Julie Meyer Ministries

Nonprofit profile at a glance

EIN: 471428581
IRS 990-EZ coverage: 2014–2023
Forms available: Form 990-EZ 2023
Location: Nipomo, CA, USA
Phone: 8166940435
Rating: 80
Verdict: STRONG
Rating confidence: Moderate
Sector: Christianity
Affiliation: Christianity

Reported finances

Revenue: $97,031
Expenses: $115,165
Assets: $9,569
Liabilities: $72,157

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

WALT MEYER (VICE PRESIDENT)
JULIE MEYER (PRESIDENT)

People named in this filing

WALT MEYER (VICE PRESIDENT)
JULIE MEYER (PRESIDENT)
DR JEFFREY EARL (DIRECTOR)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To teach, equip, and release god's people into areas of music songwriting, and worship to glorify god and to proclaim the gospel of jesus christ throughout the world.

What it reported doing in 2023

The organization accomplishes its mission through conducting of seminars and trainings and through the production of worship music.

Operating model

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model: Direct operator. The filing allocates 91% 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. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 87
Transparency & Controls: 82
Sustainability: 16
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 92.6%; rating input score 93
Program expense ratio: 78%; rating input score 78

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -18.7%; rating input score 25; 25th percentile among comparable filings
Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
Liabilities to assets ratio: 7.54; rating input score 1; 1st percentile among comparable filings
Officer compensation ratio: 15.5%; rating input score 9; 9th percentile among comparable filings

Growth

Program expense growth: -1.8% per year; rating input score 0; 44th percentile among comparable filings
Revenue growth: 1.5% per year; rating input score 100; 60th percentile among comparable filings
Asset growth: 6.9% per year; rating input score 100; 64th percentile among comparable filings

Details

Where the money goes: 92.6% of revenue deployed · 78% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $90K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 9 of 9 current checks pass
Schedules: 2 filed schedules
Filing history: 9 filing years from 2014 to 2023
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 — Growth: Program expense growth scored 0/100.
High — Sustainability: Operating margin scored 25/100.
High — Sustainability: Total-asset coverage ratio scored 10/100.
High — Sustainability: Liabilities to assets ratio scored 1/100.
High — Sustainability: Officer compensation ratio scored 9/100.