Bgea Mn

Nonprofit profile at a glance

EIN: 410692230
IRS 990 coverage: 2010–2014
Forms available: Form 990 2014
Location: Charlotte, NC, USA
Phone: 7044012432
Rating: 54
Verdict: MIXED
Rating confidence: Moderate
Sector: Protestant
Affiliation: Christianity

Official website

Reported finances

Revenue: $3,935,626
Expenses: $430,593
Assets: $87,708,956
Liabilities: $69,740,236

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

20 people listed

Highest reported compensation

JOEL B AARSVOLD (VP CORP PTYR): $341,240 total reported compensation
WM FRANKLIN GRAHAM III (DIR/PRES./PR): $258,677 total reported compensation
BILLY GRAHAM (DIR./CHAIR.): $242,934 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Form 990 - organization's mission or most significant activities part i, line 1, and part iii, line 1 bgea, mn is a non-profit subsidiary of the billy graham evangelistic association and exists to support its mission. The billy graham evangelistic association exists to support and extend the evangelistic calling and ministries of billy graham and franklin graham by proclaiming the gospel of the lord jesus christ to all we can by every effective means available to us and by equipping others to do the same. Bgea proclaims the gospel message: "god so loved the world that he gave his one and only son, that whoever believes in him shall not perish but have eternal life." (john 3:16) in mark 16:15, jesus said "go into all the world and preach the good news to all creation." we proclaim the gospel of jesus christ globally through a variety of communication tools and outreach events, including festivals and celebrations, tv and radio programs, print publications, the internet, and new creative

What it reported doing in 2014

The purpose of bgea, mn is to provide an ongoing source of funding to support the mission of the billy graham evangelistic association through deferred giving instruments.

Operating model

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model: Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

MIXED - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

Financial Efficiency: 29
Transparency & Controls: 73
Accountability: 83
Sustainability: 78
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 13.9%; rating input score 14
Program expense ratio: 65.4%; rating input score 65
Fundraising efficiency: Limited

Transparency & Controls

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 70th percentile among comparable filings
Major donor itemization: Limited
Related-party transparency: Limited

Accountability

Independent voting board: 71.4%; rating input score 71; 12th percentile among comparable filings
Governance controls: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Sustainability

Operating margin: 89.1%; rating input score 99; 99th percentile among comparable filings
Total-asset coverage ratio: 203.69; rating input score 100; 100th percentile among comparable filings
Liabilities to assets ratio: 0.8; rating input score 14; 14th percentile among comparable filings
Officer compensation ratio: 111.5%; rating input score 0; 0th percentile among comparable filings

Growth

Program expense growth: -198.7% per year; rating input score 0; 0th percentile among comparable filings
Revenue growth: -20.4% per year; rating input score 0; 2nd percentile among comparable filings
Asset growth: -12.9% per year; rating input score 0; 5th percentile among comparable filings

Details

Where the money goes: 13.9% of revenue deployed · 65.4% of spending went to programs
Governance: 10 of 14 board members independent · 9 of 9 filing controls reported
Programs: 1 filed program accomplishment · $281K in reported program spending
Leadership: top reported pay $341K · 20 people listed · 1 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $103K reported
Consistency: 17 of 17 current checks pass
Schedules: 8 filed schedules · includes grants and executive pay
Filing history: 5 filing years from 2010 to 2014
Contacts: How to reach this organization
Money network: 1 filed money-flow record
Related organizations: 6 filed related-organization links
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 14/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Officer compensation ratio scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 14/100.