AI Transparency Report
Get Real Ministries demonstrates consistent financial activity, with revenues generally fluctuating around the $100,000 - $180,000 range over the past decade. In the most recent filing (202312), the organization reported revenues of $107,208 against expenses of $125,963, indicating a deficit for the period. This trend of expenses exceeding revenue is also observed in 202212 and 201812. Despite these operational deficits in some years, the organization has maintained a positive asset base, growing from $20,098 in 201512 to $114,018 in 202312, with zero liabilities reported in the latest period, which is a strong indicator of financial stability. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean administrative structure, contributing to efficient use of funds.
The organization's spending efficiency appears strong given the lack of officer compensation, implying a high proportion of funds are directed towards its mission. While specific program spending percentages are not detailed in the provided data, the absence of executive salaries is a positive sign for donor confidence. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial operations. The low liability figures throughout its history further underscore a responsible financial management approach.
Overall, Get Real Ministries appears to be a financially stable organization with a strong commitment to transparency and efficient resource allocation, particularly highlighted by its volunteer leadership. While some years show operational deficits, the overall growth in assets and minimal liabilities suggest prudent long-term financial health.