Healthy operating margins in recent years (e.g., 2022 revenue $3.78M vs. expenses $3.59M).
Spending Breakdown
How Connect 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 Connect Ministries Inc
Is Connect Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connect Ministries Inc (EIN: 205576128) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Connect Ministries Inc a good charity to donate to?
Connect Ministries Inc has a Mission Score of 90/100. Revenue: $4.1M. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Connect Ministries Inc?
The Employer Identification Number (EIN) for Connect Ministries Inc is 205576128. 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 Connect Ministries Inc spend its money?
Connect Ministries Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Connect Ministries Inc's tax-exempt status?
You can verify Connect Ministries Inc's tax-exempt status using EIN 205576128 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
Connect Ministries Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $4,071,006 in latest reported revenue. The organization has also shown strong asset growth, reaching $3,150,403. A notable strength is the consistent reporting of 0% officer compensation across all available filings, indicating a commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its transparency and financial efficiency.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratios appear reasonable. For instance, in 2022, expenses were $3,597,056 against revenues of $3,788,038, suggesting a healthy operating margin. The organization's liabilities have fluctuated, with a significant increase in 2022 to $1,437,738, which warrants closer examination in the full 990 filing to understand its nature and impact on long-term financial stability. However, the overall financial health appears robust, supported by growing assets and a clear dedication to minimizing executive overhead.