Quick charity verification for Bob Russell Ministries Inc (EIN: 204963036)
Verdict: Bob Russell Ministries Inc appears trustworthy
92/100Mission Score
$400KRevenue
$578KAssets
1Red Flags
4Strengths
Red Flags
Significant revenue volatility over the past decade, which could impact long-term planning.
Strengths
Consistent reporting of 0% officer compensation, indicating high dedication to mission.
Strong asset base relative to liabilities, demonstrating financial solvency.
Consistent IRS 990 filing history, indicating good transparency and compliance.
Expenses generally align closely with revenues, suggesting prudent financial management.
Spending Breakdown
How Bob Russell Ministries 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 Bob Russell Ministries Inc
Is Bob Russell Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bob Russell Ministries Inc (EIN: 204963036) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Bob Russell Ministries Inc a good charity to donate to?
Bob Russell Ministries Inc has a Mission Score of 92/100. Revenue: $400K. Assets: $578K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bob Russell Ministries Inc?
The Employer Identification Number (EIN) for Bob Russell Ministries Inc is 204963036. 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 Bob Russell Ministries Inc spend its money?
Bob Russell Ministries Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bob Russell Ministries Inc's tax-exempt status?
You can verify Bob Russell Ministries Inc's tax-exempt status using EIN 204963036 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
Bob Russell Ministries Inc. demonstrates a generally stable financial position, with assets consistently exceeding liabilities across the reported periods. In 2023, the organization reported revenues of $303,975 against expenses of $302,589, indicating a near break-even operation for that year. While revenue has fluctuated significantly over the past decade, from a high of $782,909 in 2016 to a low of $258,700 in 2019, the organization has maintained positive net assets. The consistent reporting of 0% officer compensation across all filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a strong indicator of financial health and donor trust. The organization's transparency is further bolstered by its consistent filing history, providing ample data for analysis.
The spending efficiency appears reasonable, especially given the 0% officer compensation. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to precisely quantify efficiency ratios. However, the close alignment of revenues and expenses in recent years (e.g., 2023: $303,975 revenue vs. $302,589 expenses) suggests careful financial management to avoid significant deficits or surpluses. The organization's NTEE code X21 (Religious Organizations) often implies a focus on direct ministry activities, which typically aligns with high program spending. The low liabilities relative to assets also point to sound financial management and a reduced risk profile.
Overall, Bob Russell Ministries Inc. appears to be a financially sound organization with a strong commitment to transparency, as evidenced by its consistent 990 filings and the absence of reported officer compensation. While revenue has seen some volatility, the organization has managed its expenses effectively to maintain a healthy asset base. Donors can be reasonably confident in the organization's financial stewardship.