Slight operational deficits in some years (e.g., 202306: Expenses $169,631 > Revenue $159,269)
Strengths
Consistent revenue stream over a decade (around $150,000-$160,000 annually)
Zero reported officer compensation, indicating high program efficiency
Low liabilities, demonstrating good financial management
Consistent IRS 990 filing history (13 filings), showing strong transparency
Expenses generally align closely with revenue, indicating responsible budgeting
Spending Breakdown
How Abounding Grace Biblical Counseling Ministry Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Abounding Grace Biblical Counseling Ministry Inc
Is Abounding Grace Biblical Counseling Ministry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Abounding Grace Biblical Counseling Ministry Inc (EIN: 20640178) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Abounding Grace Biblical Counseling Ministry Inc a good charity to donate to?
Abounding Grace Biblical Counseling Ministry Inc has a Mission Score of 92/100. Revenue: $153K. Assets: $28K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Abounding Grace Biblical Counseling Ministry Inc?
The Employer Identification Number (EIN) for Abounding Grace Biblical Counseling Ministry Inc is 20640178. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Abounding Grace Biblical Counseling Ministry Inc spend its money?
Abounding Grace Biblical Counseling Ministry Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Abounding Grace Biblical Counseling Ministry Inc's tax-exempt status?
You can verify Abounding Grace Biblical Counseling Ministry Inc's tax-exempt status using EIN 20640178 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Abounding Grace Biblical Counseling Ministry Inc operates on a relatively stable financial footing, with annual revenues consistently around $150,000-$160,000 over the past decade. The organization generally manages its expenses to align closely with its revenue, as seen in the 202306 period where expenses were $169,631 against revenues of $159,269, indicating a slight deficit. However, in other years like 202206, revenue ($161,124) exceeded expenses ($156,231), demonstrating a balanced approach. The organization's assets have fluctuated but remain modest, with $32,196 in assets as of the 202306 filing, suggesting a lean operational model without significant reserves. Liabilities are consistently low, typically around $2,500, indicating good financial management regarding debt.
The organization demonstrates strong spending efficiency, particularly in its program focus. With no reported officer compensation across all filings, it suggests that a very high percentage of its expenditures are directed towards its mission. This is a significant positive indicator for donors looking for organizations that maximize program delivery. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency, providing a clear historical record of its financial activities.
Overall, Abounding Grace Biblical Counseling Ministry Inc appears to be a financially sound and efficient small nonprofit. Its consistent revenue, controlled expenses, minimal liabilities, and lack of executive compensation highlight a strong dedication to its mission and responsible stewardship of funds. The slight operational deficits in some years are not alarming given the overall stability and modest scale of the organization.