Liabilities / Assets
48th percentile
Higher debt load relative to assets than 48% of similar nonprofits.
EIN 46-2793630 • 501(c)3 • Crestview, FL
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
48th percentile
Higher debt load relative to assets than 48% of similar nonprofits.
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
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
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $718,598 | - | $718,598 |
| Other Land Buildings | $392,647 | $189,339 | $581,986 |
| Name | Title |
|---|---|
| Paul Mixon | Director |
| Preston Brett House | Director |
| Mark Welton | CEO |
| Kristen Ellis | CFO |
| Contribution Type | Contribution Count | Reported Amount |
|---|---|---|
| Other Non Cash Contri Table | 1 | $229,700 |
| Total Noncash Contributions | 1 | $229,700 |
| Line Item | Amount |
|---|---|
| Other Expenses | $78,771 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“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.”
“The copies of the governing documents are made available upon request.”
“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”
“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.”
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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|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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 |
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| IRS990/MissionDesc | 0 | 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 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE COPIES OF THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART X |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARK WELTON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8506822120 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-12 |
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| ReturnHeader/Filer/EIN | 0 | 462793630 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 274545287 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DAWN M PAUL CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 770 INDUSTRIAL DR |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAWN M PAUL |
| ReturnHeader/ReturnTs | 0 | 2025-11-12T12:25:20-05:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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