XL Ministries Inc

EIN: 841210119 501(c)(3)

Roanoke, TX

Total Revenue
$1,054,320
Total Expenses
$1,034,050
Total Assets
$551,991
Net Assets
$533,346
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
CO
Principal Officer
Brian Murphy
Phone
8177454646
Tax Period
2024-10-01 to 2025-09-30

XL Ministries Inc, founded in 1992, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

To provide education and Biblical training to individuals and groups in order to develop Christian pastors, missionaries, youth leaders and other Christian leaders, so they can effectively develop their leadership skills and knowledge to minister Gods Word.

Program Service Accomplishments

Program 1
Expenses: $246,690

Equipping churches to provide Biblical training for pastors and other leaders in the context of the local church. Several hundred churches were supported through resources, intern training...

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Equipping churches to provide Biblical training for pastors and other leaders in the context of the local church. Several hundred churches were supported through resources, intern training, conferences and interacting with pastors and church boards about training in the context of the church. 9 new churches have been approved to start the internship program. Many other churches used training materials for elders, missionaries and other church leaders.

Program 2
Expenses: $182,125

XL provides training resources and instruction for international churches and equips missionaries in the context of the local church through internship programs. During the year, XL: Sponsored a...

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XL provides training resources and instruction for international churches and equips missionaries in the context of the local church through internship programs. During the year, XL: Sponsored a booth at a TMAI conference (an international training organization for pastors). XL also presented its ministry services to the regional directors of this organization and provided each of them several of XLs resources. Completed translations of its resources into two languages during the year. XL is in the process of translating its resources into 6 more languages. Provided hard copies of its English resources at conferences in 10 foreign countries. Provided hard copies of its Spanish resources at conferences in 3 foreign countries. Provided PDF downloads to churches and ministries in multiple countries outside of the US. Worked with churches and organizations in over 20 countries during the year.

Program 3
Expenses: $150,065

XL provides resources to and support for interns training in U.S. and international churches. A total of 47 churches have been approved for the internship program. 9 new churches were approved for...

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XL provides resources to and support for interns training in U.S. and international churches. A total of 47 churches have been approved for the internship program. 9 new churches were approved for the internship program during the fiscal year. 36 interns are currently supported by XL staff in 21 churches. 15 new interns started internships during the year from 9 different churches. 4 interns completed the program during the year.

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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 $1,038,615
Program Service Revenue $0
Investment Income $15,704
Other Revenue $1
TOTAL REVENUE $1,054,320

Expense Breakdown

Grants Paid $8,528
Salaries & Benefits $642,694
Fundraising Expenses $50,048
Program Expenses $747,724
Other Expenses $382,828
TOTAL EXPENSES $1,034,050

Year-over-Year Comparison

2024 2023 Change
Revenue $1,054,320 $1,136,423 -0.1%
Expenses $1,034,050 $795,176 +0.3%
Net Income $20,270 $341,247 -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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Governance

Voting Members
7
Independent Members
4
Employees
12
Volunteers
26

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
8
$319,087
Total Directors
7
$263,046
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Murphy CEO 50.00
Officer Director
$93,102 $60,000 $153,102
Rocky Wyatt President 50.00
Officer Director
$65,944 $44,000 $109,944
Eric Ellis Former Director 0.00
$41,112 $29,000 $70,112
Pamela Wyatt Controller 10.00
Officer
$32,134 $0 $32,134
John Bingham COO 50.00
Officer
$23,907 $0 $23,907
Chris Riser Board Chairman 10.00
Officer Director
$0 $0 $0
Jonathan Anderson Secretary 5.00
Officer Director
$0 $0 $0
Bryan Chandler Vice Chairman 5.00
Officer Director
$0 $0 $0
Jonathan Pendrich Treasurer 3.00
Officer Director
$0 $0 $0
Justin Turner Director 2.00
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
2025 $1,054,320 $1,034,050 $551,991 $20,270
2024 $1,136,423 $795,176 $525,957 $341,247
2023 $579,634 $616,848 $184,904 $-37,214
2022 $281,004 $381,476 $215,415 $-100,472
2021 $209,740 $148,609 $315,978 $61,131
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