423 Ministries International

Nonprofit profile at a glance

EIN
813821371
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Plano, TX, USA
Phone
5037993474
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Addictive Disorders N.E.C.

Reported finances

Revenue
$199,831
Expenses
$249,763
Assets
$19,857

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Joel Warneking (President)

People named in this filing

  • Joel Warneking (President)
  • Ryan Ihde (Treasurer)
  • Alan Wheatley (Director)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See Schedule O

What it reported doing in 2024

Primary Exempt Purpose Pornography in all its many forms is an addictive world-wide epidemic. It destroys countless numbers of lives, marriages and families. Porn fuels the sex industry, including illegal activies such as prostitution, child pornography and human trafficing. 423 Ministries reaches out to the men, women and young people recovering from the impact of bad sexual choices. 423 Ministries is radically committed to helping others overcome sex addiction and its impact on families and the church worldwide. The ministry currently works with groups that meet weekly in many different locations across several states.All other accomplishment Continuing to increase the number of groups and people that hear the message and produce material that is spread to more groups.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 6
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 80.6%; rating input score 81

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -25%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 51.8%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 15.8% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 15.1% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: -4.8% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 80.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $201K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Sustainability: Operating margin scored 6/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.