Quick charity verification for Solid Rock Ministries (EIN: 205263656)
Verdict: Solid Rock Ministries appears trustworthy
90/100Mission Score
$303KRevenue
$246KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth over the past decade, from $28,163 in 201412 to $126,347 in 202312.
Zero reported liabilities across all 13 filings, indicating strong financial stability and no debt.
0% officer compensation reported in all filings, suggesting highly efficient use of funds for mission-related activities.
Healthy asset accumulation, growing from $9,185 in 201412 to $76,864 in 202312.
Expenses generally kept below revenue, allowing for asset growth and financial resilience.
Spending Breakdown
How Solid Rock Ministries allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Solid Rock Ministries
Is Solid Rock Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Solid Rock Ministries (EIN: 205263656) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Solid Rock Ministries a good charity to donate to?
Solid Rock Ministries has a Mission Score of 90/100. Revenue: $303K. Assets: $246K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Solid Rock Ministries?
The Employer Identification Number (EIN) for Solid Rock Ministries is 205263656. 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 Solid Rock Ministries spend its money?
Solid Rock Ministries allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Solid Rock Ministries's tax-exempt status?
You can verify Solid Rock Ministries's tax-exempt status using EIN 205263656 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
Solid Rock Ministries demonstrates consistent financial growth over the past decade, with its latest reported revenue at $126,347 and assets at $76,864 for the 202312 period. The organization has maintained a healthy financial position with zero reported liabilities across all available filings, indicating strong fiscal management and no reliance on debt. Expenses have generally remained below revenue, allowing for asset accumulation.
The organization appears to be highly efficient in its spending, as evidenced by the consistent reporting of 0% officer compensation across all filings. This suggests that resources are primarily directed towards programmatic activities and operational costs rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the absence of executive compensation is a strong indicator of efficient resource allocation.
Transparency is good given the consistent filing of IRS Form 990s over 13 periods. The lack of liabilities and the growth in assets further contribute to a positive view of its financial health. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging, though the 0% officer compensation is a significant positive.