Rhea Ministries USA Inc

Nonprofit profile at a glance

EIN
931965081
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Bradenton Beach, FL, USA
Phone
7397532393
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services N.E.C.
Affiliation
Christianity

Official website

Reported finances

Revenue
$136,370
Expenses
$122,982
Assets
$18,901

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

Leadership & pay

5 people listed

Executive titles in this filing

  • ZAHID KENNY (PRESIDENT)

People named in this filing

  • ZAHID KENNY (PRESIDENT)
  • DON CLEMENS (TREASURER)
  • LISA GREENE (SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

1. Preaching and proclamation of the gospel (good news) has been at centre of rhea ministries in uk, USA and other parts of the world. 2. Persecuted christians have received assistance in and from difficult circumcentres in some of the most difficult parts of the world for christians to live in. 3. Marginalised and poor christians have received much need help and assistance with food, medical assistance and help towards education.

What it reported doing in 2024

Preached the gospel in different parts of USA like Indiana, Kentucky, Michigan and Florida. Preached in uk like torquay, london, warrington, cornwall and barnstaple. Helped the persecuted christians to relive them from persecution and helping them with there lives. Helping the poor and marginalized with education.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.2%; rating input score 72
  • Program expense ratio: 80.1%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 9.8%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 49% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 62.9% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 52.9% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 72.2% of revenue deployed · 80.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $98K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • 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.

  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Review — Sustainability: Operating margin scored 58/100.