The Veracity Circle Inc
Nonprofit profile at a glance
- EIN
- 202825670
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2014, Form 990-EZ 2024, Form 990-N 2022
- Location
- Stockbridge, GA, USA
- Phone
- 6623521552
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $151,416
- Expenses
- $119,221
- Assets
- $69,753
- Liabilities
- $25,419
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Clinton McFarland (President)
- Kenneth McFarland (Vice President)
People named in this filing
- Clinton McFarland (President)
- Kenneth McFarland (Vice President)
- David Stephens (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
Provide Life-enrich1ng Ministries
What it reported doing in 2024
The organization has many religious and life-encouraging ministries dedicated to encouraging people with the Gospel of Jesus Christ.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. 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: 0
- Transparency & Controls: 100
- Sustainability: 57
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
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: 21.3%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -41.4% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 5.8% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 12.6% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2016 to 2024
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.