Wind and Fire Ministries Inc

Nonprofit profile at a glance

EIN
421526622
IRS 990 coverage
2010–2015
Forms available
Form 990 2015
Location
Marion, IA, USA
Phone
3192945307
Rating
47
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$512,124
Expenses
$381,402
Assets
$3,458,835
Liabilities
$1,032,000

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Ric Lumbard (CEO - Board Chairman - Founder)

People named in this filing

  • Randy DeMain (Advisory Board)
  • Dave Olsen (Advisory Board)
  • Randy Bixby (Advisory Board)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The WFM MISSIONS BASE USA and INTERNATIONAL operations provide faith-based Missions ministry operations as a place of refuge, night and day worship facility, and ministry equipping training.

What it reported doing in 2015

3 STRAND - National TIP-ID Program: Our National Trafficking in Persons program and is associated efforts it the hallmark program of WFM in our Refuge mission. From conference speaking, training sessions, lunch-n-learns, client work through out the year, this is our primary National imprint. This includes the establishment of a national restoration training facility.

Operating model

Revenue model
Other-operating. 65% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 97% 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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 17
  • Transparency & Controls: 92
  • Accountability: 37
  • Sustainability: 82
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 16.4%; rating input score 16
  • Program expense ratio: 22%; rating input score 22
  • Fundraising efficiency: $1.82 raised per $1 spent on fundraising; rating input score 6; 6th 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: 42.9%; rating input score 43; 9th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 25.5%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 9.07; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 85; 85th percentile among comparable filings

Growth

  • Program expense growth: -56.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -8.4% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 6.2% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 16.4% of revenue deployed · 22% of spending went to programs
  • Governance: 3 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 5 filed program accomplishments · $84K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 39 of 39 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2010 to 2015
  • 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 16/100.
  • High — Financial Efficiency: Program expense ratio scored 22/100.
  • Moderate — Accountability: Independent voting board scored 43/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 6/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.