Meachum School of Haymanot
Nonprofit profile at a glance
- EIN
- 825155134
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2020
- Location
- St Louis, MO, USA
- Phone
- 3148285009
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Specialized Education Institutions
- Affiliation
- Christianity
Reported finances
- Revenue
- $79,100
- Expenses
- $50,565
- Assets
- $49,083
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Tyran Laws (President)
People named in this filing
- Tyran Laws (President)
- Carrie Burgett (Admin)
- Cleotha Robertson (Board Member)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Meachum Theological Institute exists to bring biblical, graduate-level theological education to Black communities in a contextualized and affordable manner. Meachum is committed to theological education that is biblical, contextual and accessible: biblical as rooted in the Gospel, the sole lordship of the risen Jesus Christ and the authority of Scripture; contextual as having indigenous leadership and deploying contextualized pedagogical methods and content arising from the Black and other diverse traditions; and accessible as offering theological education at an affordable cost located in under-resourced communities.
What it reported doing in 2023
We are a school committed to provided accessible and affordable theological education to people in marginalized communities who might not have the opportunity to attend school. Donations received have allowed us to maintain these commitments and have professors who are dedicated to the mission and the students continue to teach.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 0
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 36.1%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 39.6%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
- Revenue growth: 70.2% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 82% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Officer compensation ratio scored 4/100.