Grace Missions International Inc
Nonprofit profile at a glance
- EIN
- 731727177
- IRS 990-EZ coverage
- 2021–2021
- Forms available
- Form 990-EZ 2021
- Location
- Bartlesville, OK, USA
- Phone
- 9182841844
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $59,801
- Expenses
- $38,919
- Assets
- $42,297
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Edward L Schmidt (President and Secretaqry)
- Dale E Willis (Vice-President and Treasurer)
People named in this filing
- Edward L Schmidt (President and Secretaqry)
- Dale E Willis (Vice-President and Treasurer)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Equipping local pastors and missionaries to establish Christian churches that endure.
What it reported doing in 2021
COUNCILING MINISTRY - COVID issues in the past year highlighted the exodus of pastors from their ministry positions beginning in Cuba and then intensifying in the United States. Travel restrictions to and within Cuba made it impossible to initiate this ministry there in 2021. We began in the last quarter of 2021 in the United States. GMI utilizes trained counselors for all of the case work with pastors and pays for the services provided to the pastors. Three pastors completed the counseling in the fourth quarter of 2021.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 87% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 64
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.7%; rating input score 62
- Program expense ratio: 94.9%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 34.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.09; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 61.7% of revenue deployed · 94.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $37K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.