Tim Lee Ministries

EIN: 731268199 501(c)(3)

Garland, TX

Total Revenue
$900,216
Total Expenses
$1,042,315
Total Assets
$385,133
Net Assets
$374,594
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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
1985
Legal Domicile
TX
Principal Officer
Tim Lee
Phone
9722763168
Tax Period
2023-01-01 to 2023-12-31

Tim Lee Ministries, founded in 1985, is a small nonprofit that reported $900K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 16% operating deficit.

Mission

Tim Lee Ministries purpose is to preach the life changing truth of the Word of God, declaring salvation through Jesus Christ and a strong message of revival.

Program Service Accomplishments

Program 1
Expenses: $865,702

Evangelical tours involve traveling to churches, conferences, and other events to preach the life changing truth of the Word of God, declaring salvation through Jesus Christ and a strong message of...

Read more

Evangelical tours involve traveling to churches, conferences, and other events to preach the life changing truth of the Word of God, declaring salvation through Jesus Christ and a strong message of revival.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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 $780,776
Program Service Revenue $0
Investment Income $20,926
Other Revenue $98,514
TOTAL REVENUE $900,216

Expense Breakdown

Grants Paid $99,022
Salaries & Benefits $447,062
Fundraising Expenses $0
Program Expenses $865,702
Other Expenses $496,231
TOTAL EXPENSES $1,042,315

Year-over-Year Comparison

2023 2022 Change
Revenue $900,216 $1,049,865 -0.1%
Expenses $1,042,315 $962,803 +0.1%
Net Income $-142,099 $87,062 -2.6%
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
10
Independent Members
8
Employees
8
Volunteers
25

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
$183,424
Total Directors
10
$183,424
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Lee President 080.00
Officer Director Highest
$81,510 $31,200 $112,710
Connie Lee Vice President 040.00
Officer Director
$70,714 $0 $70,714
Tony Alford Board Member 001.00
Director
$0 $0 $0
Chris Alford Board Member 001.00
Director
$0 $0 $0
Gary Coleman Board Member 001.00
Director
$0 $0 $0
Ron Story Board Member 001.00
Director
$0 $0 $0
Gaylord Rush Board Member 001.00
Director
$0 $0 $0
Jerry Walls Board Member 001.00
Director
$0 $0 $0
Gordon Godfrey Board Member 001.00
Director
$0 $0 $0
Joe Myers Board Member 001.00
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 $900,216 $1,042,315 $385,133 $-142,099
2022 $1,049,865 $962,803 $548,627 $87,062
2021 $1,075,178 $1,049,484 $451,551 $25,694
2020 $925,697 $730,142 $476,137 $195,555
2019 $990,721 $880,540 $223,181 $110,181
2018 $861,536 $887,747 $92,394 $-26,211
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Tim Lee Ministries with other nonprofits in Texas 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.