XL Ministries Inc

Nonprofit profile at a glance

EIN
841210119
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-EZ 2014, Form 990-N 2019
Location
Roanoke, TX, USA
Phone
8177454646
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Christianity

Reported finances

Revenue
$1,054,320
Expenses
$1,034,050
Assets
$551,991
Liabilities
$18,645

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Brian Murphy (CEO)
  • Rocky Wyatt (President)

Highest reported compensation

  • Brian Murphy (CEO): $153,102 total reported compensation
  • Rocky Wyatt (President): $109,944 total reported compensation
  • Eric Ellis (Former Director): $70,112 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide education and Biblical training to individuals and groups in order to develop Christian pastors, missionaries, youth leaders and other Christian leaders, so they can effectively develop their leadership skills and knowledge to minister Gods Word.

What it reported doing in 2024

XL provides training resources and instruction for international churches and equips missionaries in the context of the local church through internship programs. During the year, XL: Sponsored a booth at a TMAI conference (an international training organization for pastors). XL also presented its ministry services to the regional directors of this organization and provided each of them several of XLs resources. Completed translations of its resources into two languages during the year. XL is in the process of translating its resources into 6 more languages. Provided hard copies of its English resources at conferences in 10 foreign countries. Provided hard copies of its Spanish resources at conferences in 3 foreign countries. Provided PDF downloads to churches and ministries in multiple countries outside of the US. Worked with churches and organizations in over 20 countries during the year.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 73
  • Accountability: 70
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.4%; rating input score 71
  • Program expense ratio: 72.3%; rating input score 72
  • Fundraising efficiency: $20.75 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 57.1%; rating input score 57; 12th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.9%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 37.6%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 33.2% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 19.2% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 18.7% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 71.4% of revenue deployed · 72.3% of spending went to programs
  • Governance: 4 of 7 board members independent · 8 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $748K in reported program spending
  • Leadership: top reported pay $153K · 10 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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.

  • Review — Accountability: Independent voting board scored 57/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 59/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.