Religion-Related (X21) IRS Verified DX Registered 990 on File

LASSID MINISTRIES INC

EIN: 04-3698740 · MILWAUKEE, WI 53226-1507 · United States · FY 2023 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 66/100

Reliability (20%) 55/100

Effectiveness (25%) 93/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

The mission of the Convergence Resource Center (CRC) is to provides ancillary support for women rebuilding their lives after trauma with an emphasis on justice involved women and female survivors of human trafficking.

Financial Overview — FY 2023

$508K

Total Revenue

$519K

Total Expenses

$69K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 76.5%

Fundraising Efficiency 137.6%

Operating Reserve 1.60x

Liability-to-Asset 39.2%

Revenue Diversification 96.6%

Executive Compensation $142K

Compared with Peers

FY 2023

Compared with 11,882 similar organizations (United States, Religion-Related, $100K–$1M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	76.5%	87.2%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	19.7%	9.0%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	3.8%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	137.6%	12.5%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	1.6 mo	7.8 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	39.2%	0.6%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	96.6%	99.8%	P10P90	Above median
Revenue growth Year over year revenue growth	-13.9%	5.8%	P10P90
Expense growth Year over year expense growth	-17.0%	9.5%	P10P90
Surplus margin Surplus as a share of revenue	-2.1%	1.8%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$508K	$519K	$69K	76.5%	14
2022	$590K	$626K	$80K	74.6%	13
2021	$561K	$530K	N/A	—	13

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Organization Details

EIN: 04-3698740
State: WI
City: MILWAUKEE
ZIP: 53226-1507
Classification: X21
Category: Religion-Related
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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