Network 220 Inc
Nonprofit profile at a glance
- EIN
- 161630520
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Plano, TX, USA
- Phone
- 9729414442
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $38,464
- Expenses
- $38,692
- Assets
- $7,949
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Andrew Farley (President)
- Tim Chalas (Vice President)
People named in this filing
- Andrew Farley (President)
- Tim Chalas (Vice President)
- Ralph Harris (Chairman)
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
Network 220 is an association of member ministries which consists of more than 110 churches, counseling ministries, and training ministries throughout the United States and beyond. Each member ministry is unique, with many offering discipleship, counseling, training, and various conferences and seminars designed to build you up in the life-changing message of the New Covenant gospel.
What it reported doing in 2024
Convention 220: Annual convention to members and the public with over 300 in attendance. Convention has a theme with 3 days of speakers and breakout sessions of workshop speakers. This is a great event for our member to connect with other members and share ministry information. The convention is designed to encourage those in attendance with the life-changing message of our new identity in Christ.
Operating model
- Revenue model
- Earned-program. 65% of the money available for current operations came from fees and other program revenue.
- 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
MIXED - The filed numbers largely add up. 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: 35
- Transparency & Controls: 100
- Sustainability: 33
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35%; rating input score 35
- Program expense ratio: 34.8%; rating input score 35
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -0.6%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 53.6%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -62.7% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -23.1% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: -35.8% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 35% of revenue deployed · 34.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.