High Plains Christian Ministries Foundation

Nonprofit profile at a glance

EIN
752639228
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Amarillo, TX, USA
Phone
8063375292
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations
Affiliation
Christianity

Reported finances

Revenue
$29,003,455
Expenses
$21,812,831
Assets
$575,796,868
Liabilities
$2,535,000

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • STEPHEN DALRYMPLE (HPCMF PRESIDENT)
  • MARK HOTMANN (PRESIDENT/CEO/CFO)
  • ROBERT SMITH (VICE PRESIDENT)
  • DYRON HOWELL (VICE PRESIDENT)
  • WAYNE EVANS (VICE PRESIDENT)

Highest reported compensation

  • MARK HOTMANN (PRESIDENT/CEO/CFO): $675,758 total reported compensation
  • STEPHEN DALRYMPLE (HPCMF PRESIDENT): $635,792 total reported compensation
  • CHRISTOPHER PIRTLE (VP/GENERAL COUNSEL/SECRETARY): $348,202 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Financial support of charitable organizations.

What it reported doing in 2024

The company's primary function and purpose is to provide financial support for the development and support of christian ministries and causes, and healthcare/health promotion services. The company makes grants in conjunction with the baptist general convention of Texas for the development of new christian ministries in the state of Texas and the southwest region of the united states (through predominately in the panhandle region of the state of Texas), and also makes grants for the support of baptist community services and its programs and other existing christian ministries and christian/community programs. During fiscal year 2024, the company made 121 grants in the aggregate amount of $17,455,493 to 81 organizations.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 85
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83.5%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.7%; rating input score 100; 35th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th 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: 24.8%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 26.4; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 94; 94th percentile among comparable filings
  • Officer compensation ratio: 6.3%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: -5.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 83.5% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $18.2M in reported program spending
  • Leadership: top reported pay $676K · 21 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $2.9M reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes grants and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 59 filed money-flow records
  • Related organizations: 60 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.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.