TIP OF THE SPEARS MINISTRIES

EIN: 852532547 501(c)(3) Mental Health

MIDLOTHIAN, VA

Total Revenue
$564,106
Total Expenses
$478,977
Total Assets
$198,653
Net Assets
$198,653
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
DAVID MILLS
Phone
8043909200
Tax Period
2024-01-01 to 2024-12-31

TIP OF THE SPEARS MINISTRIES, founded in 2020, is a small nonprofit in the Mental Health sector that reported $564K in total revenue in fiscal year 2024. Revenue surged 136% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 15% 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.

Program Service Accomplishments

Program 1
Expenses: $147,096 Revenue: $186,366

EXPERIENCES - HELD 5 LARGE EXPERIENCES IN 2024: CARRY THE FIRE/PATCH, WARRIOR PRINCESS, A 7-YEAR BIRTHDAY EVENT AND START THE FIRE. CARRY THE FIRE IS AN EVENT WHICH INCLUDES AN OVERNIGHT FIELD...

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EXPERIENCES - HELD 5 LARGE EXPERIENCES IN 2024: CARRY THE FIRE/PATCH, WARRIOR PRINCESS, A 7-YEAR BIRTHDAY EVENT AND START THE FIRE. CARRY THE FIRE IS AN EVENT WHICH INCLUDES AN OVERNIGHT FIELD TRAINING EXPERIENCE WITH THE GOAL OF MAKING MEN BETTER DISCIPLES OF JESUS CHRIST AND READY TO DEFEND AND LEAD OTHERS TO CHRIST THROUGH DISCIPLESHIP, APOLOGETICS, AND LEADERSHIP TRAINING. WARRIOR PRINCESS AND KNIGHT ARE CAMPOUTS WITH CHILDREN AGES 6-17 WITH THEIR FATHERS OR FATHER-FIGURE. THE 7-YEAR BIRTHDAY EVENT CELEBRATED AND RECOGNIZED TRIBE MEMBERS AND LEADERS FOR THEIR ACCOMPLISHMENTS DURING THE YEAR AND HIGHLIGHTED THE GROWTH AND VISION OF THE MINISTRY. APPROXIMATELY 370 ATTENDED THIS EVENT IN 2024. START THE FIRE IS AN INTRODUCTION TO MEN'S ALLIANCE TO MEN WHO MAY WANT TO START A TRIBE.

Program 2
Expenses: $179,537

TRIBES - TRIBES ARE LOCAL CHAPTERS OF MEN WHO MEET WEEKLY FOR A RUGGED OUTDOOR WORKOUT AND REAL-WORLD DEVOTIONS AROUND A FIRE. AT THE END OF 2024, THERE WERE APPROXIMATELY 165 TRIBES THROUGHOUT THE...

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TRIBES - TRIBES ARE LOCAL CHAPTERS OF MEN WHO MEET WEEKLY FOR A RUGGED OUTDOOR WORKOUT AND REAL-WORLD DEVOTIONS AROUND A FIRE. AT THE END OF 2024, THERE WERE APPROXIMATELY 165 TRIBES THROUGHOUT THE UNITED STATES AS WELL AS CANADA AND HUNGARY.

Program 3
Expenses: $32,676 Revenue: $49,912

PODCAST - THE WEEKLY PODCAST REACHES MEN AND FOCUSES ON HELPING MEN TO DEVELOP AS CHRISTIANS INTO LEADERS THROUGH DISCUSSIONS AND TOUCHING ON A VARIETY OF RELEVANT TOPICS AND ISSUES.

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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 $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
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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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Governance

Voting Members
3
Independent Members
3
Employees
14
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
3
$39,500
Total Directors
2
$23,000
Key Employees
0
$0
Highest Compensated
0
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
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