Civic Intelligence

Faith Tabernacle Ministries Inc

EIN 38-4038914 • 501(c)3 • Port Arthur, TX

Profile

None

10167 Memorial BlvdPort Arthur, TX 77640
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

1st percentile

-0.64x

Higher debt load relative to assets than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

1st percentile

-0.28x

Higher debt load relative to revenue than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

85th percentile

38%

Higher net margin than 85% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

98th percentile

$330,500

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 58.6% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

71st percentile

15%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

97%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$249,845

Up $31,940 (+15%) from 2022

Liabilities

Up

-$159,580

Up $36,755 (+19%) from 2022

Net Assets

Down

$409,425

Down $4,815 (-1.2%) from 2022

Revenue

Up

$563,875

Up $278,196 (+97%) from 2022

Expenses

Up

$347,953

Up $202,986 (+140%) from 2022

Net Income

Up

$215,922

Up $75,210 (+53%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2018: $399,089Liabilities 2018: $0Net Assets 2018: $399,0892018Assets 2019: $553,468Liabilities 2019: $233,117Net Assets 2019: $320,3512019Assets 2020: $481,776Liabilities 2020: $99,757Net Assets 2020: $382,0192020Assets 2021: $308,991Liabilities 2021: $35,463Net Assets 2021: $273,5282021Assets 2022: $217,905Liabilities 2022: -$196,335Net Assets 2022: $414,2402022Assets 2023: $249,845Liabilities 2023: -$159,580Net Assets 2023: $409,4252023

Highlighted filing

2023

Assets$249,845
Liabilities-$159,580
Net Assets$409,425

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2018: $352Expenses 2018: $57,256Net Income 2018: -$56,9042018Revenue 2019: $206,023Expenses 2019: $195,133Net Income 2019: $10,8902019Revenue 2020: $139,400Expenses 2020: $77,732Net Income 2020: $61,6682020Revenue 2021: $165,150Expenses 2021: $273,641Net Income 2021: -$108,4912021Revenue 2022: $285,679Expenses 2022: $144,967Net Income 2022: $140,7122022Revenue 2023: $563,875Expenses 2023: $347,953Net Income 2023: $215,9222023

Highlighted filing

2023

Revenue$563,875
Expenses$347,953
Net Income$215,922

Filings

Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 16, 2022
Return Version
2021v4.0
Gross Receipts
$165,150
Mission and Program Overview

Mission

None

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$307,701$286,899▼ $20,802
Accounts Receivable$174,075$0▼ $174,075
Cash and Non-Interest-Bearing Accounts$0$22,092▲ $22,092
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$481,776$308,991▼ $172,785
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$68,725$35,463▼ $33,262
Mortgage Notes Payable Secured by Investment Property$31,032$0▼ $31,032
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$99,757$35,463▼ $64,294
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$382,019$273,528▼ $108,491
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$382,019$273,528▼ $108,491
Total Liabilities and Net Assets / Fund Balance$481,776$308,991▼ $172,785

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$241,899-$0
Equipment$45,000$15,000$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kaleb RuleDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$165,150
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-108,491

Audited Revenue Reconciliation

Revenue per Audited Statements
$165,150
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$165,150
Total Revenue per Form 990
$165,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,141
Salaries, Compensation, and Employee Benefits$57,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$0$186,854$0$186,854
Other Salaries and Wages$0$57,500$0$57,500
Insurance$0$13,359$0$13,359
Office Expenses$0$10,594$0$10,594
Travel$0$5,334$0$5,334
Total Functional Expenses$0$273,641$0$273,641

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$273,641
Total Expenses per Audited Statements$273,641
Total Expenses per Form 990$273,641
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

No review was or will be conducted

Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Faith Tabernacle Ministries
EIN
38-4038914
In Care Of
% Kristin Rule
Address
10167 Memorial Blvd, Port Arthur, TX 77640

Signing Officer

Name
Kristin Rule
Title
Secretary
Signed
2022-11-16
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
20
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/LandGrp/BookValueAmt0241899
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0241899
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
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IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
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IRS990ScheduleD/PriorYearAdjustmentsAmt00
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IRS990ScheduleD/RevenueNotReportedAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section C, Line 19
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