Is Barnabas Ministries Inc Legit?

Spending Breakdown

How Barnabas Ministries Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Barnabas Ministries Inc

Is Barnabas Ministries Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Barnabas Ministries Inc (EIN: 161722368) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Barnabas Ministries Inc a good charity to donate to?

Barnabas Ministries Inc has a Mission Score of 75/100. Revenue: $45K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Barnabas Ministries Inc?

The Employer Identification Number (EIN) for Barnabas Ministries Inc is 161722368. 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 Barnabas Ministries Inc spend its money?

Barnabas Ministries Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Barnabas Ministries Inc's tax-exempt status?

You can verify Barnabas Ministries Inc's tax-exempt status using EIN 161722368 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

Barnabas Ministries Inc. operates on a relatively small scale, with recent annual revenues hovering around $40,000-$50,000. The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of volunteer-led operations and a commitment to minimizing administrative overhead related to executive salaries. However, the organization has frequently reported expenses exceeding revenue in recent years, such as in 2023 ($45,761 expenses vs. $44,403 revenue) and 2022 ($54,098 expenses vs. $53,325 revenue), leading to a gradual decline in assets from a high of $49,797 in 2016 to $35,886 in 2023. This trend suggests a need for improved financial sustainability or increased fundraising efforts to cover operational costs.

The financial health, while stable in terms of asset base, shows a pattern of deficit spending in most recent years. The absence of officer compensation is a significant positive for spending efficiency, implying that a large portion of funds, after covering basic operational costs, likely goes towards program services. The organization's transparency is good, with consistent annual filings available. However, the small scale of operations and the consistent deficit spending in recent years warrant attention to ensure long-term viability and program delivery.

Verdict: Barnabas Ministries Inc appears trustworthy

Red Flags

Strengths