Watch Therefore Ministries Inc

EIN: 760669030 501(c)(3) Religion

Friendswood, TX

Total Revenue
$1,249,849
Total Expenses
$1,262,427
Total Assets
$151,539
Net Assets
$150,952
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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
2002
Legal Domicile
TX
Principal Officer
Don Schwarz
Tax Period
2023-01-01 to 2023-12-31

Watch Therefore Ministries Inc, founded in 2002, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2023.

Mission

This ministry is committed to reaching the unchurched in our society and around the world. We are training individuals around the world to spread the Gospel of Jesus Christ in their communities. Benevolence is provided in poor communites to demonstrate Gods love.

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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 $1,249,490
Program Service Revenue $0
Investment Income $0
Other Revenue $359
TOTAL REVENUE $1,249,849

Expense Breakdown

Grants Paid $810,741
Salaries & Benefits $140,532
Fundraising Expenses $0
Program Expenses $1,232,197
Other Expenses $311,154
TOTAL EXPENSES $1,262,427

Year-over-Year Comparison

2023 2022 Change
Revenue $1,249,849 N/A N/A
Expenses $1,262,427 N/A N/A
Net Income $-12,578 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
2
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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John McTernan board member 8.00
Director
$0 $0 $0
David E Halbert board member 1.00
Director
$0 $0 $0
Don Schwarz Executive Director 40.00
Officer Director Highest
$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 $1,249,849 $1,262,427 $151,539 $-12,578
2022 $1,175,025 $1,265,327 $164,342 $-90,302
2021 $1,151,988 $1,154,540 $254,389 $-2,552
2020 $1,076,827 $1,040,129 $257,389 $36,698
2019 $791,955 $838,138 $220,431 $-46,183
2018 $836,018 $755,783 $266,044 $80,235
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