Kendrick Ministries Inc
Nonprofit profile at a glance
- EIN
- 311522478
- IRS 990 coverage
- 2021–2025
- Forms available
- Form 990 2025, Form 990-PF 2019
- Location
- Laurel, MS, USA
- Phone
- 6014989071
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
- Affiliation
- Christianity
Reported finances
- Revenue
- $429,306
- Expenses
- $298,045
- Assets
- $533,549
- Liabilities
- $28,792
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- BOB M KENDRICK (PRESIDENT)
Highest reported compensation
- BOB M KENDRICK (PRESIDENT): $70,985 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create vital ministries of christian witness by means of preaching ministry, a printed ministry, a radio ministry, construction of indigenous churches, winning souls to a saving knowledge of jesus christ.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 75
- Accountability: 74
- Sustainability: 60
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.1%; rating input score 66
- Program expense ratio: 93.6%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 81st 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; 64th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 30.6%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.79; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 23.8%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: -22.7% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -5.6% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -4.5% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 66.1% of revenue deployed · 93.6% of spending went to programs
- Governance: 3 of 3 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $279K in reported program spending
- Leadership: top reported pay $71K · 3 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 5 filing years from 2021 to 2025
- 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 — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.