Practical Shepherding INC EIN 46-1070095

Practical Shepherding INC FY2020 filing

EIN  46-1070095 Religious organization Louisville, KY
Form 990 (PDF)
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Size
$100K–1M
What they do
Trains and equips pastors globally with practical ministry resources.
Leadership
James Brian Croft · Founder/Exec · $50K
Money in and out
$218K revenue, $161K expenses
Bottom line
82% program efficiency

Trains and equips pastors globally with practical ministry resources. For fiscal year 2020 it reported $218K in revenue, $161K in expenses, and $95K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$218K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$95K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $57K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.17 Fundraising $0.01
Program efficiency
82%
of spending reaches programs
Operating runway
5.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+26%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$218K
FY2020
Expenses
$161K
FY2020
Total assets
$96K
FY2020
Total liabilities
$2K
FY2020
Total revenue
$218K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$95K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$57K
Total assetsPt X · Ln 16$96K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $131K of program spending, described in the organization's own filed words · FY2020.
01

To train and equip pastors worldwide with practical ministry resources.

$131Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPractical Shepherding INC
EINHdr · item D46-1070095
Principal addressHdr · item CLouisville, KY
WebsiteHdr · item Jwww.practicalshepherding.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founder/Exec
$50,000Pt VII · Sec A
Director-Ope
$35,000Pt VII · Sec A
$11,000Pt VII · Sec A
Director of
$2,750Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

James Brian Croft’s $114K as Founder/Exec Directo is at the 93rd percentile of top reported officer pay among 2136 $100K–1M 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
James Brian Croft$114,223$104,458$108,063$50,000
Matthew Spandler-Davison$67,083
Sean Corser$35,000
John Barrnett$11,000
Cara Croft$2,750

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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Statement of Revenue

Part VIII
Contributions & grants$212K · 97%
Other revenue$6K · 3%
Contributions & grants97%$212K
Other revenue3%$6K
Investment income$6
Total revenueLn 12$218K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.17 Fundraising $0.01
Program services82%$131K
Management & general17%$27K
Fundraising1%$2K
Total functional expensesLn 25$161K

Balance Sheet

Part X · end of year
CashLn 1$73K
Total assetsLn 16$96K
Total liabilitiesLn 26$2K
Total net assetsLn 32$95K
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $73K · Operating expenses/yr $161K
5.4 months
Where the money goes
Program services
Program services $131K · Total expenses $161K
82%
Management & General
Management & general $27K · Total expenses $161K
17%
Fundraising
Fundraising $2K · Total expenses $161K
1%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $212K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $212K · Total revenue $218K
97%
Government reliance
Government grants — · Total revenue $218K
Earned-income share
Program service revenue $0 · Total revenue $218K
0%
Investment reliance
Investment income $6 · Total revenue $218K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $161K
0%
Growth & trend
Revenue growth (YoY)
This year $218K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $95K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $218K · Expenses $161K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $96K
Net-asset ratio
Net assets $95K · Total assets $96K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $96K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James Brian Croft · Reported title FOUNDER/EXEC · Highest reported compensation $50K · Total expenses $161K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $113K · Total expenses $161K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 17%
Fundraising cost ratio 1%
Accounting fee ratio 2%

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 · funders on record
Grants received · FY2024
See all 5 funders →

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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
FY2024 (Latest)$720K revenue · ⤓ 990 PDF
FY2023$766K revenue · ⤓ 990 PDF
FY2022$407K revenue · ⤓ 990 PDF
FY2021not on file
FY2020$218K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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