Solid Rock Outreach Ministries Inc

Nonprofit profile at a glance

EIN
993102803
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Colorado City, TX, USA
Phone
3257280997
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution
Affiliation
Christianity

Reported finances

Revenue
$111,446
Expenses
$22,397
Assets
$183,900
Liabilities
$94,851

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Homer Matlock (President)
  • Gary Hale (Vice President)

People named in this filing

  • Homer Matlock (President)
  • Teresa Matlock (Secretary)
  • Guy Payne (Trustee)

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

To impact the local community through local outreach programs, to plan and implement international outreach programs in foreign countries, to lead people into a relationship with Jesus Christ, and strengthen the local and foreign churches.

What it reported doing in 2024

Holding meetings weekly which gives opportunity to fulfill purpose of allowing the community to know Jesus Christ and the word and is strengthening the local churches. Facilities used with events for community use to benefit other organizations and as outreach through the ministriy.

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: 30
  • Transparency & Controls: 82
  • Sustainability: 84
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 11.9%; rating input score 12
  • Program expense ratio: 59.3%; rating input score 59

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 79.9%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 8.21; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.52; rating input score 10; 10th 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: 11.9% of revenue deployed · 59.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 7 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.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.