	$559,959	$30,865

TOMMY BATES MINISTRIES INC