Celebration Tabernacle

Nonprofit profile at a glance

EIN
260383237
IRS 990 coverage
2010–2019
Forms available
Form 990 2019
Location
Cocoa, FL, USA
Phone
3216380381
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$177,042
Expenses
$138,398
Assets
$4,366,259
Liabilities
$4,327,615

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ERROL J BECKFORD (President)
  • KIM BECKFORD (Vice President)

Highest reported compensation

  • ERROL J BECKFORD (President): $13,452 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To Provide help, hope and a reason for living. To minister to the whole person spiritualy, emotionaly, physicaly, socialy, and financialy. Share the love of Jesus with the un-churched and bring them into a personal relationship with Jesus Christ. To establish an oasis of love, where the hurting, indebted, frustrated, and confused can find love, acceptance, and forgivness. Providing spiritual and religious services to the community. Providing faith based crisis intervention strategies to those in need. Providing critically needed goods, services, and benevolence to the communityProviding spiritual and religious services to the community thru:1. Providing weekly religious services serving approximately 350 regular attending members.2. Operating the Celebration Used Furniture and Appliance Store, in selling quality, low cost used and rebuilt household furniture and appliances to the local community.3. Operating the Celebration Thrift Clothing Store, in selling quality, low cost used clothing

What it reported doing in 2019

The transition homes provide transitional housing for men and women who find themselves in difficult life situations. These homes have been developed to provide a safe environment for individuals during periods of personal, economic, or social crisis. The goal for each resident is life restoration. While residing in the home, the residents are provided with guidance and assistance from the ministry to help them stabilize their lives and develop their ability to live a victorious independent life.

Operating model

Revenue model
Other-operating. 77% of the money available for current operations came from other operating revenue.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 20
  • Transparency & Controls: 90
  • Accountability: 0
  • Sustainability: 71
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13.9%; rating input score 14
  • Program expense ratio: 17.8%; rating input score 18
  • Fundraising efficiency: $17 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 0 of 8 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 21.8%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 31.55; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.99; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 9.7%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: -34.5% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -4.1% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 13% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 13.9% of revenue deployed · 17.8% of spending went to programs
  • Governance: 0 of 6 board members independent · 0 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $25K in reported program spending
  • Leadership: top reported pay $13K · 6 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2010 to 2019
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 14/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 18/100.
  • High — Accountability: Governance controls: 7 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.