517 MINISTRIES

EIN: 880611164 501(c)(3) Housing & Shelter

TELLICO PLAINS, TN

Total Revenue
$230,307
Total Expenses
$207,925
Total Assets
$113,106
Net Assets
$110,766
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
TN
Principal Officer
AMY LEONARD
Tax Period
2025-01-01 to 2025-12-31

517 MINISTRIES, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $230K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $208K left a modest 10% surplus.

Mission

TO ASSIST PEOPLE IN RE-ENTERING THE COMMUNITY AFTER OVERCOMING ADDICTION, INCARCERATION, HOMELESSNESS, AND OTHER LIFE-CHALLENGING SITUATIONS BY PROVIDING A SUPPORTIVE AND STRUCTURED COMMUNITY ENVIRONMENT AND RESOURCES THAT ENCOURAGE SOBER LIVING, COMMUNITY INVOLVEMENT, HOME STABILITY, AND COMMITMENT TO A LOCAL BODY OF CHRISTIAN BELIEVERS.

Program Service Accomplishments

Program 1
Expenses: $185,734

WE OPENED A RESIDENTIAL ADDICION RECOVERY PROGRAM THAT PROVIDED 51 MEN WITH A SAFE ENVIRONMENT TO EXPERIENCE 2470 COLLECTIVE DAYS OF SOBRIETY. THIS PROGRAM HAS THE CAPACITY TO HOUSE UP TO 18 MEN AT...

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WE OPENED A RESIDENTIAL ADDICION RECOVERY PROGRAM THAT PROVIDED 51 MEN WITH A SAFE ENVIRONMENT TO EXPERIENCE 2470 COLLECTIVE DAYS OF SOBRIETY. THIS PROGRAM HAS THE CAPACITY TO HOUSE UP TO 18 MEN AT ONE TIME. WE HOSTED 4 RECOVERY IN THE PARK EVENTS, REACHING AND FEEDING AN AVERAGE OF 204 PEOPLE PER EVENT. WE HELPED APPROXIMATELY 150 PEOPLE AND ORGANIZATIONS WITH VARIOUS DONATIONS OF MONEY AND SERVICE. AND WE OPERATED CELEBRATE RECOVERY TELLICO PLAINS, WHICH AVERAGED AN ATTENDANCE OF 50 PEOPLE PER MEETING. WE PARTNERED WITH 11 DIFFERENT CHURCHES WHO HELPED TO PROVIDE WORSHIP AND MEAL SERVICES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $211,185
Program Service Revenue $19,120
Investment Income $2
Other Revenue $0
TOTAL REVENUE $230,307

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,109
Fundraising Expenses $0
Program Expenses $185,734
Other Expenses $158,816
TOTAL EXPENSES $207,925

Year-over-Year Comparison

2025 2024 Change
Revenue $230,307 $210,090 +0.1%
Expenses $207,925 $150,258 +0.4%
Net Income $22,382 $59,832 -0.6%
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
6
Independent Members
5
Employees
3
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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE FREEMAN BOARD MEMBER N/A
Director
$0 $0 $0
DARBY FRERICHS BOARD MEMBER N/A
Director
$0 $0 $0
ZACHARY HITSON ADVISOR N/A
Director
$0 $0 $0
MAKAYLA DAFFRON SECRETARY N/A
Officer
$0 $0 $0
AMY LEONARD VICE-PRESIDE N/A
Officer
$0 $0 $0
WILLIAM LEONARD PRESIDENT N/A
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
2025 $230,307 $207,925 $113,106 $22,382
2024 $210,090 $150,258 $79,002 $59,832
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