Unlocked Ministries

Legal name: Unlocked Ministries Incorporated

Nonprofit profile at a glance

EIN
822979491
IRS 990-EZ coverage
2022–2023
Official website data refreshed
Sep 2026
Forms available
Form 990-EZ 2023
Location
Colleyville, TX, USA
Phone
8173799323
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Family Violence Shelters

Official website

Reported finances

Revenue
$97,781
Expenses
$140,514
Assets
$28,938

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KERRIE OLES (PRESIDENT/CE)

People named in this filing

  • PHILLIP OLES (TREASURER/DI)
  • KERRIE OLES (PRESIDENT/CE)
  • DEBBIE RASA (DIRECTOR)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Unlocked Ministries is a non-profit ministry that exists to bring ministry to women everywhere, to help them unlock their past and rewrite their future.

What it reported doing in 2023

Unlocked ministries incorporated exists to bring ministry to women everywhere to help unlock their past and write a new future through emotional healing. The organization offers a life changing curriculum entitled "unlock now- and partners with other shelters and residential facilities to provide the program to women affected by abuse, incarceration or trafficking. For the whole of 2023, the organization partnered with and provided ministry, curriculum, and resources to multiple homes in several different states. Unlocked ministries continues to expand its online and in-person resources and experiences to provide for spiritual and emotional healing to women through the development of it unlocked academy to be launched in 2024.

Operating model

Revenue model
Donor-supported. 97% 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.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 100
  • Sustainability: 13
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.8%; rating input score 71
  • Program expense ratio: 49.3%; rating input score 49

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -43.7%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 18.6%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 13.4% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: -3.9% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: -84.9% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • What they do: 10 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 70.8% of revenue deployed · 49.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $69K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Program expense ratio scored 49/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.