Consistent reporting of zero assets and liabilities, which is highly unusual for an organization with significant annual revenue.
Lack of any reported officer compensation, raising questions about leadership structure or reporting practices.
Absence of a functional expense breakdown (program, admin, fundraising) in the provided data, hindering assessment of spending efficiency.
Significant revenue volatility, with a jump from $1,504 in 2020 to $471,441 in 2021, indicating potential instability in funding.
Limited financial transparency due to minimal detail provided in IRS 990 filings beyond total revenue and expenses.
Strengths
Consistent filing of IRS 990 forms, indicating compliance with basic reporting requirements.
All reported revenue is expended annually, suggesting no accumulation of idle funds.
No reported liabilities across all filings, indicating the organization is not carrying debt.
Spending Breakdown
How Gospel Tabernacle Outreach Ministries Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Gospel Tabernacle Outreach Ministries Inc
Is Gospel Tabernacle Outreach Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gospel Tabernacle Outreach Ministries Inc (EIN: 202515286) shows mixed signals. Mission Score: 40/100. 5 red flags identified, 3 strengths noted.
Is Gospel Tabernacle Outreach Ministries Inc a good charity to donate to?
Gospel Tabernacle Outreach Ministries Inc has a Mission Score of 40/100. Revenue: $406K. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gospel Tabernacle Outreach Ministries Inc?
The Employer Identification Number (EIN) for Gospel Tabernacle Outreach Ministries Inc is 202515286. 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 Gospel Tabernacle Outreach Ministries Inc spend its money?
Gospel Tabernacle Outreach Ministries Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gospel Tabernacle Outreach Ministries Inc's tax-exempt status?
You can verify Gospel Tabernacle Outreach Ministries Inc's tax-exempt status using EIN 202515286 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
Gospel Tabernacle Outreach Ministries Inc. consistently reports zero assets and zero liabilities across all available filings, including the latest period ending 202312. This indicates a 'pass-through' financial model where all revenue is expended within the same fiscal year, as evidenced by revenue consistently equaling expenses. While this can suggest efficient use of funds, the lack of any reported assets or liabilities, even minimal operational reserves, is highly unusual for an organization with annual revenues in the range of $392,476 to $471,441 in recent years. This financial structure, coupled with the absence of any reported officer compensation, raises questions about the operational stability and long-term sustainability, as well as the detailed breakdown of how funds are allocated if no reserves are built. The organization's NTEE code X20 (Religious) often allows for less stringent reporting requirements, which might contribute to the limited financial detail available.
The organization's spending efficiency is difficult to fully assess without a functional expense breakdown (program, administrative, fundraising). However, the consistent zero balance for assets and liabilities implies that all incoming funds are immediately disbursed. This could be interpreted as highly efficient in terms of not accumulating idle funds, but it also means there's no buffer for unexpected expenses or future growth initiatives. The absence of officer compensation reported across all filings suggests either a fully volunteer-run leadership or that compensation is structured in a way that isn't reported as such on the 990, which would be a transparency concern. The significant fluctuation in revenue, from $1,504 in 2020 to $471,441 in 2021, also points to potential instability or highly variable funding sources.
Transparency is a significant concern due to the lack of detailed financial information beyond total revenue and expenses. The consistent reporting of zero assets and liabilities, along with zero officer compensation, without further explanation, makes it challenging for donors and analysts to understand the organization's operational model, financial health, and how funds are truly being utilized. While the organization files its 990s, the data provided is minimal, limiting a comprehensive financial assessment.