Peace Valley Ministries Inc

The information for Peace Valley Ministries Inc is as of the organization's most recent filing in December '19. This organization is located in Rolla, MO. It has been in existence for 5 years, following its founding in 2014.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

Peace Valley Ministries Inc's NTEE code is P99. The "P" tells us that the organization is classified along with Human Services. The "99" tells us that the major purpose of the organization is unclear enough that a more specific code cannot be accurately assigned. The NTEE describes organizations with this code as providing human services where the major purpose is unclear. Peace Valley Ministries Inc is also a 501(c)(3) organization, engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work. The mission of Peace Valley Ministries Inc is to help the people in Pulaski County Missouri and surrounding areas experience a relationship with Jesus Christ, to see His true light, and to know the life He offers.

Program Areas

The organization's program area focuses on helping the people in Pulaski County, Missouri, and surrounding areas to establish a relationship with Jesus Christ, the Prince of Peace. They aim to bring individuals to see His true light and experience the life He offers.

Board Governance

Peace Valley Ministries Inc appears to have a relatively small board of voting members, with only 4 individuals making decisions for the organization. However, it is positive to note that there are 7 independent members, which suggests a diverse range of perspectives and potentially reduces the likelihood of conflicts of interest. Additionally, the fact that potential conflicts of interest do not exist further strengthens the perception that the organization is governed well. The documentation of board and committee meetings is a positive sign, as it indicates transparency and accountability within the organization. However, it is concerning that Peace Valley Ministries Inc does not have a conflict of interest policy or require disclosure of conflicts. These policies are essential for ensuring that decisions made by the board are in the best interest of the organization and that potential conflicts are appropriately managed. Furthermore, the absence of a whistleblower policy, document retention policy, and substantiation and review of leadership and officer salaries raises questions about the organization's governance practices. These policies are crucial for promoting accountability and preventing any potential misuse of funds or unethical behavior. Overall, while Peace Valley Ministries Inc demonstrates some positive governance practices such as documenting meetings and having independent members, there are areas where improvement is needed. Implementing policies related to conflicts of interest, whistleblowing, document retention, and salary review would enhance the organization's governance and ensure it operates in a transparent and responsible manner.

Organization Growth

Peace Valley Ministries Inc has experienced a decrease in contributions and grants received from $519.0K in 2017 to $1.2K in 2019. However, their investment income has increased from $614 in 2017 to $943 in 2019. Despite the increase in investment income, the total revenue of the organization has decreased from $519.6K in 2017 to $2.1K in 2019. Additionally, the total expenses of Peace Valley Ministries Inc have increased from $18.6K in 2017 to $22.4K in 2019. Overall, based on the given data, it can be concluded that the nonprofit organization has not grown over the given time period, as there has been a decrease in contributions and grants received, a decrease in total revenue, and an increase in total expenses.