Civic Intelligence

Triple R Ministries Inc.

EIN 46-2793630 • 501(c)3 • Crestview, FL

Pub. 78 Eligible

Profile

The organization will operate exclusively for religious, charitable, and education purposes to support and spread the gospel of jesus christ specifically to provide a place a place of refuge, revival and/or rebirth for children generally between the ages of birth and 12 years old.

1020 S Ferdon BlvdCrestview, FL 32536

www.triplerministries.org

Siviq Scores

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

Liabilities / Assets

48th percentile

0.05x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.28x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

412%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,321,009

Up $171,054 (+15%) from 2023

Liabilities

Up

$69,091

Up $41,874 (+154%) from 2023

Net Assets

Up

$1,251,918

Up $129,180 (+12%) from 2023

Revenue

Up

$247,951

Up $199,557 (+412%) from 2023

Expenses

Up

$78,771

Up $4,356 (+5.9%) from 2023

Net Income

Up

$169,180

Up $195,201 (+750%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $1,001,189Liabilities 2017: $0Net Assets 2017: $1,001,1892017Assets 2018: $873,542Liabilities 2018: $0Net Assets 2018: $873,5422018Assets 2019: $1,025,653Liabilities 2019: $0Net Assets 2019: $1,025,6532019Assets 2020: $1,087,552Liabilities 2020: $100,175Net Assets 2020: $987,3772020Assets 2021: $1,154,607Liabilities 2021: $63,350Net Assets 2021: $1,091,2572021Assets 2022: $1,197,404Liabilities 2022: $48,645Net Assets 2022: $1,148,7592022Assets 2023: $1,149,955Liabilities 2023: $27,217Net Assets 2023: $1,122,7382023Assets 2024: $1,321,009Liabilities 2024: $69,091Net Assets 2024: $1,251,9182024

Highlighted filing

2024

Assets$1,321,009
Liabilities$69,091
Net Assets$1,251,918

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: -$120,411Expenses 2018: $7,236Net Income 2018: -$127,6472018Revenue 2019: $179,239Expenses 2019: $57,127Net Income 2019: $122,1122019Revenue 2020: $26,722Expenses 2020: $64,998Net Income 2020: -$38,2762020Revenue 2021: $222,172Expenses 2021: $118,292Net Income 2021: $103,8802021Revenue 2022: $153,607Expenses 2022: $96,105Net Income 2022: $57,5022022Revenue 2023: $48,394Expenses 2023: $74,415Net Income 2023: -$26,0212023Revenue 2024: $247,951Expenses 2024: $78,771Net Income 2024: $169,1802024

Highlighted filing

2024

Revenue$247,951
Expenses$78,771
Net Income$169,180

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$247,951
Mission and Program Overview

Mission

The organization will operate exclusively for religious, charitable, and education purposes to support and spread the gospel of jesus christ specifically to provide a place a place of refuge, revival and/or rebirth for children generally between the ages of birth and 12 years old.

Triple r ministries, shall be a faith-based non-profit organization, existing to provide at-risk, in-need and abandoned children from birth to 19, and a transitional option for young adults 19-25, a structured and secure place of refuge to grow in character, discipline, work ethic and spiritual maturity. Triple r ministries purpose is to use loving home environments, structured living and daily biblical studies, disciplined stewardship of land and animals that god has provided, and individual responsibilities to build godly character. The children's home will provide a loving home environment teaching, directing and caring for children with the focus of the statement of faith and following the principles established herein. The children's home purpose is to utilize the ranch setting whenever available to further train and disciple the children using the animals and ranch responsibilities both as motivation and as a way of building character, self esteem, and godly stewardship. It is ho

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$915,857$1,111,245▲ $195,388
Other Notes and Loans Receivable, Net$207,478$200,813▼ $6,665
Cash and Non-Interest-Bearing Accounts$10,131$6,092▼ $4,039
Savings and Temporary Cash Investments$16,489$2,859▼ $13,630
Total Assets$1,149,955$1,321,009▲ $171,054
Liabilities
Unsecured Notes Loans Payable-$59,804-
Mortgage Notes Payable Secured by Investment Property$27,217$9,287▼ $17,930
Total Liabilities$27,217$69,091▲ $41,874
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,122,738$1,251,918▲ $129,180
Total Net Assets Fund Balance$1,122,738$1,251,918▲ $129,180
Total Liabilities and Net Assets / Fund Balance$1,149,955$1,321,009▲ $171,054

Asset Categories

AssetBook ValueDepreciationBasis
Land$718,598-$718,598
Other Land Buildings$392,647$189,339$581,986
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$235,690
Program Service Revenue
$0
Investment Income
$12,261
Other Revenue
$0
All Other Contributions
$235,690
Change in Net Assets
$169,180

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$229,700
Total Noncash Contributions1$229,700
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,771
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$54,119--$54,119
Occupancy$4,443--$4,443
Advertising$3,660--$3,660
Fees for Services Other$2,716--$2,716
Insurance$2,473--$2,473
All Other Expenses$1,116--$1,116
Interest$906--$906
Other Expenses$781--$781
Total Functional Expenses$78,771$0$0$78,771
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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

Form 990, Page 6, Part VI, Line 11B

A copy of the tax return is reveiwed by the ceo and cfo and is made available to the other board members for their review.

Form 990, Page 6, Part VI, Line 19

The copies of the governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Triple R Ministries Inc
EIN
46-2793630
Phone
8506822120
Address
1020 S FERDON BLVD, CRESTVIEW, FL 32536

Signing Officer

Name
Mark Welton
Title
CEO
Phone
8506822120
Signed
2025-11-12

Organization Details

Principal Officer
Mark Welton
Formed
2013
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Dawn M Paul CPA Pa
Address
770 INDUSTRIAL DR, CRESTVIEW, FL 32539
Preparer
Dawn M Paul
Phone
8503988934
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Triple r ministries, shall be a faith-based non-profit organization, existing to provide at-risk, in-need and abandoned children from birth to 19, and a transitional option for young adults 19-25, a structured and secure place of refuge to grow in character, discipline, work ethic and spiritual maturity. Triple r ministries purpose is to use loving home environments, structured living and daily biblical studies, disciplined stewardship of land and animals that god has provided, and individual responsibilities to build godly character. The children's home will provide a loving home environment teaching, directing and caring for children with the focus of the statement of faith and following the principles established herein. The children's home purpose is to utilize the ranch setting whenever available to further train and disciple the children using the animals and ranch responsibilities both as motivation and as a way of building character, self esteem, and godly stewardship. It is hoped that this will lead to better relationships, work ethic, and ultimately, better futures. Transitional homes or housing in the ranch setting is envisioned to allow for young adults to continue to support the ranch while developing their vocational skills, and advancing their educational goals. This transitional program would follow the same fundamental guidelines with the understanding that as adults, the residents must be given the opportunity to begin making their own decisions in life and learning to take ownership of the consequences of those decisions. Our desire is to see all children, youth and young adults who come to trm leave better than when they arrived, as we believe that all children and youth have the potential for greatness when guided by biblical principles in the love of christ and as true disciples of the lord jesus christ. It is our sincere hope that children, youth and young adults living at any location of trm will eventually enter society with the knowledge, confidence and a relationship with the lord that will guide them to lead godly lives, and in the future, godly homes. Our prayer is that no child or youth will leave without experiencing a life-changing moment with jesus christ

Form 990, Part X

A prior period adjustment of 40,000 was posted to correct the note payable to mark welton. The 40,000 was deposited into the bank account on 7/15/20. The loan was removed in error during the removal of the activity with swan aviation ministries, inc.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRIPLE R MINISTRIES, SHALL BE A FAITH-BASED NON-PROFIT ORGANIZATION, EXISTING TO PROVIDE AT-RISK, IN-NEED AND ABANDONED CHILDREN FROM BIRTH TO 19, AND A TRANSITIONAL OPTION FOR YOUNG ADULTS 19-25, A STRUCTURED AND SECURE PLACE OF REFUGE TO GROW IN CHARACTER, DISCIPLINE, WORK ETHIC AND SPIRITUAL MATURITY. TRIPLE R MINISTRIES PURPOSE IS TO USE LOVING HOME ENVIRONMENTS, STRUCTURED LIVING AND DAILY BIBLICAL STUDIES, DISCIPLINED STEWARDSHIP OF LAND AND ANIMALS THAT GOD HAS PROVIDED, AND INDIVIDUAL RESPONSIBILITIES TO BUILD GODLY CHARACTER. THE CHILDREN'S HOME WILL PROVIDE A LOVING HOME ENVIRONMENT TEACHING, DIRECTING AND CARING FOR CHILDREN WITH THE FOCUS OF THE STATEMENT OF FAITH AND FOLLOWING THE PRINCIPLES ESTABLISHED HEREIN. THE CHILDREN'S HOME PURPOSE IS TO UTILIZE THE RANCH SETTING WHENEVER AVAILABLE TO FURTHER TRAIN AND DISCIPLE THE CHILDREN USING THE ANIMALS AND RANCH RESPONSIBILITIES BOTH AS MOTIVATION AND AS A WAY OF BUILDING CHARACTER, SELF ESTEEM, AND GODLY STEWARDSHIP. IT IS HOPED THAT THIS WILL LEAD TO BETTER RELATIONSHIPS, WORK ETHIC, AND ULTIMATELY, BETTER FUTURES. TRANSITIONAL HOMES OR HOUSING IN THE RANCH SETTING IS ENVISIONED TO ALLOW FOR YOUNG ADULTS TO CONTINUE TO SUPPORT THE RANCH WHILE DEVELOPING THEIR VOCATIONAL SKILLS, AND ADVANCING THEIR EDUCATIONAL GOALS. THIS TRANSITIONAL PROGRAM WOULD FOLLOW THE SAME FUNDAMENTAL GUIDELINES WITH THE UNDERSTANDING THAT AS ADULTS, THE RESIDENTS MUST BE GIVEN THE OPPORTUNITY TO BEGIN MAKING THEIR OWN DECISIONS IN LIFE AND LEARNING TO TAKE OWNERSHIP OF THE CONSEQUENCES OF THOSE DECISIONS. OUR DESIRE IS TO SEE ALL CHILDREN, YOUTH AND YOUNG ADULTS WHO COME TO TRM LEAVE BETTER THAN WHEN THEY ARRIVED, AS WE BELIEVE THAT ALL CHILDREN AND YOUTH HAVE THE POTENTIAL FOR GREATNESS WHEN GUIDED BY BIBLICAL PRINCIPLES IN THE LOVE OF CHRIST AND AS TRUE DISCIPLES OF THE LORD JESUS CHRIST. IT IS OUR SINCERE HOPE THAT CHILDREN, YOUTH AND YOUNG ADULTS LIVING AT ANY LOCATION OF TRM WILL EVENTUALLY ENTER SOCIETY WITH THE KNOWLEDGE, CONFIDENCE AND A RELATIONSHIP WITH THE LORD THAT WILL GUIDE THEM TO LEAD GODLY LIVES, AND IN THE FUTURE, GODLY HOMES. OUR PRAYER IS THAT NO CHILD OR YOUTH WILL LEAVE WITHOUT EXPERIENCING A LIFE-CHANGING MOMENT WITH JESUS CHRIST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE TAX RETURN IS REVEIWED BY THE CEO AND CFO AND IS MADE AVAILABLE TO THE OTHER BOARD MEMBERS FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COPIES OF THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A PRIOR PERIOD ADJUSTMENT OF 40,000 WAS POSTED TO CORRECT THE NOTE PAYABLE TO MARK WELTON. THE 40,000 WAS DEPOSITED INTO THE BANK ACCOUNT ON 7/15/20. THE LOAN WAS REMOVED IN ERROR DURING THE REMOVAL OF THE ACTIVITY WITH SWAN AVIATION MINISTRIES, INC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART X
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/USAddress/AddressLine1Txt01020 S FERDON BLVD
IRS990/USAddress/CityNm0CRESTVIEW
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK WELTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08506822120
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRIPLE R MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIP
ReturnHeader/Filer/EIN0462793630
ReturnHeader/Filer/PhoneNum08506822120
ReturnHeader/Filer/USAddress/AddressLine1Txt01020 S FERDON BLVD
ReturnHeader/Filer/USAddress/CityNm0CRESTVIEW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032536
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274545287
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAWN M PAUL CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0770 INDUSTRIAL DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CRESTVIEW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032539
ReturnHeader/PreparerPersonGrp/PhoneNum08503988934
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAWN M PAUL
ReturnHeader/ReturnTs02025-11-12T12:25:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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