Incarnation Ministries Corp
Nonprofit profile at a glance
- EIN
- 880954345
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Middletown, DE, USA
- Phone
- 6046643723
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $138,400
- Expenses
- $153,952
- Assets
- $38,802
- Liabilities
- $102,462
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Emily Crase (President & Executive Director)
People named in this filing
- Emily Crase (President & Executive Director)
- Michael Boldt (Director)
- Greg Pennoyer (Director)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To assist and promote the revelation of the Holy Trinity through the creative arts and culture in all nations.
What it reported doing in 2025
Fund Signpost Music and Steve Bell, a Christian musician who tours throughout North America for (i) the recording and production of music; (ii) touring in important but unprofitable locations;(iii) devotional book writing (iv) preparing and attending as keynote speaker at retreats
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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.8%; rating input score 91
- Program expense ratio: 81.6%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -11.2%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 2.64; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 7.5% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 33.8% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 90.8% of revenue deployed · 81.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $126K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- 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 — Sustainability: Operating margin scored 12/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.