Hr Ministries Inc

Nonprofit profile at a glance

EIN
542132477
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2022
Location
Princeton, KY, USA
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Student Services, Organizations of Students
Affiliation
Christianity

Reported finances

Revenue
$871,631
Expenses
$844,895
Assets
$552,796
Liabilities
$17,981

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

Leadership & pay

4 people listed

Highest reported compensation

  • HARRELL RILEY (DIRECTOR): $43,680 total reported compensation

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

Overview

Mission

To actively seek god's direction in evangelizing, discipling, and encouraging the young people of our world by proclaiming the good news of jesus christ in every aspect of life in which god opens opportunities through the preached word, special events, correspondence and other avenues that god reveals.

What it reported doing in 2024

During 2015, hr ministries continued to pursue avenues of ministry targeting job corp students and the prison population. The malachi dad program offered at various prisons throughout the state ministered to inmates enforcing the fathers role in the lives. The rubies for life program was offered at the women's facility to encourage these inmates to learn more about god and to become better wives and mothers. This was demonstrated through programs offered at the prison, one being a parenting class offered to the inmates. Joseph's storage bin continued to be a ministry to assist people with clothing, household items and furniture at nominal prices. Ministry programs were conducted at four job corps throughout the state. The job corp ministry continues to be a major focus of hr ministries by ministering to students through encouragement, bible study and self improvement. Tutoring is offered at four job corps campuses and is supplemented with weekly bible studies and worship services.

Operating model

Revenue model
Donor-supported. 82% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 92
  • Accountability: 63
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.7%; rating input score 95
  • Program expense ratio: 97.6%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.1%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 5.2%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 12.5% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 9.5% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 16% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 94.7% of revenue deployed · 97.6% of spending went to programs
  • Governance: 6 of 6 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $825K in reported program spending
  • Leadership: top reported pay $44K · 4 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Accountability: Governance controls: 6 of 7 not reported.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.