Terika Smith Ministries
Nonprofit profile at a glance
- EIN
- 472764922
- IRS 990-EZ coverage
- 2019–2019
- Forms available
- Form 990-EZ 2019, Form 990-N 2018
- Location
- Lawrence, MA, USA
- Phone
- 9782330576
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $163,958
- Expenses
- $119,327
- Assets
- $51,359
- Liabilities
- $6,779
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Terika Smith (President)
People named in this filing
- Terika Smith (President)
- Carmen Mejia (CPA)
- Brunny Rijo (Marketing Director)
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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Through original design, partnerships and networking with existing organizations Terika Smith Ministries is here to teach, serve, and mentor a diverse community of learners in the areas of ministry, education, humanitarian work, conferences, and media.
What it reported doing in 2019
Little Rivers Christian Learning Center provides toddlers and preschoolers an educational and safe learning environment, promoting growth in four developmental areas: cognitive, language, social and motor. Our little learners will graduate with exposure to key basic learning of Math, Literacy and the Arts. Exposure to the tenets of faith, building strong morals and core values such as discipleship, education, faith, compassion, social empowerment and respect. As well as enriching their character and preparing them for success for the next stage of their education.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 60
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.1%; rating input score 72
- Program expense ratio: 99%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 27.2%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 72.1% of revenue deployed · 99% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $118K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.