Salty Farm Ministries
Nonprofit profile at a glance
- EIN
- 932641390
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Panama City Beach, FL, USA
- Phone
- 8507326647
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $105,826
- Expenses
- $62,220
- Assets
- $49,013
- Liabilities
- $5,407
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Rachelle Dunahee (President)
- Mike Rowe (Vice President)
People named in this filing
- Rachelle Dunahee (President)
- Mike Rowe (Vice President)
- Brian Holsapple (Treasurer)
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
Salty Farm Ministries meets basic needs, builds relationships, and cultivates a purpose through its mobile ministries, future tiny home community development, and future dignified work opportunities with our veterans and brothers & sisters in need.
What it reported doing in 2024
To provide the homeless population with food, toiletries, clothing, and other basic needs or survival essentials to prevent hunger, bad hygiene, and dangerous living conditions while on the streets.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 15
- Transparency & Controls: 82
- Sustainability: 67
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 11.7%; rating input score 12
- Program expense ratio: 19.9%; rating input score 20
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 41.2%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 0.79; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 11.7% of revenue deployed · 19.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 12/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.