Quick charity verification for Rose Of Sharon Faith Ministries (EIN: 204723359)
Verdict: Rose Of Sharon Faith Ministries appears trustworthy
70/100Mission Score
$743KRevenue
$83KAssets
2Red Flags
3Strengths
Red Flags
Consistently minimal reported assets ($1,000 or less) despite substantial revenue growth (e.g., $936,664 in 2021), which is unusual.
0% reported officer compensation across all filings, which could indicate a lack of transparency if compensation is being paid but not reported under this specific line item.
Strengths
Consistent filing of IRS Form 990s, indicating compliance and transparency in reporting.
Revenue generally exceeds expenses in recent periods (e.g., $936,664 revenue vs. $652,058 expenses in 2021), suggesting operational sustainability.
Significant growth in revenue from 2014 ($17,792) to 2021 ($936,664), indicating increased support or activity.
Spending Breakdown
How Rose Of Sharon Faith Ministries allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Rose Of Sharon Faith Ministries
Is Rose Of Sharon Faith Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Rose Of Sharon Faith Ministries (EIN: 204723359) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Rose Of Sharon Faith Ministries a good charity to donate to?
Rose Of Sharon Faith Ministries has a Mission Score of 70/100. Revenue: $743K. Assets: $83K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rose Of Sharon Faith Ministries?
The Employer Identification Number (EIN) for Rose Of Sharon Faith Ministries is 204723359. 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 Rose Of Sharon Faith Ministries spend its money?
Rose Of Sharon Faith Ministries allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rose Of Sharon Faith Ministries's tax-exempt status?
You can verify Rose Of Sharon Faith Ministries's tax-exempt status using EIN 204723359 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
Rose Of Sharon Faith Ministries demonstrates a fluctuating financial history, with a significant increase in revenue and expenses in recent years compared to earlier filings. For instance, revenue jumped from $17,792 in 2014 to $936,664 in 2021. Despite this growth, the organization consistently reports minimal assets and liabilities, often at $1,000 or less, which is unusual for an organization with nearly a million dollars in annual revenue. This could indicate a pass-through funding model or a lack of significant capital accumulation, but it also raises questions about the completeness of asset reporting.
The organization's spending efficiency appears reasonable based on the available data, with expenses generally lower than revenue in recent periods, suggesting operational sustainability. However, without a detailed breakdown of expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The consistent reporting of 0% officer compensation across all available filings is a notable point regarding executive remuneration, indicating either a volunteer-led executive team or compensation being reported under other expense categories, which would impact transparency.
Transparency is somewhat limited by the lack of detailed expense categorization in the provided summary. While the consistent filing of IRS Form 990s is a positive indicator of compliance, the minimal asset reporting alongside substantial revenue warrants further investigation to fully understand the organization's financial structure and resource management. The absence of reported officer compensation is a significant transparency factor, as it can be interpreted positively (volunteer leadership) or negatively (lack of disclosure if compensation exists elsewhere).