Mustard Seed Ministry Inc

Nonprofit profile at a glance

EIN
205149710
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Surprise, AZ, USA
Phone
6235830311
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Homeless Shelters
Affiliation
Christianity

Reported finances

Revenue
$193,263
Expenses
$143,269
Assets
$1,521,821
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • VALENTINE TERRONES (PRESIDENT/TREAS)

People named in this filing

  • SHERRY LOPEZ (Secretary)
  • VALENTINE TERRONES (PRESIDENT/TREAS)
  • ANNA GARCIA (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To operate as a shelter, soup kitchen and outreach to provide and feed those that are hungry both spiritually and physically with food and religious communion. To provide temporary shelter to individuals and families free from addiction to provide a house of worship for those that seek salvation.

What it reported doing in 2024

Church building functions as any other church does as to preach the word of god and to offer a place of faith and hope to all those in the community. A place to offer guidance for staying in the shelter services, or those that seek salvation.church building faith outreach provides rental income to the filing organization by leasing the building to another tax exempt organization that utilizes the facility to further its tax exempt purpose, while the filing organization allocates the revenue from the lease to maintain the building and grounds of the church building. The leasee also pays 50% of the incurred utility cost regarding the church building. All income earned from the lease and reimbursement of utilities are made available to the administrative account to help with the phase 1 and phase 2 construction costs. The listed expenses does not deplict the amount paid by the leasee as the leasee only provides for utilities and not all expenses incurred by the church building. The revenue listed is for a 12 month period starting jan until dec although the lease runs sept to aug.

Operating model

Revenue model
Earned-program. 90% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.

The verdict

MIXED - A large share of available resources goes toward mission work and program spending has grown recently. A relatively small share of voting board members are independent and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 59
  • Accountability: 6
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.1%; rating input score 66
  • Program expense ratio: 89.1%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 19th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • 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: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 25.9%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 10.62; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 54.9% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 26.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 10.7% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 66.1% of revenue deployed · 89.1% of spending went to programs
  • Governance: 0 of 5 board members independent · 1 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $128K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 14 of 16 current checks pass · 2 findings to review
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 5 filing years from 2019 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.