Coates Ministries Inc
Nonprofit profile at a glance
- EIN
- 760492903
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- West Bend, IA, USA
- Phone
- 5158875959
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,046,004
- Expenses
- $1,280,072
- Assets
- $267,239
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- RANDY COATES (PRESIDENT)
Highest reported compensation
- RANDY COATES (PRESIDENT): $80,180 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Church mission, evangelism, church planting, discipleship, humanitarian relief, and development in kenya and east africa
What it reported doing in 2024
Preached the gospel of jesus christ to over 25,000 people in 200 villages/ started 140 new churches/ 5 extended missions to remote regions of northwest, central and coastal kenya/ preaching, teaching and training among indigenous church leaders/ provision and delivery of relief food to 137 villages with a 3 month supply of food/ sponsored primary, secondary and university students (including physically and mentally handicapped) with school fees and living expenses/ directed and taught weekly children's church and discipleship programs/ hosted short term ministry teams from the USA/ surveyed and developed water wells in 10 drought prone villages/ sponsored food, books and transport for 101 students in 5 village bible- school locations/ sponsored daily feeding programs and salaries for teachers in 2 early childhood development programs/ constructed 2 permanent church buildings and a stone wall around the nairobi church/ managed 6 adult literacy programs.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 65
- Accountability: 10
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.3%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 50%; rating input score 50; 29th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -22.4%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 6.3%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: 17.5% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 12.7% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 15.4% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.3% of spending went to programs
- Governance: 0 of 6 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $80K · 4 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Review — Transparency & Controls: Grant itemization coverage scored 50/100.
- High — Sustainability: Operating margin scored 8/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.