Ip Ministries Inc
Nonprofit profile at a glance
- EIN
- 834454551
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Madison, WI, USA
- Phone
- 6083477999
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $99,604
- Expenses
- $86,978
- Assets
- $13,117
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Catrina Sparkman (Artistic Director)
- Wes Sparkman (Board Chair)
- Renita Sims (Board Secretary)
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 transform lives through creative arts.
What it reported doing in 2025
Memory Collector's is a program for BIPOC Women focusing on the prevention of cognitive related disease. Women learn quilting and story telling skills. Also, heart and brain healthy meals provided. In 2025, the participants travelled to the Airing of the Quilts in Gee's Bend.
Operating model
- Revenue model
- Earned-program. 66% of the money available for current operations came from fees and other program revenue.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.3%; rating input score 63
- Program expense ratio: 72.5%; rating input score 73
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: 12.7%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 3.8%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 34.2% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 45.8% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 56% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 63.3% of revenue deployed · 72.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $63K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 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: Total-asset coverage ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 11/100.