Frequent deficit spending (expenses exceeding revenue), as seen in 2023 and 2022 filings.
Strengths
Consistent asset growth, from $2,000 in 2016 to $107,044 in 2023.
No reported liabilities in recent years, indicating strong financial health.
0% officer compensation reported across all filings, demonstrating a commitment to mission-focused spending.
Consistent filing of IRS Form 990s over eight periods, indicating good transparency.
Spending Breakdown
How Double Portion 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 Double Portion Ministries Inc
Is Double Portion Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Double Portion Ministries Inc (EIN: 201816243) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is Double Portion Ministries Inc a good charity to donate to?
Double Portion Ministries Inc has a Mission Score of 80/100. Revenue: $166K. Assets: $56K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Double Portion Ministries Inc?
The Employer Identification Number (EIN) for Double Portion Ministries Inc is 201816243. 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 Double Portion Ministries Inc spend its money?
Double Portion Ministries Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Double Portion Ministries Inc's tax-exempt status?
You can verify Double Portion Ministries Inc's tax-exempt status using EIN 201816243 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
Double Portion Ministries Inc. demonstrates consistent revenue generation, averaging over $100,000 annually, with the latest reported revenue at $145,615 for the 202312 period. The organization has maintained a healthy asset growth trend, increasing from $2,000 in 2016 to $107,044 in 2023, with no reported liabilities in recent years, indicating sound financial management and solvency. However, the organization has frequently reported expenses exceeding revenue, such as in 2023 ($153,557 expenses vs. $145,615 revenue) and 2022 ($177,599 expenses vs. $162,301 revenue), which could lead to a depletion of reserves if not managed carefully over the long term. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust.
While specific program spending ratios are not detailed in the provided data, the absence of officer compensation is a positive indicator of efficiency. The organization's consistent filing of IRS Form 990s over eight periods demonstrates a commitment to transparency. The NTEE code X20 (Religious) often implies a focus on direct service or outreach, and the financial data suggests a stable, albeit sometimes deficit-spending, operation. The growth in assets without corresponding liabilities is a significant strength, providing a buffer against operational shortfalls.