Fix Ministry INC EIN 82-5207756 Form 990 (PDF) Claim this org

Fix Ministry INC

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Offers Christian discipleship for drug and alcohol recovery. For fiscal year 2024 it reported $996K in revenue, $936K in expenses, and $796K in net assets.Pt I

Type
Religious organization · Human Services
Location
King William, VA
Website
thefixministry.org
Filings
5 on file (2020–2024)
Revenue
$996KFY2024
Expenses
$936K
Net assets
$796K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-5207756 Religious organization King William, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers Christian discipleship for drug and alcohol recovery.
Leadership
Fred Weymouth · Senior Pastor · $51K
Money in and out
$996K revenue, $936K expenses
Bottom line
74% program efficiency
Where the money goes · FY2024
Total revenue
$996K
Pt VIII · Ln 12
Total expenses
$936K
Pt IX · Ln 25
Net assets
$796K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $60K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.26
Program efficiency
74%
of spending reaches programs-0.09% vs prior filing year
Operating runway
7.5mo
months of highly liquid reserves at operating expense rate▼ -6% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▼ -38% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$996K
FY2024-0.1%
Expenses
$936K
FY2024▲ +4%
Total assets
$1.2M
FY2024▲ +57%
Total liabilities
$361K
FY2024▲ ×236
Total revenue
$996K
Pt VIII · Ln 12
Total expenses
$936K
Pt IX · Ln 25
Net assets
$796K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$60K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFix Ministry INC
EINHdr · item D82-5207756
Principal addressHdr · item CKing William, VA
WebsiteHdr · item Jthefixministry.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFMay 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Senior Pastor
$50,534Pt VII · Sec A
Director of Operations
$10,054Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Fred Weymouth’s $51K as Senior Pastor is at the 38th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Fred E Weymouth III$53,087
John W Swezey JR$51,931
John W Swezey JR$51,090
Fred Weymouth$50,534$48,150
Fred Weymouth$50,150
Fred E Weymouth III$34,902
Casey Weymouth$10,054$9,774$6,240
Casey Weymouth$9,774$7,590

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $696K of program spending, described in the organization's own filed words · FY2024.
01

Biblically discipling individuals battling life controlling issues through vocational training, education, and the biblical models of addiction. The areas of training at our residential facility are educational, vocational, managerial, family, and spiritual with the emphasis on personal change and improvement.

$696Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$756K · 76%
Other revenue$188K · 19%
Program service revenue$52K · 5%
Contributions & grants76%$756K
Other revenue19%$188K
Program service revenue5%$52K
Total revenueLn 12$996K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$696K
Management & general26%$240K
Total functional expensesLn 25$936K

Balance Sheet

Part X · end of year
CashLn 1$584K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$361K
Total net assetsLn 32$796K
Months of cash on handcomputed7.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $584K · Operating expenses/yr $936K
7.5 months
Where the money goes
Program services
Program services $696K · Total expenses $936K
74%
Management & General
Management & general $240K · Total expenses $936K
26%
Fundraising
Fundraising $0 · Total expenses $936K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $754K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $756K · Total revenue $996K
76%
Government reliance
Government grants $0 · Total revenue $996K
0%
Earned-income share
Program service revenue $52K · Total revenue $996K
5%
Investment reliance
Investment income $-7K · Total revenue $996K
-0.7%
Program self-sufficiency
Program service revenue $52K · Total expenses $936K
6%
Growth & trend
Revenue growth (YoY)
This year $996K · Prior year $998K
-0.1%
Revenue CAGR
FY2020 $348K · FY2024 $996K
+30%
Net-asset trend (YoY)
End of year $796K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $996K · Expenses $936K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $796K · Total assets $1.2M
69%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
0%
People & payroll
Highest Reported Total Compensation
Individual Fred Weymouth · Reported title Senior Pastor · Highest reported compensation $51K · Total expenses $936K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $223K · Total expenses $936K
24%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 26%
Fundraising cost ratio 0%
Revenue growth -0.1%
Legal fee ratio 0.2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$20K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$996K revenue · viewing · ⤓ 990 PDF
FY2023$998K revenue · ⤓ 990 PDF
FY2022$966K revenue · ⤓ 990 PDF
FY2021$899K revenue · ⤓ 990 PDF
FY2020$348K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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