TEREBINTH MINISTRIES

EIN: 850639877 501(c)(3) Religion

Monument, CO

Total Revenue
$458,320
Total Expenses
$414,739
Total Assets
$740,638
Net Assets
$732,393
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CO
Principal Officer
Kent Nolley
Phone
7194394436
Tax Period
2024-01-01 to 2024-12-31

TEREBINTH MINISTRIES, founded in 2020, is a small nonprofit in the Religion sector that reported $458K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $415K left a modest 10% surplus.

Mission

Pastoral Training - Our project plan is a 3-year school, in which the pastors spend one week out of every month learning the Word of God. By the end of the 3-year program, the pastor will be taught systematically through each book of the Bible and tested out of all 66 books. Widows Ministry - There are currently 150 widows in the program through 6 local churches. Food from the Business as a Mission (BAM) farm feeds the widows on a monthly basis. The trained pastors from the Pastoral School set up outreach committees to visit the widows on a weekly basis. Training and discipleship are the key tenants of this mission. Sustainable Farming (Business as a Mission [BAM]) - The BAM (Business as Mission) Farming project been built on a model of self-sustainability. The mission of the BAM Farm is to support the salaries of the mission, the cost of the Pastoral School, and to help the community. BAM Farm is located in Adak village which is approximately 25 kilometers outside of Gulu city.

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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 $305,900
Program Service Revenue $134,369
Investment Income $446
Other Revenue $17,605
TOTAL REVENUE $458,320

Expense Breakdown

Grants Paid $0
Salaries & Benefits $74,211
Fundraising Expenses $0
Program Expenses $414,739
Other Expenses $340,528
TOTAL EXPENSES $414,739

Year-over-Year Comparison

2024 2023 Change
Revenue $458,320 $392,527 +0.2%
Expenses $414,739 $370,045 +0.1%
Net Income $43,581 $22,482 +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
5
Independent Members
5
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kent Nolley Executive Director 40
Officer
$0 $0 $0
Daniel Schwartz Secretary 0
Officer
$0 $0 $0
Jason Gordon Treasurer 0
Officer
$0 $0 $0
Daniel Lareau General Board Member 0
Officer
$0 $0 $0
Daniel Johnson General Board Member 0
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 $458,320 $414,739 $740,638 $43,581
2023 $392,527 $370,045 $688,812 $22,482
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