Charles Gearheart Ministries Inc
Nonprofit profile at a glance
- EIN
- 611349202
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Lynchburg, VA, USA
- Phone
- 8596383788
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $53,801
- Expenses
- $50,164
- Assets
- $9,316
- Liabilities
- $90
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- CHARLES J GEARHEART (PRESIDENT)
People named in this filing
- CHARLES J GEARHEART (PRESIDENT)
- EVA GEARHEART (SECRETARY/TREASURER)
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
Charles gearheart ministries, inc.mission statementthe mission of charles gearheart ministries, inc. Is to preach and teachthe word of god, nationally and internationally, and to minister healingand salvation, to teach and encourage ministers, to establish churches, to publish the word through media, to minister in prisons, to teach peopleto prosper in all areas of life, and to encourage the body of christ. Ourmost significant activities are ministering in churches, ministering throughsocial media, and publishing a monthly newsletter which delivers theword of god to anyone who is hungry to learn, grow, and experiencevictory through the word.
What it reported doing in 2024
The mission of charles gearheart ministries, inc. Is to preach and teachthe word of god, nationally and internationally, and to minister healingand salvation, to teach and encourage ministers, to establish churches, to publish the word through media, to minister in prisons, to teach people to prosper in all areas of life, and to encourage the body of christ. Ourmost significant activities are ministering in churches, ministering throughsocial media, and publishing a monthly newsletter which delivers theword of god to anyone who is hungry to learn, grow, and experiencevictory through the word.
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 42
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.2%; rating input score 93
- Program expense ratio: 100%; rating input score 100
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: 6.8%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 93.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $50K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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 — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.