Driftwood Ministries Inc
Nonprofit profile at a glance
- EIN
- 933439798
- IRS 990-EZ coverage
- 2023–2023
- Forms available
- Form 990-EZ 2023
- Location
- Melbourne Beach, FL, USA
- Phone
- 4104462612
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
Reported finances
- Revenue
- $15,176
- Expenses
- $1,678
- Assets
- $9,498
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Chris Tosheff (Board President)
People named in this filing
- Chris Tosheff (Board President)
- Stephen Nease (BOD Member)
- Robb Young (BOD Member)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Religious retreat
What it reported doing in 2023
As we prepare to develop an off grid retreat we begin to learn about those we will serve and equip our team for ministry. By serving those already operating retreats and by serving those who will use our facility. We served at other retreats and offered free athletic coaching for FCA a future partner. We served 1 retreat and 50 athletes
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 82
- Sustainability: 78
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 13.1%; rating input score 13
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 88.9%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 5.66; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: Limited
- 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: 13.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $2K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 4 of 6 current checks pass · 2 findings to review
- Schedules: 1 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 — Financial Efficiency: Mission deployment rate scored 13/100.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 56/100.