Venture Ministries Incorporated

EIN: 871157948 501(c)(3) Religion

San Marcos, TX

Total Revenue
$294,236
Total Expenses
$277,213
Total Assets
$78,194
Net Assets
$76,876
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
TX
Phone
2817532515
Tax Period
2023-01-01 to 2023-12-31

Venture Ministries Incorporated, founded in 2021, is a small nonprofit in the Religion sector that reported $294K in total revenue in fiscal year 2023. Expenses of $277K left a modest 6% surplus.

Mission

To assist the global body of Christ in the evangelization, education, and impartation of spiritual growth to unevangelized peoples, and Christian adherents.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $250,445
Program Service Revenue $43,791
Investment Income $0
Other Revenue $0
TOTAL REVENUE $294,236

Expense Breakdown

Grants Paid $1,100
Salaries & Benefits $86,242
Fundraising Expenses $0
Program Expenses $260,648
Other Expenses $189,871
TOTAL EXPENSES $277,213

Year-over-Year Comparison

2023 2022 Change
Revenue $294,236 N/A N/A
Expenses $277,213 N/A N/A
Net Income $17,023 N/A N/A
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

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
5
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
3
$40,912
Total Directors
3
$40,912
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Corey Schmitt Executive Dir. 30.00
Officer Director
$40,912 $0 $40,912
Ryan Wiersma Treasurer 2.00
Officer Director
$0 $0 $0
Donald Campbell III Secretary 2.00
Officer 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 No data No data No data No data
2023 $294,236 $277,213 $78,194 $17,023
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Venture Ministries Incorporated with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.