Lagniappe Ministries

Nonprofit profile at a glance

EIN
923147758
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Sheridan, WY, USA
Phone
3074292493
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Job Training

Official website

Reported finances

Revenue
$164,334
Expenses
$121,749
Assets
$88,407
Liabilities
$796

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • BRIANNE MARTIN (DIRECTOR)
  • MARK LAW (TREASURER)
  • KAITLIN SHELLENBERGER (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Equipts low-income parents for living wage employment through paid, mentored training, financial education, and spiritual formation. In fy2024/25, all trainees secured full-time benefited employment in the local community. Participants also served the community through projects such as creating belonging bags for foster children and serving in the community garden.

What it reported doing in 2024

Serve local vulnerable families by harnessing the skills and talents of the local church to equip low-income parents for living wage employment.

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 program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 100
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47%; rating input score 47
  • Program expense ratio: 63.4%; rating input score 63

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: 25.9%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 26.5%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 22.3% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 34.2% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 63.3% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 47% of revenue deployed · 63.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $77K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.