Sipe Ministries Inc
Nonprofit profile at a glance
- EIN
- 710508229
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Little Rock, AR, USA
- Phone
- 5015626693
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,106,537
- Expenses
- $854,549
- Assets
- $1,354,894
- Liabilities
- $318,120
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JOHN FOLEY (Vice President)
Highest reported compensation
- NOUPIEN KHAMSISAVANG (Director): $46,348 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sipe ministries, inc., a not-for-profit organization since june 23, 1978, was founded for religious, educational and charitable purposes. Since 1990, the primary thrust of the corporation has been educational, its mission being to serve superbly children of the greater little rock community, ages six weeks through grade 7, by developing each student's full potential through loving care, superior academic services, and quality programming.
What it reported doing in 2024
Operated a private school primarily for students from lower income families. The school is open twelve months per year. Average attendance for the year ended june 30, 2025 was approximately 60 students per month.
Operating model
- Revenue model
- Earned-program. 93% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 92
- Accountability: 56
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.2%; rating input score 77
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 16th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 22.8%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.59; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 5.4%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 0.3% per year; rating input score 100; 19th percentile among comparable filings
Details
- Where the money goes: 77.2% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 4 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $855K in reported program spending
- Leadership: top reported pay $46K · 4 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.