Interfaith Mission Inc

Nonprofit profile at a glance

EIN
352071824
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Columbia City, IN, USA
Phone
2602445266
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Homeless Shelters
Affiliation
Interfaith

Official website

Reported finances

Revenue
$4,312,507
Expenses
$937,845
Assets
$6,191,510
Liabilities
$570,303

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

Leadership & pay

13 people listed

People named in this filing

  • MATT SHIPMAN (CHAIR)
  • TODD JONES (VICE CHAIR)
  • CASSANDRA BUMBAUGH (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide shelter to the homeless, to assist them in obtaining and keeping a job, to provide classes on budgeting, self-sufficiency, nutrition, parenting, and self-esteem to enable clients to become fully functioning member of the community once again.

What it reported doing in 2024

Miami village community center (preventative outreach program): the miami village community center is an after-school/out-of-school program for at- risk youth living in the miami village mobile home park. Children receive social and emotional learning, academic assistance, developmental skills, therapeutic interventions, individual therapy, snacks and meals, and assistance to ensure immediate needs are met. In 2024, (47) children were served through the after-school programming. In 2024, (0) families received emergency assistance; within the (20) families served, there were (42) adults and (49) children; a total of (91) individuals were served through mvcc.

Operating model

Revenue model
Donor-supported. 97% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 89
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 16.3%; rating input score 16
  • Program expense ratio: 73.4%; rating input score 73
  • Fundraising efficiency: $48.74 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 78.3%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 6.6; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 60; 60th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 21.3% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 43.1% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 40.4% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 16.3% of revenue deployed · 73.4% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $688K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Financial Efficiency: Mission deployment rate scored 16/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.