Victory Ministries Inc

EIN: 710683396 501(c)(3)

Camden, AR

Total Revenue
$57,611
Total Expenses
$59,020
Total Assets
$1,419,084
Net Assets
$1,419,084
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
AR
Tax Period
2023-01-01 to 2023-12-31

VICTORY MINISTRIES INC, founded in 1989, is a micro nonprofit that reported $32K in total revenue in fiscal year 2018. Expenses of $29K left a modest 10% surplus.

Mission

Christian Education - Victory School Serving Approximately 100 students K-12.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $33,542
Program Service Revenue $0
Investment Income $69
Other Revenue $24,000
TOTAL REVENUE $57,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,020
Other Expenses $59,020
TOTAL EXPENSES $59,020

Year-over-Year Comparison

2023 2022 Change
Revenue $57,611 $157,735 -0.6%
Expenses $59,020 $70,538 -0.2%
Net Income $-1,409 $87,197 -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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Creech Director 0.00
Director
$0 $0 $0
Jeremy Ables Director 0.00
Director
$0 $0 $0
Donald Mcrae Director 0.00
Director
$0 $0 $0
Johnie Jones Director 0.00
Director
$0 $0 $0
Elaine Ables Vice Chairman 0.00
Officer
$0 $0 $0
Jerry Ables Chairman 0.00
Officer
$0 $0 $0
Shirley Cook Officer 0.00
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
2024 No data No data No data No data
2023 $57,611 $59,020 $1,419,084 $-1,409
2022 $157,735 $70,538 $1,442,056 $87,197
2021 $104,554 $43,436 $1,354,859 $61,118
2020 $78,563 $34,088 $1,272,178 $44,475
2019 $29,160 $28,889 $1,227,703 $271
2018 $31,936 $28,746 $1,227,432 $3,190
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