The Finishing Fund

Legal name: Finishing Fund Management

Nonprofit profile at a glance

EIN
822745658
IRS 990 coverage
2019–2025
Official website data refreshed
Jul 2026
Forms available
Form 990 2025, Form 990-EZ 2018, Form 990-N 2018
Location
Prospect, KY, USA
Phone
5024351363
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$5,556,539
Expenses
$5,709,229
Assets
$821,604
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • DOUGLAS COBB (PRESIDENT, DIRECTOR)

People named in this filing

  • DOUGLAS COBB (PRESIDENT, DIRECTOR)
  • STEVE WILHITE (SECRETARY, DIRECTOR)
  • ROD EMERY (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fulfill Jesus command to "make disciples of every nation." The Finishing Fund is accelerating the effort to complete Jesus Great Commission so there are disciples in every nation by 2024. Doug is a major investor in the Fund and volunteers as our managing partner. An entrepreneur from Louisville, Kentucky, Doug has been working with Finishing the Task and the Issachar Initiative for a decade. Doug and his wife Gena have been privileged to fund the engagement of hundreds of unengaged people groups around the world. Mark Haumschilt. Like us, you’re already giving to many worthy and impactful ministries. But if you’re not already invested in the effort to finish the Great Commission, you’re missing the opportunity of a lifetime. The mission is Biblical, Strategic, Impactful, and Timely, and the Fund makes it easy to get involved.

What it reported doing in 2025

Funding projects undertaken by qualified ministry partners to engage unengaged people groups with the gospel and to plant churches in unreached places.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 94
  • Accountability: 81
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.2%; rating input score 96
  • Program expense ratio: 93.6%; rating input score 94
  • Fundraising efficiency: $23.84 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.8%; rating input score 100; 47th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 20th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.7%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 90; 90th percentile among comparable filings

Growth

  • Program expense growth: 17.3% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 20.3% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 10.7% per year; rating input score 100; 60th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site
  • Where the money goes: 96.2% of revenue deployed · 93.6% of spending went to programs
  • Governance: 7 of 8 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $5.3M in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 26 filed money-flow records
  • Related organizations: 26 filed related-organization links
  • 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.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.