Is C2 K Ministries Inc Legit?

Quick charity verification for C2 K Ministries Inc (EIN: 208383954)

Verdict: C2 K Ministries Inc appears trustworthy

70/100Mission Score
$170KRevenue
$42KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

C2 K Ministries Inc. demonstrates a consistent operational pattern, with revenues and expenses fluctuating but generally remaining within a similar range over the past nine years. The organization has reported zero officer compensation across all available filings, which is a significant indicator of either a volunteer-led executive team or compensation being reported under other expense categories. The latest filing (Period 202406) shows expenses exceeding revenue by approximately $30,000, continuing a trend seen in several prior years (e.g., 202306, 202206, 201906). This consistent deficit spending, while not immediately critical given the asset levels, warrants closer examination to understand its sustainability. Financial health appears stable but not robust, with assets fluctuating significantly, from a high of $104,305 in 202106 to a low of $12,127 in 201606, and currently at $18,116 as of 202406. The organization's liabilities have generally remained low, indicating good debt management. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely assess spending efficiency across programs, administration, and fundraising. However, the absence of reported officer compensation suggests a lean operational structure at the top. Transparency is good in terms of filing history, with nine consecutive filings available. The lack of reported officer compensation enhances transparency regarding executive pay, assuming all compensation is indeed zero or reported elsewhere. To fully assess spending efficiency, a more granular breakdown of expenses would be beneficial, which is not provided in the summary data. The organization's NTEE code X20 (Religious Organizations) often implies a focus on mission-related activities, but without specific program spending data, this remains an assumption.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages