Terry Tripp Ministries

EIN: 621651384 501(c)(3) Religion

Gallatin, TN

Total Revenue
$213,220
Total Expenses
$210,537
Total Assets
$216,415
Net Assets
$190,338
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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
1996
Legal Domicile
TN
Principal Officer
Terry Tripp
Phone
6152307101
Tax Period
2024-01-01 to 2024-12-31

Terry Tripp Ministries, founded in 1996, is a small nonprofit in the Religion sector that reported $213K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

Traveling Ministry to spread the Gospel of Jesus Christ our Lord & Savior through Prayer, Missions, Revivals Seminars and Conferences.

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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 (2024)

Revenue Breakdown

Contributions & Grants $213,216
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $213,220

Expense Breakdown

Grants Paid $0
Salaries & Benefits $87,081
Fundraising Expenses $0
Program Expenses $203,483
Other Expenses $123,456
TOTAL EXPENSES $210,537

Year-over-Year Comparison

2024 2023 Change
Revenue $213,220 $258,307 -0.2%
Expenses $210,537 $183,983 +0.1%
Net Income $2,683 $74,324 -1.0%
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
3
Employees
3
Volunteers
1

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
$60,000
Total Directors
3
$60,000
Key Employees
1
$60,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terry Tripp President 50.00
Officer Director Key Emp Highest
$12,000 $48,000 $60,000
Barney F Blackwell V President 1.00
Officer Director
$0 $0 $0
Teresa Story Sec/Treas 2.00
Officer 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 $213,220 $210,537 $216,415 $2,683
2023 $258,307 $183,983 $214,908 $74,324
2022 $133,385 $149,412 $127,194 $-16,027
2021 $144,662 $139,182 $145,229 $5,480
2020 $119,044 $116,731 $134,096 $2,313
2019 $137,777 $130,498 $134,552 $7,279
2018 $144,908 $113,791 $127,393 $31,117
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