Power of Praise Tabernacle of Deliverance Ministries

Nonprofit profile at a glance

EIN
562047840
IRS 990 coverage
2012–2015
Forms available
Form 990 2015
Location
Benson, NC, USA
Phone
9198947384
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Protestant
Affiliation
Christianity

Reported finances

Revenue
$196,643
Expenses
$171,681
Assets
$397,816
Liabilities
$319,046

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Annie Hinnant (Vice President)
  • Allen Hinnant (President)

Highest reported compensation

  • Annie Hinnant (Vice President): $15,545 total reported compensation
  • Allen Hinnant (President): $161 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To be a Christ centered church that is sensitive to the Holy Spirit, and sees what God sees. To preach and teach the uncompromised Word of God so that purpose is revealed. And as we Glorify God, we will win souls for Christ while edifying the believer. We are a family and community oriented church that is concerned for the Body of Christ with special emphasis on the total man - mind, body, and soul. This ministry is a training ground for those who desire to go higher in the dimensions of God. Signs and wonders follow this deliverance ministry that was orchestrated by God and entrusted to the leaders of this house.

What it reported doing in 2015

Power of Praise Tabernacle of Deliverance Ministries has community activities for members and those that are in the surrounding community. These activities include summer camps, food pantry, etc.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 90
  • Accountability: 37
  • Sustainability: 57
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.3%; rating input score 87
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 12.7%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 2.32; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 9.1%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: -3.9% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: -3.8% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 87.3% of revenue deployed · 100% of spending went to programs
  • Governance: 0 of 5 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $172K in reported program spending
  • Leadership: top reported pay $16K · 5 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2012 to 2015
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.