VELA Ministries International USA
Nonprofit profile at a glance
- EIN
- 770254027
- IRS 990-EZ coverage
- 2011–2020
- Forms available
- Form 990-EZ 2020
- Location
- Phoenix, AZ, USA
- Phone
- 6234660133
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $38,189
- Expenses
- $26,747
- Assets
- $49,355
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- MR GALO VASQUEZ (Chairman)
- MR DAN CHRISTENSEN (Director)
- REV MIKE CLARK (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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Latin american evangelism
What it reported doing in 2020
These funds were used for a christian missionary effort in mexico to hold training sessions, research, and assist mexican churches toward more effective evangelism.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 100
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.2%; rating input score 46
- Program expense ratio: 66%; rating input score 66
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: 30%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 1.85; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.7% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 26% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 46.2% of revenue deployed · 66% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $18K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2011 to 2020
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.