Just Believe Ministries Inc
Nonprofit profile at a glance
- EIN
- 541786683
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025
- Location
- New Haven, IN, USA
- Phone
- 2607484317
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $64,446
- Expenses
- $62,615
- Assets
- $22,947
- Liabilities
- $2,962
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- DAVID K WADE (PRESIDENT)
People named in this filing
- DAVID K WADE (PRESIDENT)
- JANELLE M WADE (SEC/TREASURE)
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
Our primary mission is to spread and cultivate the gospel. We instruct people to live godly and moral lives
What it reported doing in 2025
Provided and promoted opportunities for people of all ages and race to hear and participate in the gospel realizing the impact of living a godly and moral life.
Operating model
- Revenue model
- Donor-supported. 100% 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. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.3%; rating input score 92
- Program expense ratio: 94.9%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.8%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -3.9% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: 0% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 58.6% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 92.3% of revenue deployed · 94.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $59K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- 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.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.