Very strong financial health with assets significantly exceeding liabilities (e.g., $19.8M assets vs. $90K liabilities in 2023).
Substantial accumulation of assets, growing from $66,614 in 2015 to $19,826,122 in 2023, demonstrating effective financial management.
Spending Breakdown
How Elijah List Ministries Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Elijah List Ministries Inc
Is Elijah List Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elijah List Ministries Inc (EIN: 161690199) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Elijah List Ministries Inc a good charity to donate to?
Elijah List Ministries Inc has a Mission Score of 85/100. Revenue: $22.4M. Assets: $19.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elijah List Ministries Inc?
The Employer Identification Number (EIN) for Elijah List Ministries Inc is 161690199. 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 Elijah List Ministries Inc spend its money?
Elijah List Ministries Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elijah List Ministries Inc's tax-exempt status?
You can verify Elijah List Ministries Inc's tax-exempt status using EIN 161690199 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
Elijah List Ministries Inc. demonstrates a remarkable growth trajectory, with revenue skyrocketing from $324,119 in 2015 to $18,270,088 in 2023. This rapid expansion is also reflected in its assets, which grew from $66,614 to $19,826,122 over the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency beyond the overall expense ratio.
The organization's financial health appears robust, with assets significantly exceeding liabilities in recent years. For instance, in 2023, assets were $19,826,122 against liabilities of $90,434, indicating a very strong balance sheet. The substantial increase in net assets over time suggests effective financial management and accumulation of resources. While the lack of detailed expense categorization in the provided data limits a granular analysis of spending efficiency, the consistent 0% officer compensation is a positive sign regarding transparency and resource allocation at the leadership level.
Given the rapid growth and substantial revenue, a more detailed public breakdown of functional expenses would further enhance transparency and allow for a clearer understanding of how funds are allocated across programs, administration, and fundraising. The current data primarily highlights overall financial growth and a commendable approach to executive compensation, but deeper insights into operational efficiency would require more granular expense reporting.