Thirdmill

Overview

Mission

We are a non-profit corporation [501(c)(3)] that produces, publishes and distributes a multimedia seminary curriculum in multiple languages. What is the mission of Thirdmill? Our mission is to spread the Kingdom of God by providing a multimedia seminary curriculum to Christian leaders in their own lands and languages at no cost to them. Our curriculum is currently used by a wide variety of seminaries, Bible colleges, churches, mission organizations and institutions in: North, Central and South America; Europe; Asia; Africa; the Middle East; and Australia. Every lesson is approved by our Faculty Board of Approval, which consists of Ph.D.s and Th.D.s with expertise in the fields covered by our lessons. Our featured teachers are seminary professors from accredited seminaries; and all of our teachers, staff and Board members are committed evangelical Christians. Thirdmill provides these...

Operating model

Revenue model

Donor-supported. 94% of the money available for current operations came from contributions and gifts.

Distribution model

Direct operator. The filing allocates 99% 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.

• Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.

Rating breakdown

• Financial Efficiency: 74
• Transparency & Controls: 50
• Accountability: 94
• Sustainability: 35
• Growth: 100

Detailed rating inputs

Details

• What they do: Mission, programs, and operating context captured from the official website.
• Where the money goes: 80.6% of revenue deployed · 76.4% of spending went to programs
• Governance: 8 of 9 board members independent · 9 of 9 filing controls reported
• Programs: 1 filed program accomplishment · $5.2M in reported program spending
• Leadership: top reported pay $154K · 13 people listed · 0 of 6 pay-setting controls reported
• Consistency: 30 of 32 current checks pass · 2 findings to review
• Schedules: 11 filed schedules · includes major donors, foreign activity, grants, and executive pay
• Filing history: 8 filing years from 2017 to 2024
• Contacts: How to reach this organization
• Money network: 7 filed money-flow records
• Related organizations: 3 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.

• High — Transparency & Controls: Pay-setting controls scored 0/100.
• High — Transparency & Controls: Foreign activity oversight scored 0/100.
• Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.
• High — Sustainability: Operating margin scored 21/100.
• Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
• Moderate — Sustainability: Officer compensation ratio scored 33/100.
• Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
• Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
• Review — Sustainability: Liabilities to assets ratio scored 58/100.