Expenses ($110,850) exceeded revenue ($108,821) in the latest 2023 filing, indicating a net operating deficit.
Total assets have significantly declined from $62,793 in 2014 to $8,631 in 2023, reducing the organization's financial reserves.
Strengths
Consistent 0% officer compensation across all filings, indicating efficient use of funds and dedication to the mission.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Revenue has shown a positive growth trend over the long term, from $26,751 in 2010 to $108,821 in 2023.
No reported liabilities across all available filings, indicating a debt-free financial position.
Spending Breakdown
How Kingdom Ministries Inc 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 Kingdom Ministries Inc
Is Kingdom Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kingdom Ministries Inc (EIN: 204155515) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Kingdom Ministries Inc a good charity to donate to?
Kingdom Ministries Inc has a Mission Score of 75/100. Revenue: $106K. Assets: $5K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kingdom Ministries Inc?
The Employer Identification Number (EIN) for Kingdom Ministries Inc is 204155515. 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 Kingdom Ministries Inc spend its money?
Kingdom Ministries Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kingdom Ministries Inc's tax-exempt status?
You can verify Kingdom Ministries Inc's tax-exempt status using EIN 204155515 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
Kingdom Ministries Inc. demonstrates consistent, albeit modest, financial activity over its filing history. The organization's revenue has shown a general upward trend, from $26,751 in 2010 to $108,821 in 2023, indicating some growth in its operations. However, the latest filing for 2023 shows expenses ($110,850) slightly exceeding revenue ($108,821), resulting in a net deficit for that period. This suggests that while the organization is active, it may be operating on tight margins or drawing down reserves.
Regarding spending efficiency, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely assess program versus administrative spending. However, the consistent reporting of 0% officer compensation across all available filings is a strong indicator of efficient use of funds, as it suggests that leadership is either unpaid or compensated through non-reportable means, allowing more resources to be directed towards the mission. The organization's assets have fluctuated, peaking at $62,793 in 2014 and declining to $8,631 in 2023, which warrants attention as it indicates a reduction in financial reserves.
In terms of transparency, the organization has a consistent filing history with the IRS, providing public access to its financial data. The absence of reported liabilities across all filings is a positive sign of financial stability. However, the lack of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. The 0% officer compensation is a transparent and positive aspect of its financial management.