RISING TIDE MINISTRIES

EIN: 815245080 501(c)(3)

Corpus Christi, TX

Total Revenue
$294,697
Total Expenses
$220,154
Total Assets
$751,138
Net Assets
$373,099
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TX
Principal Officer
Lisa Gerdes
Phone
3619399099
Tax Period
2023-01-01 to 2023-12-31

RISING TIDE MINISTRIES, founded in 2017, is a small nonprofit that reported $295K in total revenue in fiscal year 2023. The organization ran a surplus of $75K, a strong 25% operating margin.

Mission

Rising Tide Ministries helps people find their passion which leads to fulfilled lives, increased quality of life, increased earning potential in addition to offering eternal life through Jesus Christ. This training enables them to obtain employment or better employment. We serve as a central hub in which not for profits can work together to avoid the duplication of services and therefore avoid wasting resources while bringing needed resources to the community.

Program Service Accomplishments

Program 1
Expenses: $67,311 Revenue: $-33,985

In 2023 Rising Tide Ministries served over 1400 clients through a variety of programs. RTM hosts classes to enable our clients to obtain employment or better employment. Classes include Word, Excel...

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In 2023 Rising Tide Ministries served over 1400 clients through a variety of programs. RTM hosts classes to enable our clients to obtain employment or better employment. Classes include Word, Excel, PowerPoint, Publisher, ESL, Quickbooks, ASL, Finding $$ for College and Google IT which includes: office professional certification, PMP, AI, Cyber security. We offer assistance with resume, job search, Career Test and when funds are available provide for certificates to help clients obtain employment. We assist in obtaining ID because a lack of ID stops people from gaining employment, housing and becoming productive members of society.

Program 2
Expenses: $14,246 Revenue: $0

A Way Home reunites homeless individuals with their families. In 2023 RTM Reunited 68 homeless individuals with their families in other areas of the country. We verify they have a family who can...

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A Way Home reunites homeless individuals with their families. In 2023 RTM Reunited 68 homeless individuals with their families in other areas of the country. We verify they have a family who can provide a safe place to go, can support the individual until they are able to get back on their feet and are aware of the resources in their area that can help the individual.

Program 3
Expenses: $50,135 Revenue: $0

Our Safe at Home program assisted 11 elderly homeowners address safety issues in their homes, allowing them to stay in their homes safer longer. This program provides wheel chair ramps, hand rails...

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Our Safe at Home program assisted 11 elderly homeowners address safety issues in their homes, allowing them to stay in their homes safer longer. This program provides wheel chair ramps, hand rails, grab bars, smoke detectors, etc. at no charge to the resident. Resident must be low income and homeowner.

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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 $130,670
Program Service Revenue $0
Investment Income $1,013
Other Revenue $163,014
TOTAL REVENUE $294,697

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $131,692
Other Expenses $220,154
TOTAL EXPENSES $220,154

Year-over-Year Comparison

2023 2022 Change
Revenue $294,697 $277,877 +0.1%
Expenses $220,154 $157,395 +0.4%
Net Income $74,543 $120,482 -0.4%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
47

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
6
$7,950
Total Directors
1
$27,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Gerdes President 40
Director
$27,450 $0 $27,450
Adrina Reyes Secretary 25
Officer
$7,950 $0 $7,950
Marilyn Gloetzner Board Member 20
Officer
$0 $0 $0
Richard Gloetzner Vice President 15
Officer
$0 $0 $0
Catherine O'Hagan Board Member 5
Officer
$0 $0 $0
John Reyes Member 5
Officer
$0 $0 $0
Bryant Grey member 10
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 No data No data No data No data
2023 $294,697 $220,154 $751,138 $74,543
2022 $277,877 $157,395 $698,436 $120,482
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