Is Overcoming Love Ministries Inc Legit?

Quick charity verification for Overcoming Love Ministries Inc (EIN: 112774575)

Verdict: Overcoming Love Ministries Inc shows mixed signals

45/100Mission Score
$1.9MRevenue
$2.2MAssets
4Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Overcoming Love 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 Overcoming Love Ministries Inc

Is Overcoming Love Ministries Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Overcoming Love Ministries Inc (EIN: 112774575) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Overcoming Love Ministries Inc a good charity to donate to?

Overcoming Love Ministries Inc has a Mission Score of 45/100. Revenue: $1.9M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Overcoming Love Ministries Inc?

The Employer Identification Number (EIN) for Overcoming Love Ministries Inc is 112774575. 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 Overcoming Love Ministries Inc spend its money?

Overcoming Love Ministries Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Overcoming Love Ministries Inc's tax-exempt status using EIN 112774575 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

Overcoming Love Ministries Inc. demonstrates a concerning trend of operating deficits, with expenses consistently exceeding revenue in recent years. For example, in 2023, expenses were $2,460,081 against revenues of $2,021,251, and in 2022, expenses were $3,090,342 against revenues of $2,856,644. This sustained deficit spending has led to a notable decline in assets, from a peak of $5,228,708 in 2014 to $2,678,618 in 2023. While the organization reports 0% officer compensation, which is a positive for resource allocation, the lack of detailed NTEE code information and the consistent financial losses raise questions about long-term sustainability and operational efficiency. The organization's transparency regarding its program spending breakdown is not available in the provided data, making it difficult to fully assess spending efficiency beyond the overall deficit.

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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