Sure Passage
Nonprofit profile at a glance
- EIN
- 753053505
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Colorado Springs, CO, USA
- Phone
- 7195220250
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Family Services
Reported finances
- Revenue
- $18,824
- Expenses
- $14,403
- Assets
- $122,524
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Gentry Gardner (President & Chairman)
People named in this filing
- Gentry Gardner (President & Chairman)
- Corlea Keeney (Treasurer)
- Gayleen Gardner (Secretary)
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
Providing grants to faith-based organizations involved in international development for least-reached poor communities; Hosting life-transition workshops and leadership coaching for individuals & groups; and Guiding Family Experiences (camps, adventure trips, and theater) for youth development.
What it reported doing in 2024
Conducted coaching on life skills, spiritual formation, and leadership for individuals & groups.
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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 100
- Sustainability: 77
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35.7%; rating input score 36
- Program expense ratio: 47.1%; rating input score 47
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: 23.5%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 8.51; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -6.2% per year; rating input score 0; 33rd percentile among comparable filings
- Revenue growth: -3.9% per year; rating input score 0; 37th percentile among comparable filings
- Asset growth: 8.7% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 35.7% of revenue deployed · 47.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $7K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- Moderate — Financial Efficiency: Program expense ratio scored 47/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.