SOLID ROCK MINISTRIES OF VIDOR

EIN: 814059682 501(c)(3) Religion

Vidor, TX

Total Revenue
$163,404
Total Expenses
$176,709
Total Assets
$507,075
Net Assets
$507,075
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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
2016
Legal Domicile
TX
Principal Officer
GEORGE EDWARDS
Phone
4096585886
Tax Period
2023-01-01 to 2023-12-31

SOLID ROCK MINISTRIES OF VIDOR, founded in 2016, is a small nonprofit in the Religion sector that reported $163K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Net assets of $507K represent 37 months of operating reserves.

Mission

TO RECEIVE AND DISBURSE CHARITABLE CONTRIBUTIONS FOR MINISTRY SERVICES AND THE FURTHERANCE OF THE APOSTOLIC FAITH

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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 $163,404
Investment Income $0
Other Revenue $0
TOTAL REVENUE $163,404

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,515
Fundraising Expenses $7,519
Other Expenses $159,194
TOTAL EXPENSES $176,709

Year-over-Year Comparison

2023 2022 Change
Revenue $163,404 $125,951 +0.3%
Expenses $176,709 $132,783 +0.3%
Net Income $-13,305 $-6,832 +0.9%
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
3
Independent Members
3
Employees
N/A
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
$17,515
Total Directors
2
$17,515
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE EDWARDS PRESIDENT 010.00
Officer Director
$17,515 $0 $17,515
SARAH EDWARDS SECRETARY 010.00
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
2023 $163,404 $176,709 $507,075 $-13,305
2022 $125,951 $132,783 $520,380 $-6,832
2021 $101,031 $125,261 $527,212 $-24,230
2020 $129,100 $46,266 $551,442 $82,834
2019 $218,866 $89,270 $468,608 $129,596
2018 $213,145 $25,768 $339,012 $187,377
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