Ltf Ministries Inc
Nonprofit profile at a glance
- EIN
- 263482730
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024, Form 990-N 2014
- Location
- Surprise, AZ, USA
- Phone
- 3176449575
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Support N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $56,282
- Expenses
- $75,172
- Assets
- $23,334
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Jack Welch (Vice President)
People named in this filing
- Jack Welch (Vice President)
- Laura Kaino (Secretary)
- MICHAEL WILSON (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of LTF Ministries is to create opportunities for individuals, ministries and churches to grow in their relationships with Jesus Christ - initially through extended seasons of worship and prayer, but gradually including opportunities to bring training and equipping through gatherings that are hosted by LTF or in which LTF has been invited to participate. Ultimately, it is the vision of LTF to help mobilize and launch individuals, ministries and churches in the areas of prayer, discipleship, and outreach to make a difference in the communities in which they live.
What it reported doing in 2024
We have 3 meetings a week. Tuesday night prayer 5-7 pm, Thursday Night is ourTraining night, we pray together from 5-6 pm, food and fellowship 6-6:45 pm Worship afterwards, then we have a teaching series for an hour. We brought in 3 guest speakers in 2022, had Roberts Liardon for a 2 day conference and we had Pasqual Urrabazo and his wife Norma for a 2 day conference and we had Beeca Greenwood and Jareb Nott in for a 2 day conference.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for grants.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 30
- Transparency & Controls: 100
- Sustainability: 16
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 32.8%; rating input score 33
- Program expense ratio: 24.5%; rating input score 25
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: -33.6%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 8.6%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -1.7% per year; rating input score 0; 43rd percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 8% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 32.8% of revenue deployed · 24.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $18K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 10/100.