Quick charity verification for Bible Ministry Foundation Inc Of Usa (EIN: 112920409)
Verdict: Bible Ministry Foundation Inc Of Usa appears trustworthy
85/100Mission Score
$103KRevenue
$1.7MAssets
1Red Flags
5Strengths
Red Flags
NTEE Code is unknown, which can make it difficult to benchmark against similar organizations.
Strengths
Consistently reports 0% officer compensation, indicating strong commitment to mission.
Maintains a substantial asset base (e.g., $1,675,286 latest assets) relative to its operational size.
Consistently reports zero liabilities in most recent years, demonstrating strong financial solvency.
Significant increase in revenue in the latest filing period (2023 revenue of $230,895).
Expenses are well-managed and often significantly lower than revenue, particularly in 2023.
Spending Breakdown
How Bible Ministry Foundation Inc Of Usa allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Bible Ministry Foundation Inc Of Usa
Is Bible Ministry Foundation Inc Of Usa a legitimate charity?
Based on AI analysis of IRS 990 filings, Bible Ministry Foundation Inc Of Usa (EIN: 112920409) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Bible Ministry Foundation Inc Of Usa a good charity to donate to?
Bible Ministry Foundation Inc Of Usa has a Mission Score of 85/100. Revenue: $103K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bible Ministry Foundation Inc Of Usa?
The Employer Identification Number (EIN) for Bible Ministry Foundation Inc Of Usa is 112920409. 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 Bible Ministry Foundation Inc Of Usa spend its money?
Bible Ministry Foundation Inc Of Usa allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bible Ministry Foundation Inc Of Usa's tax-exempt status?
You can verify Bible Ministry Foundation Inc Of Usa's tax-exempt status using EIN 112920409 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
Bible Ministry Foundation Inc Of Usa demonstrates consistent financial stability with substantial assets relative to its annual revenue and expenses. The organization has maintained a healthy asset base, peaking at $1,675,286 in the latest filing period, while consistently reporting zero liabilities in most recent years, indicating strong financial management and solvency. Program spending efficiency appears to be a key strength, particularly in the 2023 period where expenses were $87,468 against revenue of $230,895, suggesting a significant portion of funds are directed towards its mission. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing resources to programmatic activities rather than executive salaries. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The organization's revenue has fluctuated, with a notable increase in 2023 to $230,895, which is a positive trend for its financial sustainability.