Abilene, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Herald of Truth Ministries Inc, founded in 1995, is a small nonprofit that reported $863K in total revenue in fiscal year 2024. Expenses of $999K exceeded revenue, resulting in a 16% operating deficit.
Evangelism - To allow every person on earth multiple opportunities to hear, see and experience the gospel of Jesus Christ, in their native language every nation every moment every day.
Herald of Truth produced radio programs in Spanish for distribution across Latin America, the Caribbean and Spain. Air time was purchased on local radio stations in Honduras and Nicaragua. Programs...
Herald of Truth produced radio programs in Spanish for distribution across Latin America, the Caribbean and Spain. Air time was purchased on local radio stations in Honduras and Nicaragua. Programs were also transmitted to the Caribbean and Central America via a station out of Bonaire. Bibles and literature were distributed in Central America and Cuba. The material was distributed by offers through various media outlets such as radio, television and newspaper. Preaching campaigns were conducted in Nicaragua. Herald of Truth also conducted seminars and campaigns in the United States.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $863,111 | $806,355 | +0.1% |
| Expenses | $998,792 | $1,330,392 | -0.2% |
| Net Income | $-135,681 | $-524,037 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jim Creech | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Bob Carris | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Faires Austin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Doug Edwards | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lynn Watson | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wes Cunningham | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Donald Eason | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rosemary Snodgrass | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Autumn Richardson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Andy Starck | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Diego Rojas | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rick Elam | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $863,111 | $998,792 | $1,234,486 | $-135,681 |
| 2023 | $806,355 | $1,330,392 | $1,289,531 | $-524,037 |
| 2022 | $836,954 | $1,244,414 | $1,624,168 | $-407,460 |
| 2021 | $683,683 | $1,180,142 | $2,527,088 | $-496,459 |
| 2020 | $780,912 | $949,811 | $2,698,748 | $-168,899 |
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