Opal Ministries Inc
Nonprofit profile at a glance
- EIN
- 455613779
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Newnan, GA, USA
- Phone
- 4047137582
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $74,664
- Expenses
- $39,070
- Assets
- $68,054
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JOEL HERNANDEZ (CEO)
People named in this filing
- JOEL HERNANDEZ (CEO)
- ANGELA LEWIS (CFO)
- NEVILLE GOODHEW (SECRETARY)
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
Serving churches and christian leaders in the majority world by equipping them with affordable bibles and quality evangelical literture.
What it reported doing in 2024
Opal's book knowing the good news has been translated into arabic and was available at the cairo international book fair in egypt. Opal's most recent book the african christian family was published which gives wise pastoral advice to the realities of a christian family life in africa. Recently partnered with hope for tanzania to supply 700 bibles in swahili to a group of local churches in that area. Three thousand books were shipped to three bible institutes in india. Opal's book suffering for christ has now been translated into the bengali language. Books were recently sent to assist everest theological institute in nepal to facilitate the courses they run. A short gospel tract far from home has been translated into arabic and farsi languages to those who have been displaced from their homes across the world that speack these languages. Opal's latest book does god promise me health, wealth and happiness has now been releaseed.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 100
- Sustainability: 67
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.3%; rating input score 52
- Program expense ratio: 100%; rating input score 100
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: 47.7%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 1.74; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -17.4% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: 11.2% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 70.8% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 52.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $39K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 52/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.