Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
Highly inconsistent revenue and expense patterns over the years, making financial stability difficult to assess (e.g., 2019 expenses $14,763 vs. revenue $4,900; 2020 revenue $2,901 vs. expenses $665).
Significant negative net assets in some years (e.g., 2016 assets $3,833 vs. liabilities $4,902).
Strengths
Consistent 0% officer compensation, suggesting a volunteer-driven model or very modest operational costs.
Consistent filing of IRS Form 990s, indicating adherence to basic compliance requirements over a long period.
Spending Breakdown
How Impact 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 Impact Ministries Inc
Is Impact Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Impact Ministries Inc (EIN: 203420156) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Impact Ministries Inc a good charity to donate to?
Impact Ministries Inc has a Mission Score of 45/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Impact Ministries Inc?
The Employer Identification Number (EIN) for Impact Ministries Inc is 203420156. 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 Impact Ministries Inc spend its money?
Impact Ministries Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Impact Ministries Inc's tax-exempt status?
You can verify Impact Ministries Inc's tax-exempt status using EIN 203420156 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
Impact Ministries Inc. appears to be a very small, community-based organization with highly fluctuating financial activity. The organization reported $0 in revenue and assets in its latest filing, which is a significant drop from previous years where revenue ranged from $2,901 to $60,440. This suggests a potential dormancy or a significant change in operations. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the overall revenue and expense figures. For example, in 2019, expenses ($14,763) significantly exceeded revenue ($4,900), while in 2020, revenue ($2,901) was much higher than expenses ($665). This inconsistency makes it challenging to determine a stable financial pattern.
The organization consistently reports 0% officer compensation across all filings, which indicates a volunteer-led structure or that compensation falls below reporting thresholds. While this can be a positive sign for donor confidence, the overall financial instability and the recent report of zero activity raise concerns about its ongoing viability and impact. Without more detailed expense categories (program, administrative, fundraising), a comprehensive assessment of spending efficiency and program focus is limited. The organization's transparency is moderate, as it consistently files its 990s, but the lack of detailed financial information in the summary provided restricts deeper analysis.