Is Greater Praise Tabernacle International Fellowship Ministrie Legit?
Quick charity verification for Greater Praise Tabernacle International Fellowship Ministrie (EIN: 141985058)
Verdict: Greater Praise Tabernacle International Fellowship Ministrie has notable concerns
35/100Mission Score
$202KRevenue
$1Assets
4Red Flags
1Strengths
Red Flags
Expenses ($403,700) significantly exceeded revenue ($201,850) in the latest filing period (202012).
Consistent reporting of only $1 in assets, which is highly unusual for an organization with significant financial activity.
Lack of detailed expense breakdown in the provided data makes it difficult to assess spending efficiency.
Significant financial instability indicated by the large deficit in the most recent period.
Strengths
No officer compensation reported in either filing period, indicating resources are not used for executive salaries.
Spending Breakdown
How Greater Praise Tabernacle International Fellowship Ministrie 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 Greater Praise Tabernacle International Fellowship Ministrie
Is Greater Praise Tabernacle International Fellowship Ministrie a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Praise Tabernacle International Fellowship Ministrie (EIN: 141985058) has notable concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.
Is Greater Praise Tabernacle International Fellowship Ministrie a good charity to donate to?
Greater Praise Tabernacle International Fellowship Ministrie has a Mission Score of 35/100. Revenue: $202K. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Praise Tabernacle International Fellowship Ministrie?
The Employer Identification Number (EIN) for Greater Praise Tabernacle International Fellowship Ministrie is 141985058. 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 Greater Praise Tabernacle International Fellowship Ministrie spend its money?
Greater Praise Tabernacle International Fellowship Ministrie allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater Praise Tabernacle International Fellowship Ministrie's tax-exempt status?
You can verify Greater Praise Tabernacle International Fellowship Ministrie's tax-exempt status using EIN 141985058 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
Greater Praise Tabernacle International Fellowship Ministrie exhibits concerning financial trends based on its latest available IRS 990 data. In the 202012 period, the organization reported revenues of $201,850 but incurred expenses of $403,700, indicating a significant deficit where expenses were double the income. This level of spending beyond revenue is unsustainable and raises questions about how these expenses were covered, especially given the reported assets of only $1 and liabilities of $1. While the prior period (201912) showed revenues matching expenses at $216,600, the subsequent period's substantial deficit is a major red flag for financial health.
The organization's transparency is limited by the available data, particularly regarding the breakdown of its expenses. Without more detailed information on program, administrative, and fundraising costs, it's difficult to assess spending efficiency. The consistent reporting of minimal assets ($1) across both periods, despite significant revenue and expenses, is unusual for an organization handling hundreds of thousands of dollars. The lack of reported officer compensation in both periods is a positive note regarding executive pay, but the overall financial picture suggests instability rather than robust health or efficient operation.