Stone Ministries Inc
Nonprofit profile at a glance
- EIN
- 942385719
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Visalia, CA, USA
- Phone
- 5597404000
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $138,826
- Expenses
- $147,003
- Assets
- $19,187
- Liabilities
- $38,293
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JON STEMKOSKI (President)
People named in this filing
- JON STEMKOSKI (President)
- THURLOW SPUR (Director)
- GARY VOGEL (Secretary/Treas)
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
Music ministry and missions throughout the united states and around the world. It's ministries affect and benefit thousands of people of many different nations.
What it reported doing in 2024
Gospel music ministry and missions
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 93
- Sustainability: 17
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.2%; rating input score 94
- Program expense ratio: 88.9%; rating input score 89
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 3rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.9%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 2; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 8.6%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 38.5% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: -10.3% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -4.9% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 94.2% of revenue deployed · 88.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $131K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 4 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 21/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 21/100.