TERRY VEAZEY MINISTRIES INC

EIN: 630738179 501(c)(3)

MONTGOMERY, AL

Total Revenue
$126,916
Total Expenses
$143,803
Total Assets
$30,888
Net Assets
$-26,835
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
AL
Principal Officer
TERRY VEAZEY
Tax Period
2023-01-01 to 2023-12-31

TERRY VEAZEY MINISTRIES INC, founded in 1977, is a small nonprofit that reported $168K in total revenue in fiscal year 2018. Expenses of $200K exceeded revenue, resulting in a 19% operating deficit.

Mission

ALL OF THE EXPENSES WERE TO FURTHER THE CAUSE OF JESUS CHRIST THROUGHOUT THE WORLD

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $126,916
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $126,916

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,900
Fundraising Expenses $0
Program Expenses $143,803
Other Expenses $135,903
TOTAL EXPENSES $143,803

Year-over-Year Comparison

2023 2022 Change
Revenue $126,916 $113,595 +0.1%
Expenses $143,803 $133,774 +0.1%
Net Income $-16,887 $-20,179 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
2
Independent Members
N/A
Employees
1
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
$3,300
Total Directors
0
$0
Key Employees
1
$3,300
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRY VEAZEY PRESIDENT 40.00
Officer Key Emp
$3,300 $0 $3,300
GEORGIA VEAZEY SECRETARY TREASURER 8.00
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
2023 $126,916 $143,803 $30,888 $-16,887
2022 $113,595 $133,774 $58,130 $-20,179
2021 $146,657 $136,837 $91,843 $9,820
2020 $152,334 $135,925 $46,808 $16,409
2019 $140,875 $128,586 $23,640 $12,289
2018 $167,971 $199,629 $28,009 $-31,658
Explore More Nonprofits
→Top 100 Nonprofits in Alabama →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TERRY VEAZEY MINISTRIES INC with other nonprofits in Alabama and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.