Good Soil Ministries
Nonprofit profile at a glance
- EIN
- 993512018
- IRS 990 coverage
- 2024–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Cologne, MN, USA
- Phone
- 833-963-4912
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $353,008
- Expenses
- $9,757
- Assets
- $985,675
- Liabilities
- $642,424
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- JOSEPH GODFREY (OFFICER)
- KYLE HUNT (OFFICER)
- TY DECKER (OFFICER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Working the land through regenerative farming and planting seeds for God's Kingdom to bring a strong harvest
What it reported doing in 2024
Acquisition of facility, plan of year one exempt purpose accomplished and activated
Operating model
- Revenue model
- Donor-supported. 98% 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
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 35
- Transparency & Controls: 92
- Accountability: 64
- Sustainability: 85
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.8%; rating input score 3
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 97.2%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 101.02; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.65; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 2.8% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 5 filed schedules · includes major donors
- 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.
- High — Financial Efficiency: Mission deployment rate scored 3/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Liabilities to assets ratio scored 9/100.