Brineknit

Nonprofit profile at a glance

EIN
850907695
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Visalia, CA, USA
Phone
5596796505
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$155,713
Expenses
$158,701
Assets
$20,894

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Hannah Ploegstra (CEO)

People named in this filing

  • Gerrit Bothof Jr (Chairman)
  • Hannah Ploegstra (CEO)
  • Terri Bothoff (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The specific objective and purpose of this corporation shall be to make Jesus Christ known through the development and funding of clear and innovative communications of the Bible for gospel ministry. This corporation is established for the express purpose of Christian witness, making the gospel of Jesus Christ known to people of every age, gender, race, religion, and culture. It exists to make known the grace of God and the good news of his love for humanity and for the world through the development and funding of a variety of clear and innovative communications of the Bible. Its goal is to invite men, women, and children to know and trust God as he is revealed in the Holy Scriptures, being the God of mercy, renewal, and peace, and to discover their personal, unique identity in him as gracious vessels of his love and peaceful ambassadors of his offer of hope.

What it reported doing in 2024

The specific objective and purpose of this corporation shall be to make Jesus Christ known through the development and funding of clear and innovative communications of the Bible for gospel ministry.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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 program spending has grown recently. 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: 35
  • Transparency & Controls: 100
  • Sustainability: 18
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34.8%; rating input score 35
  • Program expense ratio: 34.1%; rating input score 34

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -1.9%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 36.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 55.3% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 24.5% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: -22.6% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 34.8% of revenue deployed · 34.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $54K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 34/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.