Celebration Ministries INC

EIN: 752464419 501(c)(3) Religion

Grapevine, TX

Total Revenue
$1,406,812
Total Expenses
$1,044,116
Total Assets
$2,888,672
Net Assets
$848,169
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
TX
Tax Period
2023-01-01 to 2023-12-31

Celebration Ministries INC, founded in 1993, is a community nonprofit in the Religion sector that reported $1.4M in total revenue in fiscal year 2023. The organization ran a surplus of $363K, a strong 26% operating margin.

Mission

Celebration Ministries INC is organized exclusively for charitable, religious, and educational purposes.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,406,812
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,406,812

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,044,116
Other Expenses $1,044,116
TOTAL EXPENSES $1,044,116

Year-over-Year Comparison

2023 2022 Change
Revenue $1,406,812 N/A N/A
Expenses $1,044,116 N/A N/A
Net Income $362,696 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tracie Denson Vice President 0.00
Officer
$0 $0 $0
Albert W Denson President 40.00
Officer
$0 $0 $0
Brenda Smith Secretary 30.00
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
2023 $1,406,812 $1,044,116 $2,888,672 $362,696
2022 $737,682 $536,486 $2,856,676 $201,196
2021 $772,363 $756,501 $2,709,813 $15,862
2020 $130,511 $217,287 $3,075,980 $-86,776
2019 $502,519 $201,255 $3,162,756 $301,264
2018 $345,684 $690,497 $2,861,492 $-344,813
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