TIP OF THE SPEARS MINISTRIES (EIN 852532547) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

DAVID MILLS

Phone

8043909200

Tax Period

2024-01-01 to 2024-12-31

TIP OF THE SPEAR MINISTRIES, founded in 2020, is a small nonprofit in the Mental Health sector that reported $239K in total revenue in fiscal year 2023. Revenue surged 138% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 36% operating margin.

Mission

SHARPENING MEN TO BECOME THE HUSBANDS, FATHERS, AND LEADERS GOD DESIGNED US TO BE. THIS IS ACCOMPLISHED THROUGH EXPERIENCES, WEEKLY TRIBE MEETINGS, AND A WEEKLY PODCAST.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $370,721

Program Service Revenue $236,278

Investment Income $9,426

Other Revenue $-52,319

TOTAL REVENUE $564,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,017

Fundraising Expenses $13,382

Program Expenses $359,309

Other Expenses $350,960

TOTAL EXPENSES $478,977

Year-over-Year Comparison

	2024	2023	Change
Revenue	$564,106	$239,020	+1.4%
Expenses	$478,977	$152,947	+2.1%
Net Income	$85,129	$86,073	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

400

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

$39,500

Total Directors

$23,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID MILLS	PRESIDENT	45.00	Officer	$34,500	$0	$34,500
RAY WAGEMAN	DIRECTOR	45.00	Director	$23,000	$0	$23,000
ROBERT BRAXTON	TREASURER	5.00	Officer	$5,000	$0	$5,000
BLAKE BOWEN	GENERAL COUN	2.00	Officer	$0	$0	$0
CONNOR DILLINGHAM	DIRECTOR	5.00	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
2024	$564,106	$478,977	$198,653	$85,129
2023	$239,020	$152,947	$112,845	$86,073

TIP OF THE SPEARS MINISTRIES