No Greater Joy Ministries
Legal name: No Greater Joy Ministries Inc
Nonprofit profile at a glance
- EIN
- 621855964
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Pleasantville, TN, USA
- Phone
- 9315933115
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Interfaith Coalitions
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,528,610
- Expenses
- $1,320,592
- Assets
- $1,170,292
- Liabilities
- $56,596
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- MICHAEL PEARL (PRESIDENT/CEO)
- DEBORAH PEARL (VICE PRESIDENT)
Highest reported compensation
- MICHAEL PEARL (PRESIDENT/CEO): $69,221 total reported compensation
- ADAM BARBER (DIRECTOR): $52,200 total reported compensation
- JOHN GRIMES (DIRECTOR): $32,090 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Michael Pearl and Debi Pearl were both raised in Memphis, Tennessee, in good homes, by parents who were faithful to point them to God. Mike, a graduate of Mid-South Bible College in Memphis, has been active in evangelism and the work of the ministry since he was a teenager. He worked with Union Mission in Memphis for 25 years, while he and Debi also ministered to the many military families in Memphis and pastored churches. They moved to rural Tennessee where they continued in the work by holding Bible studies in local homes, which eventually led to regular meetings of the local body of believers, and by starting the prison ministry. God eventually led them into the ministry of writing on chi.
What it reported doing in 2024
Foreign and home missionaries in cambodia, thailand, laos, ukraine, south korea, and other locations, community aid, and prison ministry provide support to organizations that assist substance abuse clients, legal aid, and local church organizations.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 96% 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. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 90
- Accountability: 58
- Sustainability: 53
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.2%; rating input score 83
- Program expense ratio: 80%; rating input score 80
- Fundraising efficiency: $31.53 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
- Pay-setting controls: Limited
- 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: 55.6%; rating input score 56; 12th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.6%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 11.6%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 15th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: 83.2% of revenue deployed · 80% of spending went to programs
- Governance: 5 of 9 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $1.1M in reported program spending
- Leadership: top reported pay $69K · 9 people listed
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 13 filing years from 2012 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.
- Review — Accountability: Independent voting board scored 56/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.