Know the Covering Inc
Nonprofit profile at a glance
- EIN
- 455432350
- IRS 990-EZ coverage
- 2015–2016
- Forms available
- Form 990-EZ 2016, Form 990-N 2014
- Location
- Rapid City, SD, USA
- Phone
- 6053906200
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $135,179
- Expenses
- $127,009
- Assets
- $24,680
- Liabilities
- $4,030
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- CLIFF GRAHAM (PRESIDENT)
- NICHOLAS EWING (VICE-PRESIDENT)
- MICHAEL ALTSTIEL (EXECUTIVE DIRECTOR)
People named in this filing
- CLIFF GRAHAM (PRESIDENT)
- NICHOLAS EWING (VICE-PRESIDENT)
- LEE REMPEL (SECRETARY)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To awaken the hearts of men to fierce dependency on christ; believing that this dependency yields warriors who are inspirational; husbands, father, brothers, sons, friends, coworker, neighbors, leaders, soldiers, and many others; and to do and engage in all lawful activities that are in furtherance of one or more of the foregoing purposes.
What it reported doing in 2016
Know the covering attends various ministry activities throughout the year. During 2016, the organization attended 16 conferences that attributed to over 50 days of discipleship activities (some conferences were for multiple days). The organization also provided small group studies and classes weekly through march, april, october, november and december 2016. Our discipleship and counseling activities also provided 182 recorded hours to those we serve. The organization also focuses on human trafficking awareness and prevention and participated in trainings and awareness meetings throughout the year.
Operating model
- Revenue model
- Donor-supported. 96% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.4%; rating input score 90
- Program expense ratio: 96.2%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 6%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 56%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -1.3% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: 17.1% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 57.7% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 90.4% of revenue deployed · 96.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $122K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2015 to 2016
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Operating margin scored 53/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.