Audio Scripture Ministries

Nonprofit profile at a glance

EIN
236296186
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Holland, MI, USA
Phone
6163965291
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,359,273
Expenses
$1,566,516
Assets
$2,007,214
Liabilities
$26,415

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

Leadership & pay

8 people listed

Executive titles in this filing

  • JAMISON WORST (PRESIDENT/DIRECTOR)
  • BEN RUITER (VICE PRESIDENT/DIRECTOR)
  • NAOMI FRIZZELL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • NAOMI FRIZZELL (EXECUTIVE DIRECTOR): $130,273 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Asm's commitment to the great commission leads us to serve others by:-partnering with national leaders, churches, ministries, and individuals to create and distribute scripture media to share the good news of jesus.-recording bible and bible engagement resources in languages needed by people groups around the world.-distributing scripture media, either directly or through gospel partners, to all who need to hear, especially focusing on least-reached or unreached people groups.-engaging people to be in the word, be with jesus, and be transformed.-serving as the hands and feet of jesus in integral mission so that barriers to sharing the gospel are removed.

What it reported doing in 2024

Bible engagement - providing access to scriptures and training in the methods that help people most effectively encounter jesus is central to bible engagement. Increasing engagement with god's word is done through a variety of strategies and tools such as audio, written, storytelling, art, graphics, music, poetry, skits, drama, etc. The goal is whole life transformation, based on god's word.integral missions - our teams serve as the hands and feet of jesus in integral mission so that barriers to sharing the gospel are removed through: compassionate care hospice and palliative care in the interior of mozambique; new harvest farm training of subsistence farmers in updated agricultural techniques; and providing disaster relief to help in times of emergency. Our teams distribute audio bibles, record and distribute biblically-based agricultural training for local farmers, and health care educational resources focused on helping slow the spread of HIV/AIDS, malaria, and dysentery.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.7%; rating input score 93
  • Program expense ratio: 80.2%; rating input score 80
  • Fundraising efficiency: $8.3 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 84.2%; rating input score 84; 36th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • 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: Pass

Sustainability

  • Operating margin: -15.2%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 1.28; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 8.3%; rating input score 42; 42nd percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: 4.2% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 92.7% of revenue deployed · 80.2% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $1.3M in reported program spending
  • Leadership: top reported pay $130K · 8 people listed
  • Consistency: 38 of 39 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and grants
  • Filing history: 15 filing years from 2010 to 2024
  • 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.

  • High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
  • High — Sustainability: Operating margin scored 12/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 42/100.