Mtf Fund

Nonprofit profile at a glance

EIN
831910872
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Overland Park, KS, USA
Phone
8005835240
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support
Affiliation
Christianity

Reported finances

Revenue
$598,636
Expenses
$7,266,530
Assets
$29,249,246
Liabilities
$285,434

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

Leadership & pay

13 people listed

Executive titles in this filing

  • MATTHEW RUSTEN (PRESIDENT)

Highest reported compensation

  • MATTHEW RUSTEN (PRESIDENT): $246,334 total reported compensation
  • ERIC JIMENEZ (VP OF MARKETING): $173,606 total reported compensation
  • JUSTIN MERTES (DIR PROGRAM ENGAGEMENT): $149,187 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's purposes are exclusively charitable, religious, and educational purposes within the meaning of code section 501 (c) (3), and specifically within those purposes to operate as a supporting organization described in code section 509 (a) (3), exclusively for the benefit of, to perform the functions of, or to carry out the purposes of made to flourish, inc., a Kansas not-for-profit corporation described in code section 501 (c) (3) and a public charity described in code section 509 (a) (1) or 509 (a) (2), for so long as made to flourish shall be in existence and so described. The purpose of made to flourish is to equip pastors and churches to integrate faith, work, and economic wisdom for the flourishing of their communities. The organization supports activities and events related to training and equipping pastors to integrate faith, work, and economic wisdom for the flourishing of their communities.

What it reported doing in 2024

The organization supports activities and events related to training and equipping pastors to integrate faith, work, and economic wisdom for the flourishing of their communities. The organization supports a network of churches across the country who are starting pastoral residency programs. These programs, modeled after a hospital or medical residency, take recent graduates of seminary through a two to three year employment experience with intentional mentoring. To date, 78 churches have started residencies supported by made to flourish and have received start up grants to begin their programs.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 51% for direct work, and 49% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 77.7%; rating input score 78
  • Fundraising efficiency: $0.45 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th 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; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1,113.8%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 4.03; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 12.2%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 3.2% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: 20.5% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 37.5% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 77.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $5.6M in reported program spending
  • Leadership: top reported pay $246K · 13 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 60 filed money-flow records
  • Related organizations: 55 filed related-organization links
  • 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: Fundraising efficiency scored 2/100.
  • High — Sustainability: Operating margin scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.