RICK AND MICK VIGNEULLE MINISTRIES

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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

1984

Legal Domicile

Principal Officer

SKIP NESBITT

Phone

2056692625

Tax Period

2023-01-01 to 2023-12-31

RICK AND MICK VIGNEULLE MINISTRIES, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $206K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring.

Mission

PRODUCE, WRITE, PERFORM AND RECORD CHRISTIAN MUSIC ALSO USING HUMOR TO PRESENT THE GOSPEL OF JESUS CHRIST TO TEENAGERS.

Program Service Accomplishments

Program 1

Expenses: $181,548

PROMOTE THE GOSPEL OF JESUS CHRIST THROUGH MUSIC AND HUMOR

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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 $205,156

Program Service Revenue $0

Investment Income $2

Other Revenue $427

TOTAL REVENUE $205,585

Expense Breakdown

Grants Paid $0

Salaries & Benefits $175,002

Fundraising Expenses $0

Program Expenses $181,548

Other Expenses $33,804

TOTAL EXPENSES $208,806

Year-over-Year Comparison

	2023	2022	Change
Revenue	$205,585	$300,227	-0.3%
Expenses	$208,806	$238,094	-0.1%
Net Income	$-3,221	$62,133	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN TAYLOR	PRESIDENT	2.00	Officer Director	$0	$0	$0
JIM SIMS	SECRETARY	2.00	Officer Director	$0	$0	$0
SKIP NESBITT	TREASURER	2.00	Officer Director	$0	$0	$0
PAYSON DAUGHERTY	MEMBER	2.00	Director	$0	$0	$0
SHANE HUDMAN	MEMBER	2.00	Director	$0	$0	$0
PHILLIP WIGINTON	MEMBER	2.00	Director	$0	$0	$0
CRAIG REEVES	MEMBER	2.00	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	$205,585	$208,806	$224,071	$-3,221
2022	$300,227	$238,094	$227,786	$62,133
2021	$315,826	$260,669	$167,203	$55,157
2020	$303,617	$259,205	$101,724	$44,412
2019	$255,215	$290,789	$44,110	$-35,574
2018	$271,014	$296,222	$79,734	$-25,208