Stonecroft Ministries Inc

Nonprofit profile at a glance

EIN
436041686
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Kansas City, MO, USA
Phone
8005258627
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$3,187,589
Expenses
$3,918,843
Assets
$8,966,270
Liabilities
$135,745

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

Leadership & pay

18 people listed

Executive titles in this filing

  • DR NAOMI CRAMER OVERTON (PRESIDENT/CEO (UNTIL 5/24))
  • ELIZA BAST (CEO (AS OF 6/24))
  • ELAINE WATKINS (PRESIDENT/COO)

Highest reported compensation

  • ELAINE WATKINS (PRESIDENT/COO): $168,857 total reported compensation
  • ELIZA BAST (CEO (AS OF 6/24)): $125,119 total reported compensation
  • MARTHA SUZANNE STJERNSTROM (DIRECTOR): $116,188 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Stonecroft ministries, inc's mission is to mobilize a movement of christian women to pray and proclaim the gospel of jesus christ.

What it reported doing in 2024

* stonecroft ministries, inc. (stonecroft) equips and supports women by providing training and resources to help them share their faith through outreach groups, small group studies and evangelistic prayer. * stonecroft was founded on prayer and continues to make prayer a priority. A zoom prayer call is held weekly, and anyone can join the call. Outreach planning teams meet once a month to pray for stonecroft, their local outreach and for one another. The stonecroft board of directors have weekly prayer calls, and the staff meets weekly to pray.* in the past year, stonecroft trained 380 individuals in relational evangelism, our core curriculum for faith sharing. * a total of 1,950 outreach meetings were held last year where the gospel of christ was presented, and individuals were given the opportunity to receive christ as their lord and savior. Decisions for christ recorded were 788. Those who receive christ are given the opportunity to join a bible study, so they can grow in their faith. * stonecroft produces a weekly email newsletter and is involved in social media outreaches. Updates to their website have made it easier to share the gospel of jesus christ and for volunteers to order supplies and merchandise. * stonecroft annually holds several fundraising campaigns as a means for every level of donor to participate and to meet their financial goals. Stonecroft meets the evangelical council for financial accountability's seven standards of responsible stewardship.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 34
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.5%; rating input score 86
  • Program expense ratio: 78.8%; rating input score 79
  • Fundraising efficiency: $3.03 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -22.9%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 2.29; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 13.9%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: -8.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -5.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -4.8% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 85.5% of revenue deployed · 78.8% of spending went to programs
  • Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.1M in reported program spending
  • Leadership: top reported pay $169K · 18 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $183K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 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 — Financial Efficiency: Fundraising efficiency scored 9/100.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.