Religion-Related
(X20Z)
990 on File
MIKE HAYES MINISTRIES
Financial strength (30%)
78/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$536K
Total Revenue
$717K
Total Expenses
$606K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.0%
Fundraising Efficiency
N/A
Operating Reserve
10.14x
Liability-to-Asset
0.0%
Revenue Diversification
94.5%
Executive Compensation
$376K
Compared with Peers
FY 2023
Compared with 11,882 similar organizations
(United States, Religion-Related, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.0% | 87.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.0% | 9.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.1 mo | 7.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.5% | 99.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
22.5% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
351.2% | 9.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-33.7% | 1.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $536K | $717K | $606K | 92.0% | 3 |
| 2022 | $438K | $159K | $786K | 77.3% | 2 |
| 2021 | $689K | $132K | N/A | — | 2 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.