Ministerial Association of Woodford County Inc

Nonprofit profile at a glance

EIN
611264370
IRS 990-EZ coverage
2012–2024
Forms available
Form 990 2015, Form 990-EZ 2024
Location
Versailles, KY, USA
Phone
8598739737
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion
Affiliation
Christianity

Reported finances

Revenue
$13,585
Expenses
$13,373
Assets
$17,395

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Tony Hardin (President & CEO)

People named in this filing

  • Bobby Cairell (Director)
  • Kim Boyd (Treasurer)
  • Tony Hardin (President & CEO)

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

Primary exempt purpose - an intra-church organization dedicated to providing both spiritual and material assistance to individuals in need.

What it reported doing in 2024

The General Fund pays administrative expenses of the Association and distributes funding to help those in need in the community. The Association works in conjunction with Blue Grass Community Partners to identify needs.

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
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 - 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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 46
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.5%; rating input score 84
  • Program expense ratio: 84.8%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 1.6%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 1.3; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -14.6% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: -23.2% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -19.8% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 83.5% of revenue deployed · 84.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.