Spreading the Word Ministry

Nonprofit profile at a glance

EIN
260820704
IRS 990-EZ coverage
2013–2022
Forms available
Form 990-EZ 2022
Location
Clinton, OK, USA
Phone
5803238670
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Religious Radio
Affiliation
Christianity

Reported finances

Revenue
$136,477
Expenses
$103,518
Assets
$196,434

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

  • DARRIEL NICHOLSON (PRES AND DIR)
  • MARK NICHOLSON (VP AND DIR)
  • ALVIN WILLIAMS (SEC TR DIR)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To preach the gospel of jesus christ on radio & internet by publication of books cds newsletters & other printed media, recording studio & live gospel music performances

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 82
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.9%; rating input score 76
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 24.1%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 1.9; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 12.6% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 27.5% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 75.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $104K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2013 to 2022
  • 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.