Z Ministries

Nonprofit profile at a glance

EIN
461167554
IRS 990 coverage
2013–2022
Forms available
Form 990 2022
Location
Colorado Springs, CO, USA
Phone
7192578050
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Religious (unspecified)

Official website

Reported finances

Revenue
$1,950,543
Expenses
$1,299,656
Assets
$1,105,855
Liabilities
$7,393

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Joseph Zupetz (President/Sec)
  • David Pollock (CEO)

Highest reported compensation

  • Joseph Zupetz (President/Sec): $141,705 total reported compensation
  • Heather Zupetz (VP/Treasurer): $60,000 total reported compensation
  • Jason Chandler (Partner Relations Director): $57,470 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Building lives by the word of god.

What it reported doing in 2022

In 2022, Z Ministries continued to be effective in supporting and expanding the three key objectives established in our 2012 vision plan: to ignite lives by sharing the complete gospel throughout the world, to build lives locally through special meetings, and to equip with our online broadcast available worldwide through prophet journalism using over 20 different social media platforms. Objective One: Ignite - Z Ministries participated in many events all over the United States. We continued to travel for the purpose of serving churches, other ministries, and the distirbution of written materials and various forms of media for the spreading of the complete gospel.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 89% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 87
  • Accountability: 77
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.4%; rating input score 46
  • Program expense ratio: 65.3%; rating input score 65
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 15th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 89.5%; rating input score 90; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 33.4%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 0.85; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 26.4%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 14% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 17.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 46.4% of revenue deployed · 65.3% of spending went to programs
  • Governance: 4 of 4 board members independent · 4 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $849K in reported program spending
  • Leadership: top reported pay $142K · 7 people listed
  • Consistency: 24 of 26 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2013 to 2022
  • Contacts: How to reach this organization
  • Money network: 11 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • Moderate — Accountability: Governance controls: 5 of 9 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 8/100.