Dark Horse Ministries

Nonprofit profile at a glance

EIN
843668625
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Newberg, OR, USA
Phone
5037999370
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution
Affiliation
Christianity

Official website

Reported finances

Revenue
$90,558
Expenses
$154,481
Assets
$54,145
Liabilities
$160,937

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • CHAD COCKERELL (PRESIDENT AND DIRECTOR)

People named in this filing

  • CHAD COCKERELL (PRESIDENT AND DIRECTOR)
  • RANDE BRUHN (CFO-SECRETARY-TREASURER & DIRECTOR)
  • CHRISTOPHER SKAGGS (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The general purpose of dark horse ministries, inc is to implement and foster charitable, religious, educational and/or scientific initiatives primarily within the entertainment and media industries which: promote christian values; help create, provide and manage various types of vehicles, methods, and cultural tools and artifacts for christian influence; and also assist other christian ministries, churches and organizations with similar christian values and objectives working toward similar influences within the entertainment and media industries.

What it reported doing in 2024

Imladris conference: this industry-wide conference is designed to be a forum for support and engagement for video game industry players such as business people, creatives, producers, etc., who support dark horse ministry's intention to influence the video gaming industry with christian values. This two-and-a half day conference in 2024, attended by approximately 120 people of various ages, genders, experiences, perspectives, locations, and maturity with respect to living out christian values, was the fourth of its kind and received very positive feedback from the attendees insofar as it provided them with collegial and spiritual support in an industry not known for supporting christian values. The conference this year continued to include some higher-level industry participants who may be able to expand the ministry's industry influence. The attendees resoundingly indicated that they would like to see this experience grow and continue. There was significant discussion about how to form more partnerships within this segment of the video game industry and how to better propel and represent christian values. More and larger sponsorships of this event are now expected in the future.

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 93% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 100
  • Sustainability: 18
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83.8%; rating input score 84

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: -70.6%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 2.97; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 77.4% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 63.1% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: -27.3% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 83.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $129K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2022 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 — Sustainability: Operating margin scored 10/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.