Vn Fullwood Ministries Inc
Nonprofit profile at a glance
- EIN
- 202520647
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2021, Form 990-EZ 2024, Form 990-N 2019
- Location
- Clinton, NC, USA
- Phone
- 9105646630
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $80,644
- Expenses
- $78,216
- Assets
- $85,390
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- VARNIE N FULLWOOD (PRESIDENT)
People named in this filing
- VARNIE N FULLWOOD (PRESIDENT)
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
The v n fullwood ministries is an outreach ministry whose goal is to reach out and aid or under girt other ministries in helping them fulfill and reach their divine destiny god has ordained and commissioned this ministry to go forth and provoke his people to the next level of ministry.
What it reported doing in 2024
The v n fullwood ministries is an outreach ministry whose goal is to reach out and aid or under girt other ministries in helping them fulfill and reach their divine destiny god has ordained and commissioned this ministry to go forth and provoke his people to the next level of ministry
Operating model
- Revenue model
- Donor-supported. 64% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
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: 0
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.09; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -102.9% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: -3.8% per year; rating input score 0; 38th percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 51/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.