Keep the Faith Audio Tape Ministry

EIN: 931171584 501(c)(3) Religion

Locust Dale, VA

Total Revenue
$602,966
Total Expenses
$495,517
Total Assets
$4,009,754
Net Assets
$4,008,678
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
OR
Phone
5406722354
Tax Period
2023-01-01 to 2023-12-31

Keep the Faith Audio Tape Ministry, founded in 1994, is a small nonprofit in the Religion sector that reported $840K in total revenue in fiscal year 2018. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $321K, a strong 38% operating margin.

Mission

To distribute, circulate and make available free of charge, to as many people as possible, in all languages, audio tapes, CD's, Videos and Books containing soul saving truths of the bible and also to provide public health education.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $589,353
Program Service Revenue $0
Investment Income $13,613
Other Revenue $0
TOTAL REVENUE $602,966

Expense Breakdown

Grants Paid $0
Salaries & Benefits $228,318
Fundraising Expenses $0
Program Expenses $407,613
Other Expenses $267,199
TOTAL EXPENSES $495,517

Year-over-Year Comparison

2023 2022 Change
Revenue $602,966 $1,074,402 -0.4%
Expenses $495,517 $592,376 -0.2%
Net Income $107,449 $482,026 -0.8%
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

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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
1
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
$99,720
Total Directors
3
$99,720
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harold Mayer Director 60.00
Officer Director
$99,720 $0 $99,720
Betsy Mayer Director 2.00
Officer Director
$0 $0 $0
Mark Bruno Director 0.00
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 $602,966 $495,517 $4,009,754 $107,449
2022 $1,074,402 $592,376 $3,903,454 $482,026
2021 $650,076 $557,917 $3,421,651 $92,159
2020 $656,946 $566,058 $3,329,396 $90,888
2019 $614,650 $595,538 $3,238,304 $19,112
2018 $839,690 $519,146 $3,218,820 $320,544
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