Mt28 Inc

Nonprofit profile at a glance

EIN
270170851
IRS 990 coverage
2012–2025
Forms available
Form 990 2025, Form 990-EZ 2021, Form 990-N 2011
Location
Austin, TX, USA
Phone
5123004110
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Protestant
Affiliation
Christianity

Official website

Reported finances

Revenue
$256,860
Expenses
$255,771
Assets
$80,110
Liabilities
$92

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Gregory E Riggs (Director / Board Secretary / Chief Executive Officer)

People named in this filing

  • Laura Hitt (Director / Board of Directors Chairperson)
  • Gregory E Riggs (Director / Board Secretary / Chief Executive Officer)
  • Mark Hall (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purposes for which MT28, Inc is organized are exclusively for religious, charitable, and educational purposes within the meaning of the Internal Revenue Service Code, Section 501(c)(3), and the Texas Tax Code, Section 11.18, and consist of the following: (1) To develop Christlike disciples who can disciple others in order to impact the student community and the world with the light and love of Jesus Christ; (2) To provide home-based environments in which students can experience true Christian community of love, service, and support; (3) To support, financially and in other ways, the ongoing work of the Church overseas; and (4) To support or conduct any other religious, charitable or educational functions within the meaning of the Internal Revenue Service Code, Section 501(c)(3), and the Texas Tax Code, Section 11.18. There are two primary areas of program service: Gospel in Turkey and Refugee Relief. College Ministry/Discipleship is an additional ad hoc program service.

What it reported doing in 2025

REFUGEE RELIEF. MT28 Inc provides a broad range of refugee relief in several areas of Turkey. Recipients still include displaced families and individuals from Iraq and Syria as a result of armed conflict plus Afghans who fled the Taliban. Additionally, there is a continuous influx of political and religious refugees from Iran, Iraq, Afghanistan, Azerbaijan, & Syria. They are asylum seekers registered with the United Nations for relocation to other countries, but while they wait, they have very few resources and minimal opportunities to support themselves or their families. MT28 Inc provides funds for food cards, medicines, baby supplies, mattresses, blankets, and heating stoves and coal to help them survive the cold winter months in most of Turkey. Additionally, MT28 Inc provides funds for back-to-school materials, uniforms, shoes, and winter coats for children of refugees. MT28 assisted approximately 2000 people in over 350 families through 10 strategic locations in the Black Sea region. All assistance is provided with no strings attached; however, through this effort, and with the gospel materials provided, many have experienced genuine caring, and have accepted the Christian faith. Many of the war victims were so traumatized by the brutality of radical Muslims that they were fearful of everyone but the few local Christians who were able to minister to them.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 74
  • Accountability: 70
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99%; rating input score 99
  • Program expense ratio: 99.4%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 20th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 98.7%; rating input score 99; 60th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.4%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 9.9% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 99% of revenue deployed · 99.4% of spending went to programs
  • Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $254K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 18 of 19 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors and foreign activity
  • Filing history: 6 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.