TRAVELING TEAM INC

EIN: 710846502 501(c)(3) Religion

CONWAY, AR

Total Revenue
$1,497,523
Total Expenses
$1,460,151
Total Assets
$575,614
Net Assets
$510,671
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
AR
Principal Officer
Claude Hickman
Phone
5013297676
Tax Period
2024-01-01 to 2024-12-31

TRAVELING TEAM INC, founded in 2000, is a community nonprofit in the Religion sector that reported $1.0M in total revenue in fiscal year 2020. Revenue decreased 13% compared to the prior year.

Mission

Our purpose is to mobilize Christians at universities and local churches to become Global Christians who fulfill their responsibility in World Evangelization. We travel to universities and churches all over the world to educate and equip them for involvement in Gods global mission.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,250,314
Program Service Revenue $216,339
Investment Income $24,363
Other Revenue $6,507
TOTAL REVENUE $1,497,523

Expense Breakdown

Grants Paid $4,150
Salaries & Benefits $941,352
Fundraising Expenses $110,180
Program Expenses $1,058,815
Other Expenses $514,649
TOTAL EXPENSES $1,460,151

Year-over-Year Comparison

2024 2023 Change
Revenue $1,497,523 $1,315,006 +0.1%
Expenses $1,460,151 $1,307,746 +0.1%
Net Income $37,372 $7,260 +4.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
23
Volunteers
9

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
1
$136,530
Total Directors
5
$679,067
Key Employees
1
$136,530
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul V Hopp Secretary Treasurer of the Board 0.00
Director
$0 $23,901 $140,302
Ted Shimer Director 0.00
Director
$0 $61,831 $237,403
Clark Nolen Director 0.00
Director
$0 $0 $0
Dave Riner Chairman of the Board 0.00
Director
$0 $89,977 $164,832
Claude Hickman Executive Director 40.00
Officer Director Key Emp Highest
$115,514 $21,016 $136,530
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 $1,497,523 $1,460,151 $575,614 $37,372
2023 $1,315,006 $1,307,746 $528,277 $7,260
2022 $1,227,481 $1,132,551 $517,263 $94,930
2021 $1,107,126 $1,227,955 $436,011 $-120,829
2020 $1,046,123 $1,039,529 $531,859 $6,594
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