Proem Support Ministries Inc

Nonprofit profile at a glance

EIN
900066630
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Louisville, KY, USA
Phone
5022545001
Rating
83
Verdict
STRONG
Rating confidence
Standard
Sector
International Development
Affiliation
Christianity

Official website

Reported finances

Revenue
$2,193,174
Expenses
$2,192,017
Assets
$2,521,612
Liabilities
$11,557

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Stan Franczek (President)

Highest reported compensation

  • Maui Dwulat (Director/Missionary): $53,000 total reported compensation

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

Overview

Mission

Connecting people to the hope and freedom found in Jesus. Proem Support Ministries was founded in 2003, in Louisville, Kentucky to provide advice and direction on major projects and new programs to Proem Ministries in Poland, an organization that was formed to spread the Gospel throughout Poland and Eastern Europe. We provide logistics for volunteers, missionaries, and interns who are interested in serving in Poland. We provide financial support by accepting donations from individuals, churches and foundations. We provide accounting and record keeping services. We forward all donations to Proem Ministries in Poland and provide receipts to all donors. We are the primary contact point for churches and individuals wishing to become involved in the ministry of Proem in Poland. Proem Support Ministries creates communication platforms (website, print materials, e-newsletters) for our constituents.

What it reported doing in 2024

The Residency program started in September 2024 and continues today and into the future.The Proem Resident program is a one-year program, intended for young adults/aged 18+, which combines 4 elements: theology lectures, missional involvement, spiritual formation and social engagement. An important part of the program will be theology classes, lectures and biblical classes. We want to equip a new generation of young people with tools that will help them organize their way of thinking about God, man, the Church and mission. Lectures will be delivered by Proem staff and invited lecturers from Poland and abroad. It costs $15,000/year for Americanresidents and they raise all of their personal support to do the program. We have to raise $500/person for international residents and we have between 8-12 per year. With a total of $48,000/year for international residents. We receive funds from churches to support the program.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 66% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 81
  • Accountability: 88
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86%; rating input score 86
  • Program expense ratio: 86%; rating input score 86
  • Fundraising efficiency: $25.37 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.9%; rating input score 89; 20th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.1%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 1.15; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 89; 89th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: 9.7% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 12.8% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 20.3% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 86% of revenue deployed · 86% of spending went to programs
  • Governance: 8 of 9 board members independent · 6 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $1.9M in reported program spending
  • Leadership: top reported pay $53K · 9 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 4 filed schedules · includes major donors and foreign activity
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.