Omnibus Media Ministries Inc

Nonprofit profile at a glance

EIN
825297940
IRS 990 coverage
2019–2020
Forms available
Form 990 2020, Form 990-EZ 2018
Location
Indian Land, SC, USA
Phone
9802922984
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$218,329
Expenses
$256,438
Assets
$231,448
Liabilities
$36,198

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • KEN BOA (PRESIDENT)

Highest reported compensation

  • MICHAEL STEWART (VP, SECRETAR): $53,415 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to generate transformative media to encourage global audiences to think, live, and act as they really are in christ. Our vision is to multiply disciples who invest the word of god into the lives of others. Omnibus accomplishes its mission by providing media that invite others to experience truth, goodness, and beauty as revealed in scripture and creation. We focus primarily on digital media: a. Designing and distributing apps and app platforms b. Operating websites (writing, editing, promoting content) c. Creating and distributing discipleship curriculum d. Creating and distributing other digital media such as audiobooks and ebooks.

What it reported doing in 2020

Designing and distributing apps. Omnibus media ministries has helped design two apps, the pray today app, and the presence app.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
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

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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 92
  • Accountability: 55
  • Sustainability: 23
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.4%; rating input score 89
  • Program expense ratio: 76.1%; rating input score 76
  • Fundraising efficiency: $8.53 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 17th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -17.5%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.9; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 20.8%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: -23.4% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 66.3% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 89.4% of revenue deployed · 76.1% of spending went to programs
  • Governance: 2 of 3 board members independent · 3 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $195K in reported program spending
  • Leadership: top reported pay $53K · 4 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Money network: 2 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.

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

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 29/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.