Is Solid Rock Ministries Inc Legit?

Quick charity verification for Solid Rock Ministries Inc (EIN: 113711556)

Verdict: Solid Rock Ministries Inc appears trustworthy

75/100Mission Score
$92KRevenue
$130KAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Solid Rock Ministries Inc. demonstrates consistent financial transparency through its regular IRS 990 filings, with 13 filings available. The organization's financial health shows a trend of declining revenue and assets over the past several years, from a peak revenue of $188,977 in 2017 to $61,722 in 2023, and assets decreasing from $218,898 in 2017 to $144,649 in 2023. This indicates a shrinking operational scale. Spending efficiency appears to be maintained, with expenses generally tracking closely with revenue, though there have been periods where expenses exceeded revenue, such as in 2023 ($62,568 expenses vs. $61,722 revenue) and 2021 ($100,293 expenses vs. $89,164 revenue). The consistent reporting of zero officer compensation is a notable aspect of its financial structure, suggesting a volunteer-led or very lean administrative model.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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