TVS Ministries Inc

EIN: 881628973 501(c)(3) Religion

Linden, TX

Total Revenue
$966,676
Total Expenses
$917,693
Total Assets
$417,095
Net Assets
$400,091
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
TX
Phone
9037016211
Tax Period
2024-01-01 to 2024-12-31

TVS Ministries Inc, founded in 2022, is a small nonprofit in the Religion sector that reported $967K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $918K left a modest 5% surplus.

Mission

TVS Ministries raises the necessary donations in order to fund interactive online classes by select world renowned teachers of Biblical studies and systematic and practical theology.

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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 $959,789
Program Service Revenue $0
Investment Income $6,887
Other Revenue $0
TOTAL REVENUE $966,676

Expense Breakdown

Grants Paid $0
Salaries & Benefits $92,793
Fundraising Expenses $0
Program Expenses $917,693
Other Expenses $824,900
TOTAL EXPENSES $917,693

Year-over-Year Comparison

2024 2023 Change
Revenue $966,676 $866,758 +0.1%
Expenses $917,693 $976,794 -0.1%
Net Income $48,983 $-110,036 -1.4%
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
3
Independent Members
N/A
Employees
2
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
0
$0
Total Directors
3
$86,121
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peggy Valentine Executive Dir. 40.00
Director
$64,754 $0 $64,754
Ronnie Dean Valentine CFO 40.00
Director
$21,367 $0 $21,367
Haley Maftey Treasurer 0.00
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 $966,676 $917,693 $417,095 $48,983
2023 $866,758 $976,794 $351,108 $-110,036
2022 $1,018,962 $557,818 $461,228 $461,144
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