THE BAPTIST MISSIONARY LOAN ASSOCIATION

EIN: 756005282 501(c)(3) Religion

WAXAHACHIE, TX

Total Revenue
$1,116,611
Total Expenses
$710,134
Total Assets
$17,625,434
Net Assets
$2,205,762
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
TX
Phone
9729230758
Tax Period
2025-01-01 to 2025-12-31

THE BAPTIST MISSIONARY LOAN ASSOCIATION, founded in 1952, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $406K, a strong 36% operating margin.

Mission

THE BAPTIST MISSIONARY LOAN ASSOCIATION COOPERATES WITH BMA CHURCHES OF TEXAS TO MAKE LOANS TO NEW CHURCH PLANTS AND ESTABLISHED CHURCHES FOR PURCHASING PROPERTY AND BUILDING NEW BUILDINGS AND TO HELP MISSION CHURCHES HAVE A HEALTHY START.

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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 (2025)

Revenue Breakdown

Contributions & Grants $23,304
Program Service Revenue $372,794
Investment Income $720,513
Other Revenue $0
TOTAL REVENUE $1,116,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $161,165
Fundraising Expenses $0
Program Expenses $674,319
Other Expenses $548,969
TOTAL EXPENSES $710,134

Year-over-Year Comparison

2025 2024 Change
Revenue $1,116,611 $1,027,592 +0.1%
Expenses $710,134 $778,732 -0.1%
Net Income $406,477 $248,860 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Governance

Voting Members
9
Independent Members
9
Employees
3
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
1
$114,015
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERALD FULTON Director 30.00
Officer
$83,108 $0 $114,015
CHRISTA WILLIAMS Trustee 1.00
Director
$0 $0 $0
WAYNE SPEIR Trustee 1.00
Director
$0 $0 $0
CHARLES ATTEBERY Trustee 1.00
Director
$0 $0 $0
LARRY ELLIOTT Trustee 1.00
Director
$0 $0 $0
CAROL TAYLOR Trustee 1.00
Director
$0 $0 $0
DON MARTIN Trustee 1.00
Director
$0 $0 $0
JASON COLLINS Trustee 1.00
Director
$0 $0 $0
PHIL KNOTT Trustee 1.00
Director
$0 $0 $0
CHARLES TURNER Trustee 1.00
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
2025 $1,116,611 $710,134 $17,625,434 $406,477
2024 $1,027,592 $778,732 $17,011,988 $248,860
2023 $1,124,503 $709,456 $16,976,807 $415,047
2022 $710,852 $642,911 $19,801,107 $67,941
2021 $635,184 $583,615 $19,931,169 $51,569
2020 $516,441 $465,208 $17,385,976 $51,233
2019 $555,154 $529,930 $14,430,005 $25,224
2018 $578,044 $491,998 $13,543,164 $86,046
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