Eternal Glorious Fountain Ministry
Nonprofit profile at a glance
- EIN
- 882623306
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Houston, TX, USA
- Phone
- 7738081029
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $131,698
- Expenses
- $133,098
- Assets
- $32,784
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- REVEREND KAYODE OYEGOKE (Chairman)
- PASTOR TAYO GBENGA FASAN (Director)
- PASTOR CHUCKS THOMPSIN EHIMA (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
EGFM USA is a ministry positioned in the body of Christ to supply resources for the growth and maturity of believers in the United States of America, so they can gradually and ultimately inherit the image and the likeness of God.
What it reported doing in 2024
Egfm USA hosted two annual conferences: light up america conference which was held in june and had 150+ attendees, and converge which was held in december and had 100+ attendees. We also hosted a special meeting in june which had 40 in-person attendees and 80 virtual attendees.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 98% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 28
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.3%; rating input score 95
- Program expense ratio: 94.3%; rating input score 94
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: -1.1%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -0.9% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -6.2% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 25.4% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 95.3% of revenue deployed · 94.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $125K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.