Is Deepstream Ministries Inc Legit?

Quick charity verification for Deepstream Ministries Inc (EIN: 202278206)

Verdict: Deepstream Ministries Inc appears trustworthy

85/100Mission Score

$936KRevenue

$1.7MAssets

2Red Flags

4Strengths

Red Flags

Lack of detailed functional expense breakdown in provided data
Consistent reporting of 0% officer compensation for an organization of this size, which may obscure compensation practices

Strengths

Strong and growing asset base, reaching $1,626,388 in 2023
Consistent record of zero liabilities across recent filings, indicating strong financial management
Steady revenue growth over the past decade, from $815,541 in 2014 to $848,206 in 2023 (with fluctuations)
No reported officer compensation, suggesting resources are directed elsewhere

Spending Breakdown

How Deepstream 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

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 Deepstream Ministries Inc

Is Deepstream Ministries Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Deepstream Ministries Inc (EIN: 202278206) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Deepstream Ministries Inc a good charity to donate to?

Deepstream Ministries Inc has a Mission Score of 85/100. Revenue: $936K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Deepstream Ministries Inc?

The Employer Identification Number (EIN) for Deepstream Ministries Inc is 202278206. 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 Deepstream Ministries Inc spend its money?

Deepstream Ministries Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Deepstream Ministries Inc's tax-exempt status?

You can verify Deepstream Ministries Inc's tax-exempt status using EIN 202278206 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

Deepstream Ministries Inc demonstrates consistent financial stability with a healthy asset base relative to its revenue. Over the past decade, the organization has shown steady growth in revenue, reaching $848,206 in 2023, and maintains substantial assets, totaling $1,626,388 in the same year. A notable strength is the complete absence of liabilities reported in recent years, indicating strong financial management and a lack of debt burden. The organization's consistent reporting of 0% officer compensation across all available filings suggests a high degree of volunteer leadership or that compensation is covered by other means not disclosed as officer compensation, which can be a positive indicator of resource allocation directly to mission.

While the filings consistently show expenses closely tracking or slightly exceeding revenue in some years (e.g., 2023 expenses of $881,867 against revenue of $848,206), the substantial asset base provides a buffer. The NTEE code P46 (Religious, Spiritual, and Humanistic Education) suggests a focus on educational programs, and the financial data indicates resources are being deployed. However, without a detailed breakdown of expenses within the 990 data provided, it's challenging to precisely assess the efficiency of program spending versus administrative or fundraising costs. The consistent growth in assets over time, from $1,246,754 in 2014 to $1,626,388 in 2023, further underscores financial health.

Overall, Deepstream Ministries Inc appears to be a financially sound organization with a strong balance sheet and a commendable record of zero liabilities and officer compensation. To fully assess spending efficiency and transparency, a deeper dive into the functional expense breakdown (program, administrative, fundraising) would be beneficial, as this information is not explicitly provided in the summary data. However, the available data points to a well-managed entity with a focus on its mission.

View Full Transparency Report →

Disclaimer

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