Is Justfaith Ministries Inc Legit?

Quick charity verification for Justfaith Ministries Inc (EIN: 201377228)

Verdict: Justfaith Ministries Inc appears trustworthy

70/100Mission Score
$904KRevenue
$607KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Justfaith Ministries Inc allocates its funds across programs, administration, and fundraising.

75%
Program Spending
Healthy — majority goes to mission
15%
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 Justfaith Ministries Inc

Is Justfaith Ministries Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Justfaith Ministries Inc (EIN: 201377228) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Justfaith Ministries Inc a good charity to donate to?

Justfaith Ministries Inc has a Mission Score of 70/100. Revenue: $904K. Assets: $607K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Justfaith Ministries Inc?

The Employer Identification Number (EIN) for Justfaith Ministries Inc is 201377228. 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 Justfaith Ministries Inc spend its money?

Justfaith Ministries Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Justfaith Ministries Inc's tax-exempt status?

You can verify Justfaith Ministries Inc's tax-exempt status using EIN 201377228 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

Justfaith Ministries Inc has demonstrated a fluctuating financial performance over the past decade. While the organization reported a latest revenue of $904,222 and assets of $606,769, its recent filings show a trend of expenses exceeding revenue. For instance, in 2023, expenses were $922,014 against revenue of $632,887, and in 2022, expenses were $921,686 against revenue of $734,127. This indicates a reliance on prior year surpluses or other funding sources to cover operational costs, which could be a concern for long-term sustainability if not addressed. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice is commendable and suggests a lean operational structure at the leadership level. However, the consistent deficit spending in recent years warrants closer examination to understand the underlying causes and the organization's strategy for achieving financial equilibrium. Despite the recent financial deficits, the organization maintains a healthy asset base relative to its liabilities, with assets of $522,328 and liabilities of $130,086 in 2023. This suggests a degree of financial stability, but the trend of declining assets from a peak of $1,341,173 in 2014 to $522,328 in 2023, coupled with consistent deficit spending, indicates a need for strategic financial planning to reverse these trends and ensure the organization's continued impact.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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