Freeway Ministries
Legal name: Freeway Ministries Inc
Nonprofit profile at a glance
- EIN
- 460967360
- IRS 990 coverage
- 2016–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Springfield, MO, USA
- Phone
- 4174598372
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $2,523,620
- Expenses
- $1,438,528
- Assets
- $4,285,911
- Liabilities
- $194,292
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- JOHN STROUP (EXECUTIVE DIRECTOR)
- MICHAEL AYE (PRESIDENT)
Highest reported compensation
- JOHN STROUP (EXECUTIVE DIRECTOR): $83,935 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Reach the hard to reach with the Gospel of Jesus Christ, ONE BROKEN LIFE AT A TIME. Weekly Volunteers People faithfully serving every week enable us to fulfill our mission. 11. The Timothy Project, a Freeway Ministries internship program, exists to provide training and hands-on experience to those who are called to serve in Freeway’s Missions. Interns are a valuable asset to the Freeway team, serving as a staff member under an assigned supervisor at a Freeway location and as a representative for Freeway Ministries. The Timothy Project ultimately serves to provide a program designed to prepare men and women for service in communities in local and national missions. Learn More Testimonies.
What it reported doing in 2024
Free ministries reaches out to the community and provides resources to those that need it most by providing through special events like the back to schools, every kid gets a christmas, and kids fishing outing events. In additiona, freeway ministries provides weekly meals, clothing banks, and hygeine products and services.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 78
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.9%; rating input score 49
- Program expense ratio: 84.4%; rating input score 84
- Fundraising efficiency: $39.98 raised per $1 spent on fundraising; rating input score 75; 75th 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 43%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 2.98; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 5.8%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 19.9% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 24.4% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 20.2% per year; rating input score 100; 84th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 48.9% of revenue deployed · 84.4% of spending went to programs
- Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $84K · 11 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.