Quick charity verification for Choose Life Ministries Inc (EIN: 202900418)
Verdict: Choose Life Ministries Inc appears trustworthy
85/100Mission Score
$93KRevenue
$73KAssets
1Red Flags
4Strengths
Red Flags
Fluctuating annual revenue, indicating potential reliance on inconsistent funding sources.
Strengths
Consistent 0% officer compensation, ensuring funds are directed to mission.
Elimination of liabilities in recent years (2022, 2023), indicating strong financial management.
Consistent growth in assets from $18,948 in 2020 to $80,269 in 2023.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Choose Life 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
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 Choose Life Ministries Inc
Is Choose Life Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Choose Life Ministries Inc (EIN: 202900418) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Choose Life Ministries Inc a good charity to donate to?
Choose Life Ministries Inc has a Mission Score of 85/100. Revenue: $93K. Assets: $73K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Choose Life Ministries Inc?
The Employer Identification Number (EIN) for Choose Life Ministries Inc is 202900418. 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 Choose Life Ministries Inc spend its money?
Choose Life Ministries Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Choose Life Ministries Inc's tax-exempt status?
You can verify Choose Life Ministries Inc's tax-exempt status using EIN 202900418 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
Choose Life Ministries Inc demonstrates a generally stable, albeit modest, financial profile. Over the past five years, revenues have fluctuated, ranging from a low of $62,585 in 2020 to a high of $138,591 in 2022. The organization consistently reports zero liabilities in its most recent filings (2022 and 2023), indicating a healthy balance sheet and responsible financial management. Their assets have shown growth, increasing from $18,948 in 2020 to $80,269 in 2023, suggesting a building of reserves or program capacity. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.
Spending efficiency appears to be a strength, particularly given the absence of officer compensation. While specific program, administrative, and fundraising breakdowns are not provided in the summary data, the overall financial health, marked by positive net assets and no liabilities in recent years, suggests that the organization is managing its expenses effectively relative to its revenue. The organization's consistent filing of IRS Form 990s over 13 periods further enhances its transparency.
Overall, Choose Life Ministries Inc appears to be a financially sound small nonprofit. Its consistent growth in assets, elimination of liabilities, and commitment to zero officer compensation reflect a well-managed and transparent operation. The fluctuating revenue, while not a red flag, indicates a need for continued fundraising efforts to ensure long-term sustainability and program expansion.