Share Redemption Ministries
Nonprofit profile at a glance
- EIN
- 471804861
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2022
- Location
- Kalispell, MT, USA
- Phone
- 9494195875
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $209,989
- Expenses
- $98,141
- Assets
- $154,795
- Liabilities
- $1,052
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Highest reported compensation
- ISAAC NELSON (EXECUTIVE DI): $57,100 total reported compensation
- TRAVIS WALTERS (VICE CHAIR): $7,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Organization's mission is bringing the gospel of grace to broken hearts around the world.
What it reported doing in 2024
Provide sports equipment and discipleship resources to churches and parachurch organizations to encourage gospel-centered conversations during ministry events.
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- 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: 29
- Transparency & Controls: 90
- Accountability: 44
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33%; rating input score 33
- Program expense ratio: 33.2%; rating input score 33
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 66.7%; rating input score 67; 18th percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 53.3%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 65.3%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 115.5% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 113.7% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 33% of revenue deployed · 33.2% of spending went to programs
- Governance: 2 of 3 board members independent · 1 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $33K in reported program spending
- Leadership: top reported pay $57K · 3 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
- Moderate — Financial Efficiency: Program expense ratio scored 33/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.