Calvary Music Ministries Inc

Nonprofit profile at a glance

EIN: 571126017
IRS 990-EZ coverage: 2018–2023
Forms available: Form 990-EZ 2023, Form 990-N 2017
Location: Taylors, SC, USA
Phone: 8649051783
Rating: 78
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Protestant
Affiliation: Christianity

Reported finances

Revenue: $59,324
Expenses: $46,388
Assets: $1,776

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

Terry Snow (President)
Barry Snow (Vice President)

People named in this filing

Terry Snow (President)
Lynn Snow (Secretary)
Dan Snow (Director)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To further the fulfillment of the great commission by evangelism and edification through music and song. The purpose of the ministry is exclusively religions, charitable, scientific, literary and educational within the meaning of Section 501(c)(3) of the internal revenue code of 1986, as amended.

What it reported doing in 2023

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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

Financial Efficiency: 86
Transparency & Controls: 82
Sustainability: 44
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 78.2%; rating input score 78
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 21.8%; rating input score 75; 75th percentile among comparable filings
Total-asset coverage ratio: 0.04; rating input score 7; 7th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -12.2% per year; rating input score 0; 25th percentile among comparable filings
Revenue growth: -17.6% per year; rating input score 0; 17th percentile among comparable filings
Asset growth: -44.9% per year; rating input score 0; 5th percentile among comparable filings

Details

Where the money goes: 78.2% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $46K in reported program spending
Leadership: top reported pay $0 · 6 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 4 filing years from 2018 to 2023
Contacts: How to reach this organization
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 — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 7/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.