Bishop Gilbert Earl Patterson Ministry
Nonprofit profile at a glance
- EIN
- 933687901
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Memphis, TN, USA
- Phone
- 8778295500
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
- Affiliation
- Christianity
Reported finances
- Revenue
- $299,223
- Expenses
- $307,470
- Assets
- $2,548,691
- Liabilities
- $1,687
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- RHONDA PARKS (SENIOR VICE PRESIDENT)
- DOREEN GRAVES (PRESIDENT & CEO)
- BLANCHARD TUAL (VICE PRESIDENT)
Highest reported compensation
- RHONDA PARKS (SENIOR VICE PRESIDENT): $50,174 total reported compensation
- DOREEN GRAVES (PRESIDENT & CEO): $44,217 total reported compensation
- BRIAN MASTERS (SECRETARY): $10,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The vision and mission of the bishop gilbert earl patterson ministry is to continue to live out the gospel of jesus christ across the world, guided by the teachings and legacy of bishop gilbert earl patterson. We aspire to serve the total person, as a beacon of both spiritual enrichment and practical service, nurturing souls and transforming lives. Through unwavering dedication, we aim to build a global community united by faith, compassion, and service, making a lasting impact for generations to come.
What it reported doing in 2024
The bishop gilbert earl patterson ministry exists to reach the global community with the gospel of jesus christ, carrying on the teachings and legacy of bishop patterson, and encouraging all to receive the gift of salvation while nurturing the total person-mind, body, and spirit. The organization's second year of operations in fy2024-2025 was focused on building the administrative and programmatic infrastructure to begin operating ministry initiatives and programming. Current infrastructure and programming include: building an online presence to distribute proprietary ministry audio and video materials, such as sermon videos, music, print publications, and more; developing local initiatives to provide connection and support to vulnerable communities such as the elderly and senior citizens; and developing broader national and global initiatives to recognize and support groups such as caregivers, women's groups, and others. The bishop ge patterson ministry will continue to build additional platforms for outreach and material support in the coming years.
Operating model
- Revenue model
- Donor-supported. 80% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - 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 a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 92
- Accountability: 61
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.3%; rating input score 59
- Program expense ratio: 47.6%; rating input score 48
- Fundraising efficiency: $6.27 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 57.1%; rating input score 57; 17th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.8%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 8.29; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 34%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 199.7% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: -157.4% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: 1.9% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 59.3% of revenue deployed · 47.6% of spending went to programs
- Governance: 4 of 7 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $146K in reported program spending
- Leadership: top reported pay $50K · 7 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Moderate — Financial Efficiency: Program expense ratio scored 48/100.
- Review — Accountability: Independent voting board scored 57/100.
- High — Financial Efficiency: Fundraising efficiency scored 27/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Officer compensation ratio scored 9/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.