Admirato Inc

Nonprofit profile at a glance

EIN
463789908
IRS 990 coverage
2015–2025
Forms available
Form 990 2025, Form 990-EZ 2014
Location
Waukesha, WI, USA
Phone
4148287113
Rating
75
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,235,538
Expenses
$1,034,659
Assets
$300,248
Liabilities
$62,915

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DAVID SEEMUTH (PRESIDENT)

Highest reported compensation

  • DAVID SEEMUTH (PRESIDENT): $192,400 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Admirato, inc. Is focused on bringing high quality biblical and theological education to different audiences around the world. The focus is to engage scholars of high visibility and with excellent reputations to bring well-rounded teaching to the wider world.

What it reported doing in 2025

Admirato, inc. Shall act as a catalyst for christian leadership development locally, regionally, nationally, or internationally, wherever opportunities present themselves. Such leadership development may include mentoring, coaching, advising, teaching, and encouraging christian believers. We wish to advance the understanding of christian believers in the areas of biblical studies, systematic theology, counseling, church history, and other subject areas as needed to fulfill our mission. In addition, the organization seeks to enrich and engage congregations in joining the specific roles as stated above.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.9%; rating input score 57
  • Program expense ratio: 66.2%; rating input score 66
  • Fundraising efficiency: $4.03 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16.3%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 18.6%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 13.5% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 13.2% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 56.9% of revenue deployed · 66.2% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $685K in reported program spending
  • Leadership: top reported pay $192K · 5 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • High — Financial Efficiency: Fundraising efficiency scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.