Jay Stone Singers Inc
Nonprofit profile at a glance
- EIN
- 562252828
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2010, Form 990-EZ 2024
- Location
- Fayetteville, NC, USA
- Phone
- 9108522319
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $65,489
- Expenses
- $58,528
- Assets
- $10,255
- Liabilities
- $10,944
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- SHARONA S CARTER (PRESIDENT)
- ROBERT S CARTER JR (VICE PRESIDENT)
People named in this filing
- SHARONA S CARTER (PRESIDENT)
- EMMA C DAVIS (SECRETARY)
- ROBERT S CARTER JR (VICE PRESIDENT)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Preach and sing the gospel of jesus chri
What it reported doing in 2024
Sing and minister to bring the good news of the gospel of jesus christ to nearly 50 venues including churches and gospel music events
Operating model
- Revenue model
- Donor-supported. 94% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.4%; rating input score 89
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.6%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 1.07; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 29%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 11.9% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: -24.7% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 89.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $59K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 15/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 6/100.