Vine Life Ministries Inc

What it reported doing in 2024

Vine life ministries purpose and missin of enhancing and improving the lives of the young people and their families, in the city of lincoln and surrounding communities, directs the salt mine, a subsidiary of vine life ministries, inc. In advancing toward this goal by offering childrens program, youth program, and adult training and teaching, as well as an aggressive feeding program that provides emergency food for needy families in the target area. The salt mine has furnished over two million meals to local families, and of this number, sixty - seven percent were for youth and childern. The salt mine provides a food box for needy familites that will feed each person in that particular familyy three meals a day for a week. Food boxes for emergency needs are limited to one box per month. In addition, the salt mine adminsters the usda distribuition program, and low income families can receive two usda distribuition each month. In addition to the organized and regulated food program, the salt mine offers daily meals to transient and distribuites truckload of food on saturday on a first come first serve basis. This work is accomplished at the salt mine by staff and an army of voluteers from the community. Each week, our organization receive around five thousand pounds of donated food from the community, food we purchase from the food bank, and the food we receive from direct contactwith food ventors. The volunteers then sort, package, and box food for needy families. Other workers screen the requests for food and keep records of who receives food and how often. Funding for the salt mine comes from grants, donaitons from firends of the salt mine, and the proceeds from two thrifts shop, the salt seller and the salt mine thrift shop both located in lincoln.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 83.6%; rating input score 84
• 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: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 42.9%; rating input score 43; 11th percentile among comparable filings
• Governance controls: 1 of 9 controls in place; rating input score 11
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -19.3%; rating input score 10; 10th percentile among comparable filings
• Total-asset coverage ratio: 0.15; rating input score 7; 7th percentile among comparable filings
• Liabilities to assets ratio: 0.5; rating input score 16; 16th percentile among comparable filings
• Officer compensation ratio: 13.8%; rating input score 26; 26th percentile among comparable filings

Growth

• Program expense growth: 6.8% per year; rating input score 100; 51st percentile among comparable filings
• Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
• Asset growth: 15.2% per year; rating input score 100; 73rd percentile among comparable filings