Pulse Outreach EIN 20-5425332 Form 990 (PDF) Claim this org

Pulse Outreach

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Spreads knowledge of Jesus through evangelism. For fiscal year 2025 it reported $13.5M in revenue, $11.6M in expenses, and $14.2M in net assets.Pt I

Founded
2006
Type
Religious organization · Religion
Location
Minneapolis, MN
Website
www.pulse.org
Filings
6 on file (2020–2025)
Revenue
$13.5MFY2025
Expenses
$11.6M
Net assets
$14.2M
People
16
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-5425332 Religious organization Minneapolis, MN Founded 2006
Form 990 (PDF)
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Figures match the IRS filing checked 7/20/26 · see original: IRS
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Size
$10–100M
What they do
Spreads knowledge of Jesus through evangelism.
Leadership
Nick Hall · President · $206K
Money in and out
$13.5M revenue, $11.6M expenses
Bottom line
78% program efficiency
Where the money goes · FY2025
Total revenue
$13.5M
Pt VIII · Ln 12
Total expenses
$11.6M
Pt IX · Ln 25
Net assets
$14.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.0M
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.09 Fundraising $0.13
Program efficiency
78%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate▲ +4% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +136% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$13.5M
FY2025▲ +8%
Expenses
$11.6M
FY2025▼ -2%
Total assets
$14.7M
FY2025▲ +14%
Total liabilities
$461K
FY2025▼ -30%
Total revenue
$13.5M
Pt VIII · Ln 12
Total expenses
$11.6M
Pt IX · Ln 25
Net assets
$14.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.0M
Total assetsPt X · Ln 16$14.7M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPulse Outreach
EINHdr · item D20-5425332
Principal addressHdr · item CMinneapolis, MN
WebsiteHdr · item Jwww.pulse.org
Year of formationHdr · item L2006
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFJul 2025

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$206,320Pt VII · Sec A
VP of Donor Ministries & Director
$168,734Pt VII · Sec A
SR Director, Donor Ministries
$125,032Pt VII · Sec A
SR. Director, Donor Ministries
$123,899Pt VII · Sec A
Outreach Events Director
$105,527Pt VII · Sec A
SR Director, Ministry Strategy
$102,657Pt VII · Sec A
$82,500Pt VII · Sec A
VP of Finance & Ops
$75,617Pt VII · Sec A

Nick Hall’s $206K as President is at the 49th percentile of top reported officer pay among 224 $10–100M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Nick Hall$206,320$258,744$217,484$186,503$154,319$149,394
Justin Tennison$177,391$115,894$110,234
Karen Berg-Johnson$168,734$157,050$145,740$127,129
Ebony Small$159,544
John Oren$75,617$68,283$140,688$11,105
Leah Cacella$125,032
Joseph Trimble$123,899$115,916
Jacob Sullivan$105,527

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

2 program services account for $9.0M of program spending, described in the organization's own filed words · FY2024.
01

Through in-person and digital outreach events, nick hall and a team of emerging evangelists share the gospel across america and around the world, while rallying believers and the church to do the same.

$5.3Mprogram expense
02

We identify, train, and launch young evangelists who are passionate about making jesus known in their communities and beyond. Through programs like pulse 100, internships, the make jesus known evangelism training, and our in-development school of evangelism, we're investing in the future of the church and the future of…

$3.7Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$13.5M · 100%
Program service revenue$214K · 2%
Investment income$79K · 1%
Contributions & grants100%$13.5M
Program service revenue2%$214K
Investment income1%$79K
Total revenueLn 12$13.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.09 Fundraising $0.13
Program services78%$9.0M
Management & general9%$1.0M
Fundraising13%$1.6M
Total functional expensesLn 25$11.6M

Balance Sheet

Part X · end of year
CashLn 1$2.2M
Total assetsLn 16$14.7M
Total liabilitiesLn 26$461K
Total net assetsLn 32$14.2M
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.2M · Operating expenses (Pt IX) $11.6M · Less non-cash grants $737K · Cash operating expenses/yr $10.8M
2.5 months
Where the money goes
Program services
Program services $9.0M · Total expenses $11.6M
78%
Management & General
Management & general $1.0M · Total expenses $11.6M
9%
Fundraising
Fundraising $1.6M · Total expenses $11.6M
13%
Cost to raise $1
Fundraising expense (3-yr avg) $1.7M · Solicited contributions (3-yr avg) $12.7M
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $13.5M · Total revenue $13.5M
100%
Government reliance
Government grants — · Total revenue $13.5M
Earned-income share
Program service revenue $214K · Total revenue $13.5M
2%
Investment reliance
Investment income $79K · Total revenue $13.5M
+0.6%
Program self-sufficiency
Program service revenue $214K · Total expenses $11.6M
2%
Growth & trend
Revenue growth (YoY)
This year $13.5M · Prior year $12.5M
+8%
Revenue CAGR
FY2019 $12.5M · FY2024 $13.5M
+2%
Net-asset trend (YoY)
End of year $14.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $13.5M · Expenses $11.6M
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $14.7M
Net-asset ratio
Net assets $14.2M · Total assets $14.7M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $14.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nick Hall · Reported title PRESIDENT · Highest reported compensation $206K · Total expenses $11.6M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4.8M · Total expenses $11.6M
41%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $170K · Gross raised $3.6M
5%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 9%
Fundraising cost ratio 11%
Revenue growth 8%
Legal fee ratio 0.5%
Accounting fee ratio 0.2%
Fundraising fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 18 funders →
Grants paid · 9 grants · $114K · 2019–2023
Life CenterMN · FY2023$10,000
Trans4mation MinistriesFY2022$18,850
Border PerspectiveMN · FY2021$40,000
Life Action MinistriesMI · FY2020$5,000
How to Life MovementIL · FY2020$5,000
Life Action MinistriesMI · FY2019$10,000
& CampaignFY2019$10,000
Churches Helping ChurchesIL · FY2019$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$13.5M revenue · viewing · ⤓ 990 PDF
FY2024$12.5M revenue · ⤓ 990 PDF
FY2023$11.3M revenue · ⤓ 990 PDF
FY2022$21.1M revenue · ⤓ 990 PDF
FY2021$6.0M revenue · ⤓ 990 PDF
FY2020$12.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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