Epic Ministry
Nonprofit profile at a glance
- EIN
- 813171559
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2021
- Location
- Kaneohe, HI, USA
- Phone
- 8083540971
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Roman Catholic
- Affiliation
- Christianity
Reported finances
- Revenue
- $140,461
- Expenses
- $226,032
- Assets
- $85,092
- Liabilities
- $5,647
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- DALLAS CARTER JR (PRESIDENT)
People named in this filing
- DALLAS CARTER JR (PRESIDENT)
- LISA GOMES (SECRETARY)
- LISA SAKAMOTO (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
Epic ministry exists as a peer ministry of young adults, ages 18-39, with a deep desire to know, love, and serve the lord. In the midst of an ever- changing and ever-evolving generation, epic ministry stands to be a constant in the communal faith life of any young adult in search of a catholic peer community. We support each other in faith, promote and uphold the teachings of the holy catholic church, and provide opportunities to actively live out our call as disciples of jesus christ in our daily lives.
What it reported doing in 2024
Epic ministry has become one of the strongest and fastest growing catholic young adult ministries in the diocese of honolulu. And the awesome thing is that the secret to this growth is not a secret at all epic ministry firmly believes that a young adult community should not be limited by geographical boundaries. Because of this, epic ministry has partnered with young adult ministries around the diocese to put together incredible events that bring together young adults from various parishes. Epic ministry firmly believes in the eucharist as the source and summit of our ministry and our lives. Utilizing the musical talents many of our young adults are known for, epic ministry specializes in creating inspiring young adult prayer services and liturgies. Epic ministry has developed several retreats that balances prayer with relaxation. Epic retreats and missons are meant to take its participants away from the busyness of life and allow each person to spend quality time with each other and with jesus.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 84% 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: 86
- Transparency & Controls: 100
- Sustainability: 15
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 62.1%; rating input score 62
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: -60.9%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 11.2%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 12.5% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 62.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $140K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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 — Sustainability: Operating margin scored 1/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.