412 Ministries Inc

Nonprofit profile at a glance

EIN
852580773
IRS 990-EZ coverage
2022–2022
Forms available
Form 990-EZ 2022
Location
Fort Wayne, IN, USA
Rating confidence
Limited
Sector
Philanthropy, Charity, Voluntarism Promotion

Reported finances

Revenue
$150
Expenses
$158
Assets
$475

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • Justin Davis (Founder)
  • Andrew Scheele (Co-Founder)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is organized exclusively for one or more of the purposes specified: To provide physical and monetary aid to local non-profits and charities that depend on fiscal donations and additional resources to function and maintain high standards while also supporting residents experiencing financial hardships. Through event coordination our efforts will be focused on hosting events charities and fundraisers in the area that raise funding for specific causes in Fort Wayne and the neighboring communities. The collected funds will then be used in one or more of following manners based on the final decision of the domestic corporation's leaders; Donated to larger organizations corporations to make a greater impact used to purchase resources such as food clothing or other items to help those who need it in the community or the money will be gifted as a donation to local families or individuals in need.

What it reported doing in 2022

This year has been a rebuild year. The first year was focused more on researching the demographic and truly figuring out what the major needs were in the homeless community. Any money initially in our accounts has been from us personally. We don't have any major accomplishments to report that required significant funding. We are still working on growing our reach in the community and connecting with other non-profits to collaborate with.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5.3%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 3.01; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Operating margin scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.