GROUND 40 MINISTRIES

EIN: 813035488 501(c)(3) Religion

MONROE, NC

Total Revenue
$2,118,037
Total Expenses
$1,423,407
Total Assets
$1,655,128
Net Assets
$852,794
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NC
Phone
7048835185
Tax Period
2024-01-01 to 2024-12-31

GROUND 40 MINISTRIES, founded in 2016, is a community nonprofit in the Religion sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $695K, a strong 33% operating margin.

Mission

GROUND 40 IS A DISCIPLESHIP PROGRAM LOCATED IN MONROE, NC THAT PROVIDES A WELCOMING AND HEALTHY ENVIRONMENT FOR MEN WHO ARE SEEKING A CHANGE OF HEART AFTER BEING INCARCERATED.

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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 $1,381,409
Program Service Revenue $135,350
Investment Income $12,931
Other Revenue $588,347
TOTAL REVENUE $2,118,037

Expense Breakdown

Grants Paid $16,954
Salaries & Benefits $440,605
Fundraising Expenses $0
Program Expenses $1,418,002
Other Expenses $965,848
TOTAL EXPENSES $1,423,407

Year-over-Year Comparison

2024 2023 Change
Revenue $2,118,037 $1,178,114 +0.8%
Expenses $1,423,407 $514,369 +1.8%
Net Income $694,630 $663,745 +0.0%
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
6
Independent Members
6
Employees
11
Volunteers
4

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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANNY PILES INTERIM CHAIRMAN 0.00
Director
$0 $0 $0
NATHAN MEDLIN FINANCE CHAIRMAN 0.00
Director
$0 $0 $0
EARLY BOYKINS MEMBER 0.00
Director
$0 $0 $0
CODY HONEYCUTT MEMBER 0.00
Director
$0 $0 $0
TREVOR BARNETTE MEMBER 0.00
Director
$0 $0 $0
CHAD WILSON MEMBER 0.00
Director
$0 $0 $0
WESLEY KEZIAH MANAGING DIRECTOR 40.00
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
2024 $2,118,037 $1,423,407 $1,655,128 $694,630
2022 $1,008,736 $851,357 $907,481 $157,379
2021 $876,590 $1,112,071 $814,540 $-235,481
2020 $647,877 $589,404 $160,310 $58,473
2018 $283,641 $297,851 $11,324 $-14,210
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