Psalm One Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
This foundation exists to bring hope, healing & lasting change to individuals & families facing addiction, homelessness & personal crisis in Butler County, MO. As a Christ-centered organization, we are committed to restoring lives through practical support & compassionate care. Our mission is to empower people to rebuild their lives by providing local, personalized services that meet both immediate & long-term needs. Through our emergency food & clothing pantry, outpatient recovery program & community work program, we help individuals overcome barriers, develop essential life & job skills, & rediscover purpose. Central to our vision is the establishment of transitional housing for men & women emerging from recovery; safe, stable environments where they can grow in faith, accountability & independence as they prepare to reenter the community. Our goal is to plant people beside "streams of living water," helping them stand strong, bear fruit & flourish through God's transforming grace.
- Income
- $318,102
- Spending
- $258,895
- Spent on programs
- 96%
- Reserves
- 1.3 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 20
- Volunteers
- 35
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 71 out of 100. Higher than 52% of charities in its peer group (mental health, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 19% of income.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 48 out of 100. Higher than 18% of charities in its peer group (mental health, $250k to $1m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $247,452 spent. Revive Resale LLC was purchased to provide an income stream to the foundation along with a place for employment opportunities to those in addiction recovery programs. Individuals employed from these programs learn valuable job skills such as dealing with the public, running a register and maintaining a regular work schedule that will help them toward future employment goals. In this past year, we have employed 10 such individuals with 3 of those currently still on staff. Revenue is generated from resale of donated clothing and household items. This revenue is included on line 1f-All other contributions, gifts, grants and similar with these specific donations listed as noncash contributions on line 1g. This program also helped 38 homeless or needy individuals with clothing and/or food. Periodically, unsold items are donated to other nonprofit organizations.
- $452 spent. Bridge 2 Recovery is a faith-based program that assists people in overcoming their battles with addictions and personal life struggles. It is a 3-step program that guides individuals to connect with God, with others and with themselves through weekly studies in God's word. Through this study and the love, encouragement and support of others, individuals find help toward victory over their strongholds. The program began in April of 2025 with a small enrollment of 2 and is staffed with an average of 20 volunteers. We are currently running a weekly average of 35 with our largest weekly attendance of 58.
- $76 spent. Our benevolence account was started to help individuals with large or unexpected financial needs such as rent deposits, utilities, auto repairs, food, etc. This program was just recently started and has helped one individual with an electric bill.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.