Kingdom First Ministries

Nonprofit profile at a glance

EIN
201282840
IRS 990-EZ coverage
2014–2018
Forms available
Form 990-EZ 2018
Location
Menlo Park, CA, USA
Phone
6509067272
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Protestant
Affiliation
Christianity

Official website

Reported finances

Revenue
$100,822
Expenses
$141,304
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • STEVE STENSTROM (PRES & CHAIR)
  • LORI STENSTROM (SECRETARY)
  • WES BOLSEN (DIRECTOR/TRE)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

2nd mile exists to bless deserving members of the community with life- changing home/school makeovers. We delight in being the vehicle through which god meets the needs of families and organizations who have, in turn, given so generously of their time to others. We were founded in 2003 and spent 10 years doing projects in low-income areas in the san francisco bay area. In 2013, 2nd mile re-located to the denver metro area where we are now loving on and serving the great people in the state of Colorado.

What it reported doing in 2018

After a successful year in 2017, the organization embarked on and executed two great projects in 2018. During the spring months and culminating over a weekend with a couple hundred volunteers in may, we were able to bless the glover family with a comprehensive home and landscape renovation and redecorating. Similarly, the principle of ambleside elementary and his family were the recipients of a complete home project in the fall months. Faced with a challenging medical situation with their young daughter, 2ndmile was able to be a tangible expression of gods love for their family both inside and outside their home to make life a little easier and more suitable for her condition that keeps her in a wheelchair permanently. We are truly grateful for the tremendous amount of time, money and support offered by the 2ndmile community to help others this past year.

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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 2
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81%; rating input score 81

Transparency & Controls

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

Sustainability

  • Operating margin: -40.2%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 43.9%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -2.7% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: 11.1% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: -13.6% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $114K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2014 to 2018
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.