Quick charity verification for Dare For More Ministries Inc (EIN: 205648351)
Verdict: Dare For More Ministries Inc appears trustworthy
95/100Mission Score
$1.6MRevenue
$827KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed spending breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis challenging.
Strengths
Consistent and significant revenue growth over the past decade, from $74,629 in 2014 to $1,107,987 in 2023.
Zero officer compensation reported across all 13 filings, indicating a strong commitment to directing funds to mission.
Healthy asset-to-liability ratio, with $693,553 in assets against $41,600 in liabilities in 2023, demonstrating strong financial health.
Consistent surplus of revenue over expenses in most recent years (e.g., $1,107,987 revenue vs. $996,487 expenses in 2023).
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Spending Breakdown
How Dare For More 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 Dare For More Ministries Inc
Is Dare For More Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dare For More Ministries Inc (EIN: 205648351) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Dare For More Ministries Inc a good charity to donate to?
Dare For More Ministries Inc has a Mission Score of 95/100. Revenue: $1.6M. Assets: $827K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dare For More Ministries Inc?
The Employer Identification Number (EIN) for Dare For More Ministries Inc is 205648351. 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 Dare For More Ministries Inc spend its money?
Dare For More Ministries Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dare For More Ministries Inc's tax-exempt status?
You can verify Dare For More Ministries Inc's tax-exempt status using EIN 205648351 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
Dare For More Ministries Inc has demonstrated significant growth in recent years, with revenue increasing from $74,629 in 2014 to $1,107,987 in 2023. This growth is accompanied by a healthy financial position, as evidenced by its latest assets of $693,553 against liabilities of $41,600, indicating strong solvency. The organization consistently reports 0% officer compensation across all available filings, which is a notable indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances its transparency and trustworthiness.
The organization's spending efficiency appears strong, with expenses generally well below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $996,487 against revenues of $1,107,987, resulting in a surplus. The consistent reporting of no officer compensation suggests a high proportion of funds are likely allocated to program services and operational costs directly supporting its mission. This financial discipline, combined with its growth trajectory, paints a picture of a well-managed and financially sound nonprofit.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a strong positive signal regarding transparency and resource allocation. The consistent filing of IRS 990s over 13 periods also demonstrates a commitment to regulatory compliance and public accountability. Overall, Dare For More Ministries Inc appears to be a financially healthy and efficiently run organization, with a clear focus on its mission.