Garret Fitch Ministries Inc
Nonprofit profile at a glance
- EIN
- 841764862
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Minford, OH, USA
- Phone
- 7402856344
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $96,511
- Expenses
- $109,616
- Assets
- $64,607
- Liabilities
- $970
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- GARRET FITCH (PRESIDENT)
People named in this filing
- GARRET FITCH (PRESIDENT)
- KAILEE FITCH (SECRETARY TR)
- CALVIN R EVANS (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
Mission is to share the gospel of jesus christ through sermon and song. Reaching the lost at home and abroad. This could include assistance to other evangelisitic ministries and to follow biblical principles to help the needy in furtherance of the gospel. Ministry will conduct single or a series of evangelistic meetings, church services, signing events, revivals and other outreach opportunities to spread the gospel of jesus christ to wherever he leads.
What it reported doing in 2024
Conducting single and series of evangelistic meetings where the gospel message is presented in sermon and in song. 107 individual meetings were held in 2024 across 6 states to present the gospel. A new music project was also compiled during the year to minister to those who acquired the project.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.9%; rating input score 95
- Program expense ratio: 83.5%; rating input score 84
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: -13.6%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 46%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 20.4% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 94.9% of revenue deployed · 83.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $92K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Sustainability: Operating margin scored 28/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.