Abounding Grace Ministry Inc

Nonprofit profile at a glance

EIN
262340478
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024, Form 990-N 2015
Location
Rutherfordton, NC, USA
Phone
8284290289
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Inmate Support
Affiliation
Christianity

Reported finances

Revenue
$154,545
Expenses
$140,057
Assets
$14,488

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

Leadership & pay

7 people listed

People named in this filing

  • KIRSTENE LANDRY (CHAIRMAN)
  • ANGELA ALLEN (VICE CHAIRMAN)
  • BARBARA WHITE (SECRETARY)

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

We met 51 times, 2 hours weekly plus lunch after bible study. A lot of great bible was taught on a variety of topics to help spiritual, emotional and intellectual need of the women. 2240 food boxes were given away plus other toiletries 1931 personal care items and clothing were given awaw disaster relief- hurricane helene helped green hill baptist church, bill's creek area, supplies to pastor wayne stafford of pilgram's way baptist church items included tents, sleeping bags, heaters, propane, food and much more

What it reported doing in 2024

See attachment

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 3
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 5%; rating input score 5
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 9.4%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 48.1%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 34.5% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 10.9% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 9.1% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 5% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 4 of 5 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 5/100.
  • Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.