Times of Refreshing Christian Center New York

Nonprofit profile at a glance

EIN
352399858
IRS 990 coverage
2015–2020
Forms available
Form 990 2020, Form 990-N 2012
Location
New York, NY, USA
Phone
6468440797
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$427,206
Expenses
$393,918
Assets
$383,418
Liabilities
$149,900

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Virginia Pike (President of the Board)

Highest reported compensation

  • Robyn Kassas (Board Member/Pastor): $122,000 total reported compensation
  • Nathan Kassas (Asst.Pastor/Creative Ministry Dir.): $29,980 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We are a religious organization (church)whose primary purpose is sharing the love and forgiveness of God through the Gospel of Jesus Christ. Our mission is to bring people to Christ, assist them in healing

What it reported doing in 2020

The School of Apostles and Prophets (SOAP) is a program that offers members and visitors classes to teach Biblical principles as well as equipping each student to hear the Voice of God and live an active lifestyle of communication with the Holy Spirit. Students can register for classes (one or two days), courses that could be 6-12 weeks long or a Certificate Program that is for a year.

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 - The filed numbers largely add up and program spending 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: 48
  • Transparency & Controls: 90
  • Accountability: 49
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.1%; rating input score 52
  • Program expense ratio: 56.5%; rating input score 56
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 63.6%; rating input score 64; 16th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • 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: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7.8%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 38.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 17.9% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 18.3% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 34.2% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 52.1% of revenue deployed · 56.5% of spending went to programs
  • Governance: 7 of 11 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $222K in reported program spending
  • Leadership: top reported pay $122K · 11 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2015 to 2020
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 52/100.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.