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Minnesota · Nonprofit

Prepare Ministries

Prepare Ministries (Minnesota) receives grants from 4 organizations whose IRS filings report $52,600 to it, the largest being DEUS SPES MEA FOUNDATION INC ($30,000). 2 of them have funded it in more than one year.

Revenue FY2024
$273k
Funders on record
4
Grants received
$53k
Net assets
$988k
2/4 repeat funderspeak grant-dependency 12%
01What it does

What Prepare Ministries does

Mission

Multi-denominational campus ministry organized to strengthen the spiritual lives of college students.

As stated on its FY2024 Form 990.

Programs

  1. Prepare held several conferences and events including the annual banquet, summer camel camp, regional retreats, fall conference, international mission trips, and more. In total, approximately 300 students attended.

    $70,831 spent$744 earned by the program
    60% of program spending
  2. Prepare held regular weekly meetings at five college campuses in the regions of Minnesota and Iowa. Additionaly, Prepare facilitated small groups and mentoring relationships outside of regular meetings. In total, approximately 300 students were benefitted.

    $47,219 spent
    40% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $118,050.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($211k) Expenses 100 ($161k) Net assets 100 ($328k)2018 Revenue 97 ($205k) Expenses 84 ($136k) Net assets 121 ($398k)2019 Revenue 0 ($0) Net assets 0 ($0)2020 Revenue 121 ($255k) Expenses 75 ($120k) Net assets 183 ($600k)2021 Revenue 114 ($241k) Expenses 77 ($124k) Net assets 219 ($718k)2022 Revenue 95 ($200k) Expenses 86 ($138k) Net assets 238 ($780k)2023 Revenue 110 ($232k) Expenses 90 ($145k) Net assets 265 ($868k)2024 Revenue 129 ($273k) Expenses 95 ($152k) Net assets 301 ($988k)
'17'18'19'20'21'22'23'24
Revenue (129)Expenses (95)Net assets (301)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $417k to $0 (−100%).

$354k
$417k
$0
$619k
$741k
$805k
$905k
$1.0M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

93% of Prepare Ministries’s revenue is contributions — about as donation-reliant as the typical peer (100% for the typical peer).

This organization
Typical peer · 15,288 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.

$51k
’17
$70k
’18
’19
$135k
’20
$117k
’21
$63k
’22
$88k
’23
$120k
’24
81
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Adam Johnson

Chair/Treasurer

As listed on its FY2024 Form 990.

2017201820202021202220232024
Listed6655555
Joined·+0·+0+0+0+0
No longer listed·0·0000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5k → $6k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Prepare Ministries’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Prepare Ministries leans on a few funders — its largest provides 57% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

57%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 89% · 2020 100% · 2023 83% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Prepare Ministries draws 100% of its grant income from funders outside Minnesota, across 2 states in all.

CA
FL

In-state vs out-of-state, by year

’17
’18
’20
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $600 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Prepare Ministries runs a healthier operating margin than three-quarters of the 12,816 religion nonprofits its size.

Operating margin44% · top quartile
Months of reserve81.3mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 12,816 religion nonprofits $100k–$1M, FY2024

Organizations like Prepare Ministries

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 22%Fundraising 0%

Governance

5
board members
80%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for Prepare Ministries: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Prepare Ministries?
Prepare Ministries (Minnesota) receives grants from 4 organizations whose IRS filings report $52,600 to it, the largest being DEUS SPES MEA FOUNDATION INC ($30,000). 2 of them have funded it in more than one year.
How many funders does Prepare Ministries have?
IRS filings report 4 organizations giving $52,600 in grants to Prepare Ministries, 2 of which have funded it in more than one year.
Who is the largest funder of Prepare Ministries?
DEUS SPES MEA FOUNDATION INC is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
How can an organization like Prepare Ministries find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing