Raising the Standards of God Ministry

EIN: 832153074 501(c)(3) Religion

Norfolk, VA

Total Revenue
$179,842
Total Expenses
$186,095
Total Assets
$130,538
Net Assets
$130,538
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
VA
Tax Period
2021-01-01 to 2021-12-31

Raising the Standards of God Ministry, founded in 2021, is a small nonprofit in the Religion sector that reported $180K in total revenue in fiscal year 2021.

Mission

Raising The Standards of God Ministry has been ordained by God to do an unprecedented work that has not been done before. We have stepped out of the box. We have repeatedly added faith to faith, power to power, and results to greater and greater results.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $175,996
Investment Income $0
Other Revenue $3,846
TOTAL REVENUE $179,842

Expense Breakdown

Grants Paid $16,341
Salaries & Benefits $49,033
Fundraising Expenses $0
Program Expenses $186,095
Other Expenses $120,721
TOTAL EXPENSES $186,095

Year-over-Year Comparison

2021 2020 Change
Revenue $179,842 N/A N/A
Expenses $186,095 N/A N/A
Net Income $-6,253 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
20

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$8,968
Total Directors
4
$0
Key Employees
1
$40,065
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William F Coston Pastor President 40.00
Key Emp
$40,065 $0 $40,065
N Coston Assistant Treasurer 8.00
Officer
$8,968 $0 $8,968
D Noble Director 4.00
Director
$0 $0 $0
E Crosby Director 4.00
Director
$0 $0 $0
G Duncan Treasurer 15.00
Director
$0 $0 $0
S Overton Secretary 4.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $179,842 $186,095 $130,538 $-6,253
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