Grace and Glory Ministries Internat

Nonprofit profile at a glance

EIN
593606128
IRS 990 coverage
2012–2015
Forms available
Form 990 2015, Form 990-EZ 2011
Location
Ponte Vedra, FL, USA
Phone
8139910189
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$378,684
Expenses
$354,758
Assets
$2,066
Liabilities
$70,010

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Ragan D Rowland (President)

Highest reported compensation

  • Ragan D Rowland (President): $55,000 total reported compensation
  • Alexis Burgos (Director): $21,600 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To operate exclusively for religious, charitable, educational and distinct ecclesiastical purposes within the meaning of Section 501 (c) (3).

What it reported doing in 2015

Grace & Glory Ministries International conducted numerous ministry endeavors in 2015 including multiple missions trips into Brazil, Nicaragua and Honduras. Some of the ministry highlights were two mass crusades in Villa Nueva, Honduras and La Entrada, Honduras where multiple thousands responded at altars and surrendered to Christ. Additionally, we conducted large outreaches in Sao Luis and Rio De Janeiro, Brazil with similar results!2015 was a pivotal year in many ways as we expanded our reach into the "bordos and favelas and slum regions" with expanded emphasis on education and home construction in some of the poorest areas of the respective countries.We continued to attract, train, equip, and release missionaries into the nations and led three large short term trips where over 120 people join us cumulatively. We continued to reach souls, train local churches and their leaders in host nations as well as preparing local leaders here in the U.S.A renewed and deeper commitment was made to change the reality of the poor on the humanitarian and education front in Honduras in honor of my wife, Janet Rowland, co-founder of Grace & Glory Ministries as she battled terminal cancer in 2015.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 96% 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

MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 86
  • Accountability: 10
  • Sustainability: 30
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.8%; rating input score 71
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 19th 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: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: 6.3%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 33.89; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 21.6%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: -10.6% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: 18.3% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 30% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 70.8% of revenue deployed · 75.6% of spending went to programs
  • Governance: 0 of 4 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $268K in reported program spending
  • Leadership: top reported pay $55K · 4 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 4 filing years from 2012 to 2015
  • 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.

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 — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.