Kerusso Foundation Inc

Nonprofit profile at a glance

EIN
261968833
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025, Form 990-N 2009
Location
Sherman, TX, USA
Phone
4693076167
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Christianity

Official website

Reported finances

Revenue
$108,305
Expenses
$78,413
Assets
$33,100

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Billy J Clark (Executive Director)

People named in this filing

  • Max Premson (Chiarman)
  • Jason Bobbitt (Board of Directors)
  • Billy J Clark (Executive 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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kerusso's primary purpose is to develop, implement, and train leadership programs for Christian based organization who operate in emerging countries. The organization supports projects in different countries including India, and Brazil providing financial support for leadership development programs.

What it reported doing in 2025

The organization partnered with ministry and nonprofit leadership teams to strengthen leadership discipline through structured strategic planning, mentoring, and grant funded consulting. During the year, a leadership diagnostic identified organizational discipline as the primary growth area, and a core planning team enrolled in the LAB Strategic Planning Course to develop a comprehensive strategic plan for implementation. The organization also launched a mentoring program using the LAB Learning Process that provided coaching, accountability, and hands on leadership development for emerging leaders, while grants supported partner organizations with training, consulting, and implementation. These activities benefited ministry and nonprofit leadership teams, partner organizations, and local church leaders in the United States and internationally.

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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.7%; rating input score 53
  • Program expense ratio: 72.8%; rating input score 73

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: 27.6%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -4.7% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -1.6% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -2.7% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 52.7% of revenue deployed · 72.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $57K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 53/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Growth: Asset growth scored 0/100.