Good Shepherd Ministries of Wilmington Inc
Nonprofit profile at a glance
- EIN
- 561566178
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Wilmington, NC, USA
- Phone
- 9102519862
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Homeless Shelters
Reported finances
- Revenue
- $6,880,977
- Expenses
- $6,896,300
- Assets
- $6,066,698
- Liabilities
- $985,762
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- KATRINA KNIGHT (EXECUTIVE DIRECTOR)
Highest reported compensation
- KATRINA KNIGHT (EXECUTIVE DIRECTOR): $184,881 total reported compensation
- LAUREN HENDERSON (CHIEF FINANCE & OPERATIONS): $173,936 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Good Shepherd is to feed the hungry, shelter the homeless and foster transition to housing.
What it reported doing in 2025
The mission of Good Shepherd Ministries, Inc. is to feed the hungry, shelter the homeless and foster transition to housing. Established as a modest Soup Kitchen in 1983, Good Shepherd Center has evolved over the years to provide an array of programs addressing hunger and homelessness. The Day Shelter provides the chronically homeless with a low-demand safe haven where they may receive mail and clean clothing, and access restrooms and showers. Guests also benefit from an on-site medical clinic, operated in partnership with the New Hanover County Health Department, which provides free, non-threatening access to health screenings, prescriptions, wound care, vaccinations, and health education.Annually, our Second Helpings program redistributes more than 500 tons of salvaged food that would otherwise have been thrown away to area programs serving food insecure households, in addition to enabling our Soup Kitchen to serve as many as 120,000 meals a year to the hungry.Already the largest provider of homeless services in the Tri-County area, Good Shepherd opened a Night Shelter in 2005 to better respond to unmet need for emergency overnight beds. Open every night, year-round, the shelter accommodates up to 118 homeless men, women, and families with children each night, providing them not only a bed, but access to food, clothing, restrooms, showers, individual case management and housing facilitation. On average, as many as 100 individuals seek shelter with us each night, including a number of families experiencing a housing crisis. In a typical year, 150 homeless guests are assisted in transitioning from the shelter to housing through the financial assistance and intensive case management offered by our Rapid Rehousing program. Good Shepherd is heavily volunteer-driven, with more than 500 individuals from around the community donating their time and talent to the success of our work.The Sgt. Eugene Ashley Center provides short-term, transitional Bridge Housing for up to 16 homeless Veterans at a time. Bridge housing is a short-term solution for Veterans who have been offered and accepted a permanent housing intervention but are still working on access to that housing. The program is based on the low-barrier Housing First model to end homelessness among Veterans. Length of stay is individually determined based on need, but in general, is not expected to exceed 90 days. In addition, eight units of Permanent Supportive Housing provide affordable housing with supportive services to chronically homeless men with disabilities.SECU Lakeside Reserve provides 40 units Permanent Supportive Housing -- a Best Practice housing intervention for the chronically homeless -- and common spaces, including a lobby, case manager's office, communal kitchen, TV room, and laundry facilities. Residents pay no more than 30% of their income for rent, ensuring they can still afford groceries, medications, and other household necessities. Together, these programs serve as an essential safety net of emergency services while also proving housing-based solutions that end the homelessness of our neighbors in crisis.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 98% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 77
- Accountability: 100
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.2%; rating input score 91
- Program expense ratio: 90.9%; rating input score 91
- Fundraising efficiency: $20.02 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 25th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
- 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: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.2%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.88; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 6.6% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 91.2% of revenue deployed · 90.9% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $6.3M in reported program spending
- Leadership: top reported pay $185K · 16 people listed · 2 of 6 pay-setting controls reported
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 3 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 — Financial Efficiency: Fundraising efficiency scored 59/100.
- High — Sustainability: Operating margin scored 25/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.