Baptist Faith Mission Inc
Nonprofit profile at a glance
- EIN
- 386062107
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Cincinnati, OH, USA
- Phone
- 5136730889
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Protestant
- Affiliation
- Christianity
Reported finances
- Revenue
- $783,406
- Expenses
- $775,056
- Assets
- $835,234
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- DAVID PITMAN (PRESIDENT)
Highest reported compensation
- PHILIP DUBARRY (EXEC. SECRET): $22,800 total reported compensation
- GEORGE SLEDD (TREASURER): $9,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
"go into all the world and preach the gospel to every creature." the purpose of baptist faith missions is to assist baptist churches to send god-called missionaries to fulfill disciple-making, church-planting missions in the nations of the world. We believe that "essential great commission missions" is to "make disciples of all the nations" by preaching the gospel, evangelizing, baptising disciples, establishing baptist churches, and training the disciples to obey everything that our lord jesus christ has commanded.
What it reported doing in 2024
During 2024 - seven missionary families preached the gospel, assisted the needy in many ways, conducted hundreds of bible studies, baptized scores of new believers, and established churches in four nations around the world: brazil, peru, france, and kenya. Stateside, we have conducted four missions conferences over the course of the year to gather our supporters together and update them on the ministries and service of their missionaries whom they support, encourage them in their continued contributions to the needs of their missionaries, and give account to them for the distribution and use of the contributions they have given. In addition to our hosting our own conferences, we have also expanded the outreach of baptist faith missions by attending and hosting exhibits at a number of national and regional conferences such as founders ministries, g3 ministries, detroit baptist theological seminary, cedarville college, and covenant baptist theological seminary.
Operating model
- Revenue model
- Donor-supported. 95% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 53
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.8%; rating input score 99
- Program expense ratio: 99.8%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 82.4%; rating input score 82; 19th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.1%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 1.08; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 4.1%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings
- Revenue growth: -0.4% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 0% per year; rating input score 100; 18th percentile among comparable filings
Details
- Where the money goes: 98.8% of revenue deployed · 99.8% of spending went to programs
- Governance: 14 of 17 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $774K in reported program spending
- Leadership: top reported pay $23K · 17 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules · includes major donors
- 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 — Accountability: Governance controls: 6 of 7 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.