Riverstone Ministry
Nonprofit profile at a glance
- EIN
- 260416121
- IRS 990-EZ coverage
- 2013–2023
- Forms available
- Form 990-EZ 2023
- Location
- Lewisville, TX, USA
- Phone
- 9729806166
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $61,186
- Expenses
- $77,864
- Assets
- $36,715
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- CHRISTOPHER JOYNER (CHAIRMAN)
- MIKE KING (VICE CHAIRMAN)
- SARAH NELSON (TREASURER/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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To be an ecumenical resource to the community and provide opportunities for education, stewardship, personal growth and encouragement for its members.
What it reported doing in 2023
Outreach - projects to contribute to communities. Includes an amazon mission trip, castle hills turkey trot, and caring ministry.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.2%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -27.3%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 4.2% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: -2.5% per year; rating input score 0; 44th percentile among comparable filings
- Asset growth: 1.2% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $76K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2013 to 2023
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 21/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.