MinistryWatch
Legal name: Wall Watchers 56-2091339
Nonprofit profile at a glance
- EIN
- 562091339
- IRS 990 coverage
- 2019–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Matthews, NC, United States
- Phone
- (866) 364-9980
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $531,484
- Expenses
- $510,250
- Assets
- $220,897
- Liabilities
- $24,946
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- WARREN SMITH (PRESIDENT)
Highest reported compensation
- WARREN SMITH (PRESIDENT): $140,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
MinistryWatch’s mission is to help Christians become more faithful, generous, and effective stewards of the resources God has entrusted to them; it is an advocate for transparency, accountability, and the renewed credibility of Christian ministries. 4. Profiles of “shining light” ministries who provide examples of faithful service. These stories will amplify the impact of these ministries as well as encourage others to “go and do likewise.” 5. Articles that provide thought leadership and best practices for sophisticated donors as well as ministry leaders. Are you a Christian ministry? 5. We are. We are a 501-c-3 ministry, just like many of the ministries we cover. You can find our Form 990 here. To understand our beliefs, you can read our...
What it reported doing in 2024
Ministry watch provides free information profiles of christian ministries through a searchable database on the website www.ministrywatch.com.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 92
- Accountability: 53
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.6%; rating input score 71
- Program expense ratio: 73.1%; rating input score 73
- Fundraising efficiency: $16.43 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings
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: 83.3%; rating input score 83; 19th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 27.4%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 10.6% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 29th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 70.6% of revenue deployed · 73.1% of spending went to programs
- Governance: 5 of 6 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $373K in reported program spending
- Leadership: top reported pay $140K · 7 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 6 filing years from 2019 to 2024
- 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.
- High — Accountability: Governance controls: 6 of 7 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 53/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.