Forerunner Mission Ministry
Nonprofit profile at a glance
- EIN
- 202524118
- IRS 990-EZ coverage
- 2018–2018
- Forms available
- Form 990 2017, Form 990-EZ 2018
- Location
- Fremont, CA, USA
- Phone
- 5106568900
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religious Media, Communications
- Affiliation
- Christianity
Reported finances
- Revenue
- $104,638
- Expenses
- $1,475,303
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- GRACE HSIU CHIN CHIANG (DIRECTOR)
- ANNA NG (DIRECTOR)
- YARKWO PAN (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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote christian education by providing educational products and services for religious and educational purposes.
What it reported doing in 2018
To provide free sermon messages through website, and to sell products to help nurture and equip the spiritual growth of the forerunner christian church congregation and others around the world.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.5%; 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: -1,309.9%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -46.6% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -17.5% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $1.5M in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.