Peregrine Ministries
Legal name: Peregrine Ministries International
Nonprofit profile at a glance
- EIN
- 352433869
- IRS 990 coverage
- 2020–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Monroe, NC, USA
- Phone
- 719-229-8258
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Support N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $228,491
- Expenses
- $220,831
- Assets
- $73,635
- Liabilities
- $7,668
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- CRAIG GLASS (PRESIDENT)
People named in this filing
- RICK ANDERSON (BOARD CHAIRM)
- LAUREN BURKHART (BOARD MEMBER)
- CRAIG GLASS (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Peregrine Ministries is to guide and inspire men on their life journey, to help them pass on a life-giving legacy. The Latin root of the word _“Peregrine” means pilgrim_. We are all on a pilgrimage – a physical journey with a spiritual destination – involving highs and lows, twists and turns. When men come out of isolation and enter the beauty of creation they will hear the deep voice of the Spirit that reminds them of life’s higher calling. Through teaching, mentoring and spiritual guidance, Peregrine Ministries helps men identify the values they truly believe in and make decisions that bring life and grace to the people with whom they live and work.
What it reported doing in 2025
Teaching: we speak and teach at small and large group events on the topics of encouragement and inspiration to men in bringing security, provision and blessings to those they love.
Operating model
- Revenue model
- Donor-supported. 100% 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
STRONG - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 36
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.5%; rating input score 79
- Program expense ratio: 81.3%; rating input score 81
- Fundraising efficiency: $28.02 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3.4%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 0% per year; rating input score 100; 28th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 18th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site
- Where the money goes: 78.5% of revenue deployed · 81.3% of spending went to programs
- Governance: 6 of 6 board members independent · 4 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $179K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2025
- Contacts: How to reach this organization
- 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: Governance controls: 2 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.