YWAM Ships Corpus Christi
Legal name: Ywam Ships of Corpus Christi
Nonprofit profile at a glance
- EIN
- 844624959
- IRS 990-EZ coverage
- 2024–2025
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Corpus Christi, TX, US
- Phone
- 4694739791
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $115,795
- Expenses
- $80,176
- Assets
- $96,947
- Liabilities
- $10,416
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Thomas Schmidt (President)
- Holly Schmidt (Vice President)
People named in this filing
- Thomas Schmidt (President)
- Holly Schmidt (Vice President)
- Debra Possin (Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bringing the love of Jesus to the least, the lost, the lonely, and the left-behind in both a local and international context.
What it reported doing in 2025
Glory Bound: 44' motor yacht donated to YWAM Ships Corpus Christi, January 8, 2025. We will use this vessel to teach the basics of navigation, to mobilize for world missions, and to introduce the elements of participating on sailing vessels to go and engage the isolated populations of the world. Glory Bound has been in Ensenada, Baja California, Mexico for most of 2025.
Operating model
- Revenue model
- Donor-supported. 75% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 96% 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 100
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.6%; rating input score 66
- Program expense ratio: 94.7%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 30.8%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 1.21; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 74.5% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 36.7% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 62.3% per year; rating input score 100; 95th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 65.6% of revenue deployed · 94.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $76K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- 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 — Sustainability: Liabilities to assets ratio scored 20/100.