Overseed Incorporated

Nonprofit profile at a glance

EIN
262974975
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2017
Location
South Easton, MA, USA
Phone
9784329022
Rating
57
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations
Affiliation
Christianity

Reported finances

Revenue
$492,972
Expenses
$475,957
Assets
$235,453
Liabilities
$31,128

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

Leadership & pay

11 people listed

Executive titles in this filing

  • JAMES HARRELL (PRESIDENT)

Highest reported compensation

  • JAMES HARRELL (PRESIDENT): $153,502 total reported compensation
  • SHARON HARRELL (TREASURER): $34,900 total reported compensation
  • JACK DANIEL (FIELD DIRECTOR): $15,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Overseed coaches pastors in new england through the challenging revitalization process, so they can successfully lead their church to health and reach their community christ.

What it reported doing in 2024

Recruiting, encouraging and developing of 21 overseed pastor coaches. This includes one annual coaches conference, six monthly coaching calls and twenty individual meetings with coaches and potential coaches. Overseed coaches coach pastors in new englandt hrough the challenging revitalization process, so they can successfully lead their church to health and reach their community for christ.

Operating model

Revenue model
Donor-supported. 99% 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

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 65
  • Accountability: 62
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.7%; rating input score 49
  • Program expense ratio: 49.8%; rating input score 50
  • Fundraising efficiency: $6.87 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 25th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.5%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 42.7%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 21.1% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 16.9% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 19.4% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 48.7% of revenue deployed · 49.8% of spending went to programs
  • Governance: 10 of 11 board members independent · 2 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $237K in reported program spending
  • Leadership: top reported pay $154K · 11 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 4 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 49/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 50/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 29/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.