TURN MINISTRIES

EIN: 832130808 501(c)(3) Religion

BEDFORD, TX

Total Revenue
$373,296
Total Expenses
$405,334
Total Assets
N/A
Net Assets
N/A
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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
2022
Legal Domicile
TX
Principal Officer
MATTHEW STONE
Phone
7045721074
Tax Period
2024-01-01 to 2024-09-30

TURN MINISTRIES, founded in 2022, is a small nonprofit in the Religion sector that reported $373K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

RELIGIOUS OUTREACH RETREATS FOR COLLEGE BOUND STUDENTS

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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 $88,199
Program Service Revenue $285,097
Investment Income $0
Other Revenue $0
TOTAL REVENUE $373,296

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,761
Fundraising Expenses $1,714
Program Expenses $310,491
Other Expenses $332,573
TOTAL EXPENSES $405,334

Year-over-Year Comparison

2024 2023 Change
Revenue $373,296 $301,802 +0.2%
Expenses $405,334 $270,717 +0.5%
Net Income $-32,038 $31,085 -2.0%
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
4
Independent Members
3
Employees
3
Volunteers
757

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
2
$38,525
Total Directors
0
$0
Key Employees
1
$20,792
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW STONE CEO 40.00
Officer
$34,269 $0 $34,269
R ALEX BARNWELL FINANCIAL DIRECTOR 5.00
Officer
$4,256 $0 $4,256
ANNE RUBLE RETREAT COORDINATOR 20.00
Key Emp
$20,792 $0 $20,792
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 $373,296 $405,334 No data $-32,038
2023 $301,802 $270,717 $89,772 $31,085
2022 $269,764 $245,206 $58,728 $24,558
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