University Facility Ministry Inc

Nonprofit profile at a glance

EIN
993211470
IRS 990 coverage
2024–2025
Forms available
Form 990 2025
Location
Anderson, IN, USA
Phone
3177765814
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Nonprofit Management

Reported finances

Revenue
$1,616,015
Expenses
$1,560,536
Assets
$20,995,254
Liabilities
$20,995,000

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Joe Davis (President)

People named in this filing

  • Joe Davis (President)
  • Jim Cook (Secretary)
  • Jim (Ragsdale)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Corporation will support nonprofit institutions of higher education ("Institutions") with financing, advice, & knowledge; affiliate with Institutions to craft practical, customized solutions to making financial decisions to bolster mission work; offer programs to expand economic opportunities to Institutions by providing access to financial products & services; and help Institutions acquire or renovate facilities, strengthen operations with working capital, & meet cash flow needs.

What it reported doing in 2025

Financing, advice, & knowledge; affiliate with institutions to craft practical, customized solutions to making financial decisions to bolster mission work; offer programs to expand economic opportunities to Institutions by providing access to financial products & services

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.5%; rating input score 96
  • Program expense ratio: 99.9%; rating input score 100
  • 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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: 3.4%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 13.45; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 69.1% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 71.8% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 0% per year; rating input score 100; 15th percentile among comparable filings

Details

  • Where the money goes: 96.5% of revenue deployed · 99.9% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $1.6M in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 41 of 41 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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.

  • Moderate — Sustainability: Operating margin scored 40/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.