International Baptist Church Ministries Inc

EIN: 752756957 501(c)(3) Religion

Richardson, TX

Total Revenue
$3,822,957
Total Expenses
$3,736,649
Total Assets
$258,542
Net Assets
$258,542
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
TX
Principal Officer
Thom Narofsky
Phone
2147943954
Tax Period
2024-01-01 to 2024-12-31

International Baptist Church Ministries Inc, founded in 1997, is a community nonprofit in the Religion sector that reported $3.8M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

To assist 40 international Baptist churches in spreading the Gospel of Jesus Christ

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,822,957
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,822,957

Expense Breakdown

Grants Paid $3,696,128
Salaries & Benefits $16,439
Fundraising Expenses $4,053
Program Expenses $3,696,128
Other Expenses $24,082
TOTAL EXPENSES $3,736,649

Year-over-Year Comparison

2024 2023 Change
Revenue $3,822,957 $3,409,670 +0.1%
Expenses $3,736,649 $3,379,566 +0.1%
Net Income $86,308 $30,104 +1.9%
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
8
Independent Members
8
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOM NAROFSKY President 5.00
Officer Director
$0 $0 $0
DENISE KIRBY Vice President 2.00
Officer Director
$0 $0 $0
BRYCE WHITTAKER Treasurer 5.00
Officer Director
$0 $0 $0
SANDY CHADWICK Secretary 1.00
Officer 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
2025 No data No data No data No data
2024 $3,822,957 $3,736,649 $258,542 $86,308
2023 $3,409,670 $3,379,566 $172,234 $30,104
2022 $3,213,033 $3,239,053 $141,859 $-26,020
2021 $3,160,762 $3,143,322 $167,879 $17,440
2020 $2,963,288 $2,974,378 $150,439 $-11,090
2019 $2,907,298 $2,879,939 $161,529 $27,359
2018 $2,881,483 $2,880,675 $134,170 $808
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