Temple Ministries Cfc Inc

Nonprofit profile at a glance

EIN
460529617
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Selden, NY, USA
Phone
6316984273
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$409,744
Expenses
$211,981
Assets
$474,745
Liabilities
$120,406

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

Leadership & pay

3 people listed

Executive titles in this filing

  • WILLIAM NIEVES (President/Trust)

People named in this filing

  • WILLIAM NIEVES (President/Trust)
  • EUGENIA NIEVES (Secretary/TRUST)
  • LORRAINE SALIMANDO (Trustee)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To organize, form, establish and operate a non-denominated church; to encourage and promote bible and other religious works and teachings; perform and conduct prayer and worship services; to teach; practice of religous rituals and ceremonies. To foster, advance and promote the practice of the religious beliefs of the church; to organize and conduct religious discussions among the members and with other individuals and religious groups; to increase, foster and advance the understanding of religious principles and ideals among others belonging to different faiths; to create and establish programs to further such principles and ideals; to stimulate interest in and foster the religious development of people seeking such instruction; to endeavor to inculcate and maintain high moral and ethical standards in charitable activities and services benefit the community; to foster a spirit of friendship and benevolence among all people and generally to advance the welfare of the congregation member

What it reported doing in 2024

To organize, form, establish and operate a non-denominated church; to encourage and promote bible and other religious works and teachings; perform and conduct prayer and worship services; to teach; practice of religous rituals and ceremonies. To foster, advance and promote the practice of the religious beliefs of the church; to organize and conduct religious discussions among the members and with other individuals and religious groups; to increase, foster and advance the understanding of religious principles and ideals among others belonging to different faiths; to create and establish programs to further such principles and ideals; to stimulate interest in and foster the religious development of people seeking such instruction; to endeavor to inculcate and maintain high moral and ethical standards in charitable activities and services benefit the community; to foster a spirit of friendship and benevolence among all people and generally to advance the welfare of the congregation members.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 76% of its reported program spending out as grants.

The verdict

REVIEW - 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: 12
  • Transparency & Controls: 81
  • Accountability: 6
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10%; rating input score 10
  • Program expense ratio: 19.3%; rating input score 19
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 78.4%; rating input score 78; 48th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 48.3%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 2.24; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 9.2% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 6.9% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 10% of revenue deployed · 19.3% of spending went to programs
  • Governance: 0 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $41K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes grants
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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: Mission deployment rate scored 10/100.
  • High — Financial Efficiency: Program expense ratio scored 19/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.