Jimmy Larche Ministries
Nonprofit profile at a glance
- EIN
- 650522007
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Cleveland, TN, USA
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $127,368
- Expenses
- $132,149
- Assets
- $18,207
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Timothy J Larche (President)
People named in this filing
- Timothy J Larche (President)
- Cindy Larche (Secretary)
- Marjorie Perez (Registered Agent)
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
Provide ministerial and missionary services to at-risk youth and families
What it reported doing in 2024
Provided ministerial and missionary services to youth and families including but not limited to youth development initiatives such as sports programs mentoring and tutoring as well as care programs supplying food clothing and other holistic aid for families facing domestic hardship. 3100 persons benefited
Operating model
- Revenue model
- Donor-supported. 91% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 18
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.2%; rating input score 96
- Program expense ratio: 92.7%; rating input score 93
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: -3.8%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 10%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 10.6% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: -34.6% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 96.2% of revenue deployed · 92.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $123K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- 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 24/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 21/100.