Sought Out Ministries

Nonprofit profile at a glance

EIN: 274541200
IRS 990-EZ coverage: 2015–2024
Forms available: Form 990-EZ 2024
Location: Mukilteo, WA, USA
Phone: 4253284791
Rating: 42
Verdict: MIXED
Rating confidence: Moderate
Sector: Single Organization Support
Affiliation: Religious (unspecified)

Reported finances

Revenue: $69,601
Expenses: $32,311
Assets: $43,928
Liabilities: $2,080

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

Leadership & pay

3 people listed

Executive titles in this filing

Herb Marks (President)
Bethany Marks (Vice President)

People named in this filing

Herb Marks (President)
Bethany Marks (Vice President)
Christa Pitcarin (Secretary)

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 conduct religious meetings in homes and auditoriums; teaching via radio broadcasts.

What it reported doing in 2024

Religious Meetings and Radio Broadcasts

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: 7
Transparency & Controls: 82
Sustainability: 63
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 4.9%; rating input score 5
Program expense ratio: 10.5%; rating input score 10

Transparency & Controls

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

Sustainability

Operating margin: 53.6%; rating input score 92; 92nd percentile among comparable filings
Total-asset coverage ratio: 1.36; rating input score 55; 55th percentile among comparable filings
Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
Officer compensation ratio: 37.1%; rating input score 5; 5th percentile among comparable filings

Growth

Program expense growth: -23.9% per year; rating input score 0; 16th percentile among comparable filings
Revenue growth: 5.7% per year; rating input score 100; 73rd percentile among comparable filings
Asset growth: 11.3% per year; rating input score 100; 75th percentile among comparable filings

Details

Where the money goes: 4.9% of revenue deployed · 10.5% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $3K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 7 of 7 current checks pass
Schedules: 2 filed schedules
Filing history: 10 filing years from 2015 to 2024
Contacts: How to reach this organization
Money network: 2 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 — Financial Efficiency: Mission deployment rate scored 5/100.
High — Financial Efficiency: Program expense ratio scored 10/100.
High — Growth: Program expense growth scored 0/100.
Review — Sustainability: Total-asset coverage ratio scored 55/100.
High — Sustainability: Officer compensation ratio scored 5/100.
High — Sustainability: Liabilities to assets ratio scored 21/100.