Sound Word Ministries Inc

990EZ • Fiscal year 2023 • EIN 20-2571862

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 30, 2024

Organization Profile SOUNDWORDMINISTRY.ORG

Refreshing map…

810 Trail DrProsper, TX 75078

(859) 250-2836

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

2.4%

Higher net margin than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

$83,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 64.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

4.2%

Faster asset growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

4.3%

Faster revenue growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets58th percentile

Assets

Flat

$75,665

Flat from 2023

Net Assets

$75,665

No earlier filing loaded for comparison.

Liabilities

Flat

Flat from 2023

Revenue And Expenses

Liabilities / Revenue59th percentile Net Margin49th percentile

Revenue

Flat

$128,039

Flat from 2023

Expenses

Flat

$124,973

Flat from 2023

Net Income

Flat

$3,066

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2023

Assets$75,665

Liabilities$0

Net Assets$75,665

Open 2023 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2023

Revenue$128,039

Expenses$124,973

Net Income$3,066

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023
Signed: Jul 30, 2024
Return Version: 2023v5.1
Gross Receipts: $128,039

Mission and Program Overview

Mission

Spread the gospel of jesus christ

The ministry conducts meetings in churches to teach the bible and to spread the gospel of jesus christ throughout the u.s.

Program Services

Description	Grants	Expenses
THE MINISTRY CONDUCTS MEETINGS IN CHURCHES TO TEACH THE BIBLE AND TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGHOUT THE U.S.	$0	$124,972

Compensation and Service Providers

Top Officer Pay97th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
KENNETH THACKER	President	FT	$83,000	-	$83,000
JUSTIN SMALLEY	Vice President	-	$0	-	-
DUDLEY HALL	Foundation Manager	-	$0	-	-
JOHN STAABITZ	Foundation Manager	-	$0	-	-
MICHAEL TEPE	Foundation Manager	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Soundword Inc
EIN: 20-2571862
Phone: 8592502836
Address: 810 TRAIL DR, PROSPER, TX 75078

Signing Officer

Name: Kenneth Thacker
Title: President
Phone: 8592502836
Signed: 2024-07-30
Discuss with paid preparer: Yes

Preparer

Firm: Brown Graham & Company Pc
Address: PO BOX 1208, PROSPER, TX 75078
Preparer: Dianne G Kerr CPA
Phone: 9723463100

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: computer and internet expenses. Amount: 490. Description: business expenses. Amount: 1,245. Description: conferences & meetings. Amount: 621. Description: contract services. Amount: 6,116. Description: dues & subscriptions. Amount: 120. Description: ministry expenses. Amount: 11,933. Description: office supplies. Amount: 326. Description: musicians. Amount: 2,520. Description: travel & meetings. Amount: 15,562. Description: charitable contributions. Amount: 1,809. Description: meals. Amount: 750. Description: paypal fees. Amount: 453. Total to form 990-ez, line 16: 41,945.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: inventory. Beg. Of year amount: 6,945. End of year amount: 6,945. Description: undeposited funds. Beg. Of year amount: 1,853. End of year amount: 714.”

Raw XML Appendix157 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	LYNN THACKER
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8592502836
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	810 TRAIL DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	PROSPER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	75078
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	63801
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	68006
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	128039
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	3066
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	72599
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	75665
IRS990EZ/GrossReceiptsAmt	0	128039
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	72599
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	75665
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	72599
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	75665
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	83000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	KENNETH THACKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	JUSTIN SMALLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	DUDLEY HALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	JOHN STAABITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	MICHAEL TEPE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	FOUNDATION MANAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	FOUNDATION MANAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	FOUNDATION MANAGER
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	8798
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	7659
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	41945
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	THE MINISTRY CONDUCTS MEETINGS IN CHURCHES TO TEACH THE BIBLE AND TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGHOUT THE U.S.
IRS990EZ/PrintingPublicationsPostageAmt	0	28
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE MINISTRY CONDUCTS MEETINGS IN CHURCHES TO TEACH THE BIBLE AND TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGHOUT THE U.S.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	124972
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	83000
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	124973
IRS990EZ/TotalProgramServiceExpensesAmt	0	124972
IRS990EZ/TotalRevenueAmt	0	128039
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	SOUNDWORDMINISTRY.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	130748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	127805
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	103786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	11040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	34661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	408040
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	408040
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	130748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	127805
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	103786
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	11040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	34661
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	408040
IRS990ScheduleA/TotalSupportAmt	0	408040
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: COMPUTER AND INTERNET EXPENSES. AMOUNT: 490. DESCRIPTION: BUSINESS EXPENSES. AMOUNT: 1,245. DESCRIPTION: CONFERENCES & MEETINGS. AMOUNT: 621. DESCRIPTION: CONTRACT SERVICES. AMOUNT: 6,116. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 120. DESCRIPTION: MINISTRY EXPENSES. AMOUNT: 11,933. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 326. DESCRIPTION: MUSICIANS. AMOUNT: 2,520. DESCRIPTION: TRAVEL & MEETINGS. AMOUNT: 15,562. DESCRIPTION: CHARITABLE CONTRIBUTIONS. AMOUNT: 1,809. DESCRIPTION: MEALS. AMOUNT: 750. DESCRIPTION: PAYPAL FEES. AMOUNT: 453. TOTAL TO FORM 990-EZ, LINE 16: 41,945.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 6,945. END OF YEAR AMOUNT: 6,945. DESCRIPTION: UNDEPOSITED FUNDS. BEG. OF YEAR AMOUNT: 1,853. END OF YEAR AMOUNT: 714.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	KENNETH THACKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8592502836
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2024-07-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SOUNDWORD INC
ReturnHeader/Filer/BusinessNameControlTxt	0	SOUN
ReturnHeader/Filer/EIN	0	202571862
ReturnHeader/Filer/PhoneNum	0	8592502836
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	810 TRAIL DR
ReturnHeader/Filer/USAddress/CityNm	0	PROSPER
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TX
ReturnHeader/Filer/USAddress/ZIPCd	0	75078
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	0
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	751386677
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	BROWN GRAHAM & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	PO BOX 1208
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	PROSPER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	75078
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9723463100
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2024-07-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DIANNE G KERR CPA
ReturnHeader/ReturnTs	0	2024-08-01T10:27:37-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2023-01-01
ReturnHeader/TaxPeriodEndDt	0	2023-12-31
ReturnHeader/TaxYr	0	2023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $75,665
Liabilities: $0
Net assets: $75,665
Revenue: $128,039
Expenses: $124,973
Net income: $3,066

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.02	$0.00	$1.02	$1.67	$1.41	$0.26
2023Detailed filing. Detailed filing data is available for this year.	$0.76	$0.00	$0.76	$1.28	$1.25	$0.03
2023Summary only. Only limited summary data is available for this year.	$0.76	$0.00		$1.28	$1.25	$0.03
2022Detailed filing. Detailed filing data is available for this year.	$0.73	$0.00	$0.73	$1.23	$1.33	$0.10
2021Detailed filing. Detailed filing data is available for this year.	$0.94		$0.92	$1.04	$0.61	$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.40	$0.00	$0.40	$0.11	$0.15	$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.43	$0.00	$0.43	$0.35	$0.37	$0.03
2018Detailed filing. Detailed filing data is available for this year.	$0.46	$0.00	$0.46	$0.36	$0.44	$0.08
2017Detailed filing. Detailed filing data is available for this year.	$0.54	$0.00	$0.54	$0.38	$0.44	$0.05
2016Detailed filing. Detailed filing data is available for this year.	$0.62	$0.03	$0.59	$0.43	$0.54	$0.11
2015Summary only. Only limited summary data is available for this year.	$0.77	$0.07		$0.75	$0.96	$0.21
2014Detailed filing. Detailed filing data is available for this year.	$0.98	$0.10	$0.88	$1.39	$1.26	$0.13
2013Summary only. Only limited summary data is available for this year.	$0.69	$0.00		$1.06	$1.23	$0.17
2012Summary only. Only limited summary data is available for this year.	$0.87	$0.01		$1.39	$0.63	$0.76