Peletah Ministries
Nonprofit profile at a glance
- EIN
- 611662965
- IRS 990-EZ coverage
- 2015–2015
- Forms available
- Form 990-EZ 2015, Form 990-N 2014
- Location
- New Bern, NC, USA
- Phone
- 2526331624
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $115,467
- Expenses
- $101,543
- Assets
- $39,811
- Liabilities
- $25,883
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Anthony Gibson (Board Chairman)
- Dawn Baldwin Gibson (Board Vice Chairman)
- Theodore Lee (Board Treasurer)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Peletah Mission Statement is to transform lives, strengthen families, and intentionally impact communities through Jesus Christ. We did this in 2015 by providing food distributions to poor communities and providing children literacy programs in underserved communities. We hosted a racial reconciliation conference to bring races together in peaceful communication exchanges. We also hosted health programs that helped those that had health challenges to become healthier through education programs and distributing healthy foods. We also focused our food outreach to senior citizens that were in need of food and were unable to afford groceries.
What it reported doing in 2015
Ood Distribution is one of our largest programs at Peletah. We served nearly 8,000 people during this year. These weekly distributions allowed for those that had no food or little food to access groceries at no cost. During school vacation, food was provided for children and summer feeding programs were utilized to make sure that children and their families could have meals during the summer months. We partnered with the local housing authority to better serve families living in those communities with food outreach. Through this partnership we provided a special healthy food distribution within the housing communities. We were also able to make this mobile through funding. This allowed us to go directly into the poorest communities throughout our region and provide food directly to those in the greatest of need.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 - 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: 51
- Transparency & Controls: 100
- Sustainability: 50
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.7%; rating input score 49
- Program expense ratio: 55.4%; rating input score 55
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 12.1%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.65; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 48.7% of revenue deployed · 55.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $56K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.