Jefferson Street Baptist Center Inc
Nonprofit profile at a glance
- EIN
- 611328488
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Louisville, KY, USA
- Phone
- 5025846543
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Protestant
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,075,421
- Expenses
- $958,467
- Assets
- $7,488,117
- Liabilities
- $49,645
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- KYLE NOLTEMEYER (PRESIDENT)
- KEN VICKERY (VICE PRESIDENT)
- ANDREW CRAWFORD (EXECUTIVE DIRECTOR)
- CORY BLEDSOE (EXECUTIVE DIRECTOR)
Highest reported compensation
- ANDREW CRAWFORD (EXECUTIVE DIRECTOR): $77,506 total reported compensation
- CORY BLEDSOE (EXECUTIVE DIRECTOR): $18,050 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Re: center ministries reconciles homeless and hurting people to god, family and community by the power of christ in partnership with the local church.
What it reported doing in 2024
Lifechange - (1) recovery - the organization provides transitional recovery services for adult men who are attempting to address problematic issues in their lives which have prohibited self-sufficiency and independence. The lifechange: recovery program phase is a dorm-style 3-6 month program phase where men participate in intensive biblical counseling, case management, workforce development/training and christian discipleship classes. Upon completion of lifechange: recovery men either transition to independent living or enter lifechange: transitions. (2) transitions - the organization offers 11-efficiency apartments for men experiencing homelessness who have pressing issues prohibiting independent living. These pressing issues may be drug/alcohol addiction, disabling condition(s) and/or other factors contributing to homelessness. Residents continue to participate in counseling/case management but are now employed or have established stable income and are preparing for their next step toward their maximum level of independence. Residents ideally transition to further independence after no more than 12-months but can be evaluated and allowed to reside longer, if necessary.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 86% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 82
- Accountability: 100
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.8%; rating input score 66
- Program expense ratio: 72.6%; rating input score 73
- Fundraising efficiency: $11.22 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 26th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 67.3%; rating input score 67; 32nd percentile among comparable filings
- 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: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 10.9%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 7.81; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 10%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 11% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 14.2% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 65.8% of revenue deployed · 72.6% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $696K in reported program spending
- Leadership: top reported pay $78K · 13 people listed
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.