Steadfast Truth Ministries

Nonprofit profile at a glance

EIN
871457436
IRS 990-EZ coverage
2021–2023
Forms available
Form 990-EZ 2023
Location
Swannanoa, NC, USA
Phone
8289892513
Rating confidence
Limited
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Expenses
$3,731
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • KELLY BENWARE (PRESIDENT &)

People named in this filing

  • KELLY BENWARE (PRESIDENT &)
  • GARY SWYERS (LEAD CONSULT)
  • ROBYN DAUGHERTY (TREASURER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Steadfast truth ministries, inc. Assists those who seek to navigate the ever-changing, contemporary culture throgh god's word and the gospel in a variety of platforms.

What it reported doing in 2023

Steadfast truth ministries, inc. Is a non-profit organization that assists those who seek to navigate the ever-changing, contemporary culture through god's word and the gospel in a variety of platforms.

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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 4
  • Transparency & Controls: 82
  • Sustainability: 10
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 12%; rating input score 12

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 0.2% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: -190.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -106.9% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 12% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $449 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 2 of 2 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • 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: Program expense ratio scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.