Is Fishers Of Men Ministries Inc Legit? —…

Quick charity verification for Fishers Of Men Ministries Inc (EIN: 200534476)

Strengths

Consistent positive net income, with revenue exceeding expenses in most years (e.g., $544,134 revenue vs. $433,822 expenses in 2023).
Zero reported officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
Growing asset base, increasing from $276,767 in 2014 to $634,269 in 2023, demonstrating financial stability.
Very low liabilities, consistently under $1,000, reflecting strong fiscal management and minimal debt.
Consistent filing history of IRS Form 990s, showing commitment to transparency and compliance.

Spending Breakdown

How Fishers Of Men Ministries Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Fishers Of Men Ministries Inc

Is Fishers Of Men Ministries Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Fishers Of Men Ministries Inc (EIN: 200534476) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Fishers Of Men Ministries Inc a good charity to donate to?

Fishers Of Men Ministries Inc has a Mission Score of 95/100. Revenue: $513K. Assets: $648K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fishers Of Men Ministries Inc?

The Employer Identification Number (EIN) for Fishers Of Men Ministries Inc is 200534476. 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 Fishers Of Men Ministries Inc spend its money?

Fishers Of Men Ministries Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fishers Of Men Ministries Inc's tax-exempt status?

You can verify Fishers Of Men Ministries Inc's tax-exempt status using EIN 200534476 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

Fishers Of Men Ministries Inc demonstrates consistent financial health with a positive net income in most recent years, indicating effective management of resources. For example, in 2023, revenue was $544,134 against expenses of $433,822, resulting in a surplus. The organization's assets have also shown growth, increasing from $276,767 in 2014 to $634,269 in 2023, suggesting financial stability and capacity building. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.

Spending efficiency appears strong, particularly given the zero officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall expense ratios relative to revenue suggest a lean operation. For instance, in 2023, expenses were approximately 79.7% of revenue ($433,822 / $544,134), leaving a substantial portion for reinvestment or reserves. The organization's liabilities have consistently remained very low, often under $1,000, which is a positive sign of fiscal responsibility and minimal debt burden.

Transparency is excellent regarding executive compensation, as no officer compensation has been reported in any of the available filings. This practice aligns well with donor expectations for efficient use of contributions. The consistent filing of IRS Form 990s over many years also demonstrates a commitment to public accountability and compliance.

Is Fishers Of Men Ministries Inc Legit?

Verdict: Fishers Of Men Ministries Inc appears trustworthy