High and persistent level of liabilities relative to assets, ranging from $439,562 to $526,432 in recent years, which could indicate financial constraints or significant debt.
Strengths
Consistent positive net income in most years (e.g., $78,077 revenue vs. $74,535 expenses in 2022), indicating sound financial management.
0% officer compensation reported across all filings, demonstrating a commitment to directing funds towards the mission rather than executive salaries.
Long filing history (9 filings) indicates consistent compliance and transparency with IRS reporting requirements.
Spending Breakdown
How Holy Ghost Ministries allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Holy Ghost Ministries
Is Holy Ghost Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Holy Ghost Ministries (EIN: 202563515) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
Is Holy Ghost Ministries a good charity to donate to?
Holy Ghost Ministries has a Mission Score of 75/100. Revenue: $63K. Assets: $547K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Holy Ghost Ministries?
The Employer Identification Number (EIN) for Holy Ghost Ministries is 202563515. 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 Holy Ghost Ministries spend its money?
Holy Ghost Ministries allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Holy Ghost Ministries's tax-exempt status?
You can verify Holy Ghost Ministries's tax-exempt status using EIN 202563515 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
Holy Ghost Ministries, with an EIN of 202563515, demonstrates a consistent operational pattern over its filing history. The organization's revenue has fluctuated, peaking at $167,797 in 2020 and most recently reported at $78,077 in 2022. Expenses have generally tracked revenue, with a positive net income in most years, indicating financial stability. For instance, in 2022, revenue was $78,077 against expenses of $74,535, resulting in a surplus.
The organization's assets have shown a gradual decline from a peak of $599,528 in 2017 to $562,965 in 2022, while liabilities have remained substantial, ranging from $439,562 to $526,432 in recent years. This high proportion of liabilities relative to assets suggests a significant reliance on debt or restricted funds. A key strength in transparency is the consistent reporting of 0% officer compensation across all available filings, indicating that executive leadership is not drawing a salary from the organization's funds, which is a positive sign for donor confidence.
While specific program spending percentages are not detailed in the provided data, the consistent positive net income and the absence of officer compensation suggest a focus on mission. However, the high and persistent level of liabilities warrants further investigation to understand their nature and impact on the organization's long-term financial health and flexibility. The NTEE code X200 (Religious Organizations, Nec) is broad, and without more detailed expense breakdowns, it's challenging to fully assess spending efficiency beyond the overall financial health.