Lubbock Rays of Hope

Nonprofit profile at a glance

EIN
752738968
IRS 990-EZ coverage
2010–2019
Forms available
Form 990-EZ 2019
Location
Lubbock, TX, USA
Phone
8063683880
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Protestant
Affiliation
Christianity

Official website

Reported finances

Revenue
$12,938
Expenses
$16,739
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • SHARON BINGHAM (President)
  • CARROLL LOCKETT (Vice President)

People named in this filing

  • PATTI D CHRIESTENSON (Secretary/Treas)
  • PATRICIA G STANTON (Director)
  • MICHAEL BINGHAM (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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Lubbock Rays of Hope was formed as an evangelistic organization to spread the Gospel of Jesus Christ through the means of teaching and instruction, community outreach meetings, radio and internet ministry, and mission outreaches to both children and adults.

What it reported doing in 2019

International children/adult mission outreach

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

MIXED - The filed numbers largely add up. 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: 2
  • Transparency & Controls: 100
  • Sustainability: 9
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 2.3%; rating input score 2
  • Program expense ratio: 1.8%; rating input score 2

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: -29.4%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 50.2%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -33.8% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -13.6% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: -7.6% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 2.3% of revenue deployed · 1.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $301 in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 8 filing years from 2010 to 2019
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • High — Financial Efficiency: Mission deployment rate scored 2/100.
  • High — Financial Efficiency: Program expense ratio scored 2/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.