Quick charity verification for Barnabas Ministries (EIN: 10573990)
Verdict: Barnabas Ministries appears trustworthy
85/100Mission Score
$75KRevenue
$77KAssets
1Red Flags
3Strengths
Red Flags
Revenue and expenses fluctuate significantly year-to-year (e.g., revenue from $46,868 in 2020 to $184,317 in 2014), which could indicate inconsistent funding sources.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and high efficiency in directing funds to mission.
Long and consistent IRS 990 filing history (13 filings), demonstrating strong commitment to transparency.
Low liabilities relative to assets (e.g., $864 liabilities vs. $59,620 assets in 202312), suggesting good financial management.
AI Transparency Report
Barnabas Ministries operates as a relatively small nonprofit with fluctuating revenues, averaging around $80,000-$90,000 annually over the past decade. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the consistent reporting of expenses close to revenue suggests that the organization is spending its income each year. The asset base remains modest, typically under $80,000, indicating a lean operational structure. The organization's consistent filing history demonstrates a commitment to transparency through regular IRS reporting.