Fill the Gap Concerts
Nonprofit profile at a glance
- EIN
- 364730130
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2012
- Location
- High Point, NC, USA
- Phone
- 3364719041
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $11,593
- Expenses
- $9,413
- Assets
- $1,051
- Liabilities
- $24,263
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- MICHAEL FOSTER (PRESIDENT/TR)
People named in this filing
- MICHAEL FOSTER (PRESIDENT/TR)
- MICHAEL STALEY (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
To spread the christian faith in america, uk, to include n ireland, and possibly other countries through christian music and other unique events. This invoives all ages, although a special emphasis will be on young people...the future of our churches.
What it reported doing in 2024
Promoted christian music concerts by contracting with a concert producer/promoter to promote various christian music concerts in the united states and other promotions of christian music thru various concerts and bands.
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 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 13
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 11.5%; rating input score 12
- Program expense ratio: 14.2%; rating input score 14
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.8%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 23.09; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 7.8%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -10.1% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -15.5% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: -37.4% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 11.5% of revenue deployed · 14.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 12/100.
- High — Financial Efficiency: Program expense ratio scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 10/100.