The Mustard Seed Thrift on Mission

Legal name: The Mustard Seed Thrift on Mission Inc

Nonprofit profile at a glance

EIN: 810978534
IRS 990 coverage: 2017–2024
Official website data refreshed: Jul 2026
Forms available: Form 990 2024
Location: Floyds Knobs, IN, USA
Phone: 5022962504
Rating: 80
Verdict: STRONG
Rating confidence: Moderate
Affiliation: Christianity

Official website

Reported finances

Revenue: $1,965,789
Expenses: $2,096,210
Assets: $3,314,510
Liabilities: $2,063,044

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

Leadership & pay

10 people listed

Executive titles in this filing

REGINALD MCCUTCHEON (EXECUTIVE DIRECTOR)
MARK MANN (CEO)

Highest reported compensation

VIRGINIA WEIGLEB (DIRECTOR OF MISSIONS): $78,433 total reported compensation
MARIE DIEHL (DIRECTOR OF OPERATIONS): $51,500 total reported compensation
REGINALD MCCUTCHEON (EXECUTIVE DIRECTOR): $50,000 total reported compensation

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

Overview

Mission

The mustard seed has been planted to support christian organizations that assist with healing and/or prevention of childhood sexual abuse, and to be a gateway for survivors to access resources to facilitate healing.

What it reported doing in 2024

Brick & mortar store front - the mustard seed maintains three critical storefronts. Each of our customers and donors represented a opportunity to educateand talk about our mission: to support christian organizations that assist with healing and/orprevention of childhood sexual abuse, and to be a gateway for survivors to access resources tofacilitate healing. The educational component of our mission is extremely important, as it setsthe stage for the mustard seed to be a safe and acceptable place for our community to reachout for the help that they did not know was available to them. Because the topic of childhoodsexual abuse is talked about regularly in the store, we are making significant headway to destigmatizethe silence that often follows a survivor of childhood sexual abuse and can ultimatelyprevent them from receiving healing.

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 86% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 84
Transparency & Controls: 88
Accountability: 67
Sustainability: 31
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 86.4%; rating input score 86
Fundraising efficiency: Limited

Transparency & Controls

Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: 97.3%; rating input score 97; 45th percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Accountability

Independent voting board: 66.7%; rating input score 67; 14th percentile among comparable filings
Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Sustainability

Operating margin: -6.6%; rating input score 21; 21st percentile among comparable filings
Total-asset coverage ratio: 1.58; rating input score 57; 57th percentile among comparable filings
Liabilities to assets ratio: 0.62; rating input score 12; 12th percentile among comparable filings
Officer compensation ratio: 13.3%; rating input score 27; 27th percentile among comparable filings

Growth

Program expense growth: 26% per year; rating input score 100; 88th percentile among comparable filings
Revenue growth: 20% per year; rating input score 100; 85th percentile among comparable filings
Asset growth: 39% per year; rating input score 100; 94th percentile among comparable filings

Details

What they do: Mission, programs, and operating context captured from the official website.
Where the money goes: 100% of revenue deployed · 86.4% of spending went to programs
Governance: 4 of 6 board members independent · 6 of 9 filing controls reported
Programs: 3 filed program accomplishments · $1.8M in reported program spending
Leadership: top reported pay $78K · 10 people listed
Consistency: 30 of 31 current checks pass · 1 finding to review
Schedules: 5 filed schedules · includes major donors and grants
Filing history: 7 filing years from 2017 to 2024
Contacts: How to reach this organization
Money network: 12 filed money-flow records
Related organizations: 6 filed related-organization links
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.

Review — Accountability: Governance controls: 2 of 8 not reported.
High — Sustainability: Operating margin scored 21/100.
Review — Sustainability: Total-asset coverage ratio scored 57/100.
Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
High — Sustainability: Liabilities to assets ratio scored 12/100.
High — Sustainability: Officer compensation ratio scored 27/100.