Vkb Ministries Inc
Nonprofit profile at a glance
- EIN
- 262937393
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2008
- Location
- Burlington, KY, USA
- Phone
- 7652657707
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Support N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $53,148
- Expenses
- $46,616
- Assets
- $18,581
- Liabilities
- $283
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- VONDA K BISHOP (PRESIDENT)
People named in this filing
- VONDA K BISHOP (PRESIDENT)
- MEA BARRETT (TREASURER)
- BLANCHE GALLIMORE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To reach out to a lost and hurting world; answering the cry of those in need of spiritual enlightenment and restoration.
What it reported doing in 2024
Outreach to children and individuals in need
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
REVIEW - The filed numbers largely add up. 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: 8
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8.2%; rating input score 8
- Program expense ratio: 7.5%; rating input score 7
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.3%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -31.5% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -6.1% per year; rating input score 0; 32nd percentile among comparable filings
- Asset growth: -17.8% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 8.2% of revenue deployed · 7.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Mission deployment rate scored 8/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.