Connect Ministries
Nonprofit profile at a glance
- EIN
- 474194805
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Edmonds, WA, USA
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Development
- Affiliation
- Christianity
Reported finances
- Revenue
- $227,919
- Expenses
- $193,650
- Assets
- $642,099
- Liabilities
- $103,591
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JAY YOUNG (PRESIDENT)
Highest reported compensation
- KATIE MCGREW (EXECUTIVE DI): $45,432 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We partner with local nicaraguan pastors and ministry leaders in serving the country through feeding programs, educational materials, mentoring and bible study. Based in managua, nicaragua, connect is a non profit christian ministry with the goal of connecting two cultures and ultimately seeking christ in deeper more meaningful relationships. Connect pursues this calling through multiple ministries including short term mission trips, long term discipleships, and the beca scholarship program, all of which connects sultures around the world to build god's kingdom.
What it reported doing in 2024
The short term missions program allows you to step into the nicaraguan culture for 7-10 days to connect with people, experience the reality of life here, and witness all that god is doing in this beautiful county. Our goal in this program is to help people connect with christ and see how god is working outside of their own culture. Short term trips are a combination of experiencing life in nicaragua and working on projects in our area of influence. All short term trips are completely tailored to your team, which means the projects are based on your team's talents and skill set. Whether your team is full of students or working professionals, god can use you on a short term trip.
Operating model
- Revenue model
- Donor-supported. 61% 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
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 55
- Accountability: 69
- Sustainability: 57
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.2%; rating input score 69
- Program expense ratio: 81.4%; rating input score 81
- Fundraising efficiency: $398.05 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 15%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 3.32; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 23.5%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: -2.6% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -1% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 10.5% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 69.2% of revenue deployed · 81.4% of spending went to programs
- Governance: 9 of 9 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $158K in reported program spending
- Leadership: top reported pay $45K · 9 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 6 filed schedules · includes major donors and foreign activity
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.