Spiritual Success Inst Inc

Nonprofit profile at a glance

EIN
237451718
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2018, Form 990-EZ 2024
Location
Greenville, SC, USA
Phone
8642713434
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$62,347
Expenses
$102,026
Assets
$142,012
Liabilities
$1,264

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

Leadership & pay

3 people listed

Executive titles in this filing

  • JAMES R HOOD JR (PRESIDENT)

People named in this filing

  • JAMES R HOOD JR (PRESIDENT)
  • BARBARA A HOOD (SECRETARY/TR)
  • ANDREW MOFFITT (BOARD MEMBER)

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

Spiritual success institute, inc. Exists to facilitate providing short-term assistance to churches and ministers of religion (of like faith and practice with our organization) by means of the on-site work of our employees and/or by means of the bible-based literary resources which we make available.

What it reported doing in 2024

Ministry of evangelist in developing nations: approximately 1,240 people benefited directly from this service during 2024, and approximately 1,800 benefited indirectly from the gospel literature and other books that our president provided to several filipino pastors for use in five provinces of luzon. Our president traveled to the philippines (luzon) in april and in december of 2024, continuing his work of biblical preaching and teaching for several filipino pastors with whom he has maintained relationships for ministry. During april, he served more than 20 independent baptist churches that gathered for a family camp, and he spoke in five other churches. From april to december, he coordinated plans with the pastors and members of five churches in batangas and cavite to conduct a four-day training camp for musicians. In december, our president and volunteer s. Hanke were on site to lead that camp program with filipino teachers.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 97% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 25
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -63.6%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 72.4%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: -4.2% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: -5.1% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $102K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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 — Sustainability: Operating margin scored 11/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.