Ministry Spotlight: Student Mobilization
Student Mobilization no longer releases 990s
This month, Student Mobilization, a 2019 Shining Light Award winner from MinistryWatch, now has a Donor Confidence Score of 52 (give with caution).
Staff photo from StuMo 2023 Annual Report
It also saw its transparency grade drop from A to C because it has not released a Form 990 since 2018.
It has retained its 5-star Financial Efficiency Rating as that rating is calculated on the most recent Form 990 in the MinistryWatch database.
According to Guidestar, Student Mobilization has re-classified itself as an “association of churches” and, under that status, is not required by the IRS to provide a Form 990. The ministry has joined a growing list of nonprofits that are reclassifying themselves as churches to avoid releasing financial information.
Student Mobilization’s 2023 Annual Report states that “audited financial statements are available upon request.” But audited financial statements do not show the full information of a Form 990—in particular, salary information for top executives of an organization.
The 2023 annual report shows the organization’s total revenue for that year was $27.5 million.
The ECFA also released limited financial data from 2020-2022 for the organization. Their information shows that, as of 2022, the ministry had $11 million in net assets.
Student Mobilization is a ministry that works with college students to help them “grow in their leadership, character, and faith.” It does this through small groups, mentoring, summer residency programs, and student conferences. It has more than 300 people on staff and works on 26 college campuses across the United States.
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The organization also has plans to build a campus in Florida called “Kaleo Home Base.” Its annual report states: “The goal of Kaleo Home Base is to transform our access to a strategic ministry environment from ‘uncertain and energy-consuming’ to ‘stable and synergizing.’ Kaleo Home Base – Phase 1 constructs 40 housing units on 12-and-a-half acres of land owned by StuMo in West Bay, Florida.”
As of 2023, it had $16 million committed to the project, and was fundraising $5 million more toward the campus.
MinistryWatch Donor Confidence Score: 52 (out of a possible 100) “Give with Caution”
MinistryWatch Financial Efficiency Rating: 0 Stars (out of a possible 5 Stars)
MinistryWatch Transparency Grade: C
ECFA Member? Yes
Revenue in Most Recent Year Available (2018 Form 990): $17,698,854
Five-Year Revenue Trend: Increasing (by about 331%)
Percent of Revenue Compassion Spends on Fundraising: 5%
Percent Peer Group Spends on Fundraising: 6%
CEO/President: Dave Riner
President’s Salary and Other Compensation: Has not been provided
A complete MinistryWatch profile for Student Mobilization can be found here.
Find recent MinistryWatch articles mentioning Student Mobilization here.
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