Sheryl Brady Ministries Inc

Nonprofit profile at a glance

EIN
562153817
IRS 990-EZ coverage
2018–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Frisco, TX, USA
Phone
9728502280
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Religious Media, Communications
Affiliation
Christianity

Reported finances

Revenue
$159,264
Expenses
$164,509
Assets
$115,864
Liabilities
$28,782

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

Leadership & pay

4 people listed

Executive titles in this filing

  • SHERYL BRADY (PRESIDENT)

People named in this filing

  • SHERYL BRADY (PRESIDENT)
  • NINA SIMONS (SECRETARY/TREASURER)
  • JOBY BRADY (DIRECTOR)

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

Proclaim the gospel of jesus christ

What it reported doing in 2024

Traveled to over 50 churches and events throughout the u.s. To spread the word of jesus christ our lord and savior through preaching, teaching, music and evangelism. Thousands of people in attendance at events were impacted by the ministry

Operating model

Revenue model
Earned-program. 71% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.

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: 94
  • Transparency & Controls: 93
  • Sustainability: 29
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.9%; rating input score 95
  • Program expense ratio: 91.9%; rating input score 92

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 3rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -3.3%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 33.9%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 14.6% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: -13% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -3.7% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 94.9% of revenue deployed · 91.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $151K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 25/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.