AI Transparency Report
Kingdom Ministries demonstrates a fluctuating but generally positive financial trajectory over the past decade. While revenue has seen significant growth, reaching a peak of $471,196 in the latest period, the organization has experienced periods where expenses exceeded revenue, such as in 202212 where expenses were $264,618 against $174,784 in revenue. However, the most recent filing (202312) shows a healthy surplus with revenue of $320,752 and expenses of $318,273, indicating sound fiscal management in that period. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds directly for its mission, enhancing its transparency and public trust.
The organization's asset base has shown considerable growth, from $22,249 in 201412 to $375,883 currently, suggesting increasing financial stability. Liabilities have historically been very low or zero, further reinforcing a strong balance sheet. The absence of officer compensation across all reported periods is a significant strength, indicating that all funds are directed towards program delivery and operational costs rather than executive salaries. This commitment to volunteer leadership contributes positively to its spending efficiency and overall financial health.