WALKING THE TEXT

EIN: 823174462 501(c)(3) Religion

Spring Hill, TN

Total Revenue
$1,098,103
Total Expenses
$950,548
Total Assets
$3,456,250
Net Assets
$2,156,262
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TN
Principal Officer
Bradley Gray
Phone
6153928494
Tax Period
2024-01-01 to 2024-12-31

WALKING THE TEXT, founded in 2017, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $951K left a modest 13% surplus.

Mission

The organization provides Biblical resources through online teachings, podcasts, seminars, and study trips that help people to understand the Bible more thoroughly from it's original cultural, historical, and geographical context in order for them to understand and live out its teachings and principles better.

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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 $1,062,310
Program Service Revenue $34,150
Investment Income $0
Other Revenue $1,643
TOTAL REVENUE $1,098,103

Expense Breakdown

Grants Paid $72,325
Salaries & Benefits $603,060
Fundraising Expenses $64,040
Program Expenses $640,104
Other Expenses $235,963
TOTAL EXPENSES $950,548

Year-over-Year Comparison

2024 2023 Change
Revenue $1,098,103 $930,623 +0.2%
Expenses $950,548 $806,216 +0.2%
Net Income $147,555 $124,407 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
6
Volunteers
5

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
4
$351,837
Total Directors
5
$192,817
Key Employees
1
$18,552
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Gray President Executive Director 40
Director
$180,367 $12,450 $192,817
Bradley Nelson Content Director 40
Officer
$128,833 $12,450 $141,283
Marcus Naugler Creative Director 40
Officer
$128,833 $12,135 $140,968
April Gaddis Executive Assistant 40
Officer
$42,500 $9,338 $51,838
Shallon Gray Finance Manager 18
Key Emp
$18,552 $0 $18,552
Paul Weber Director of Strategic Partnerships 40
Officer
$16,250 $1,498 $17,748
Richard Lyons Board Treasurer 2
Director
$0 $0 $0
Nathan Young Board Chair Member 2
Director
$0 $0 $0
Gary Gray Secretary Board Member 2
Director
$0 $0 $0
Hala Saad Board Vice Chair 2
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
2024 $1,098,103 $950,548 $3,456,250 $147,555
2023 $930,623 $806,216 $2,020,232 $124,407
2022 $1,435,658 $772,768 $1,884,387 $662,890
2021 $1,152,500 $1,132,957 $580,266 $19,543
2020 $640,606 $309,341 $551,868 $331,265
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