His Promise Ministries Inc
Nonprofit profile at a glance
- EIN
- 900502549
- IRS 990-EZ coverage
- 2012–2016
- Forms available
- Form 990 2011, Form 990-EZ 2016
- Location
- Deland, FL, USA
- Phone
- 3867389488
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $148,109
- Expenses
- $146,119
- Assets
- $5,359
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- KATHY MORGANELLI (PRESIDENT)
People named in this filing
- KATHY MORGANELLI (PRESIDENT)
- PASTOR ALICE ODELL (DIRECTOR)
- TARA WHITFIELD (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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To stand in the gap for all of god's children, especially the marginalized, seeking to transform lives one child at a time at home and abroad in the context of education through support of schools and after-school mentoring programs, while not ignoring the physical needs of food, housing and medical care.
What it reported doing in 2016
Support for other tax-exempt organizations which care for and give assistance to disadvantaged youth. During the current year, financial support was provided to the thornwell home for children. Thornwell is a faith-based childrens' home in clinton, South Carolina serving children and familiies throughout Florida, South Carolina and Georgia. Teachers help instill values of responsibility, motivation, and the love of christ through nurturing, mental health counseling, academic support, and dental and medical care. Also during the current year, financial support was provided to a progam named pearls (positive, enthusiastic, articulate, radiant, lovely and successful). In this program, local community and academic leaders in the area of lake helen, Florida give pearls of wisdom to young women in a six week program. This faith-based program begins each session with an inspirational message. Participants receive mentoring and attend educational events to hear speakers covering a range of topics that instruct and encourage the young women on how to be successful and contributing members of their communities.
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 100% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 27
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.6%; rating input score 98
- Program expense ratio: 99%; rating input score 99
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: 1.3%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 4.6% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: -20.8% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 97.6% of revenue deployed · 99% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $145K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2012 to 2016
- 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.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Growth: Asset growth scored 0/100.