Is Spirit Of Truth Ministries Shreveport Inc Legit?
Quick charity verification for Spirit Of Truth Ministries Shreveport Inc (EIN: 203246790)
Verdict: Spirit Of Truth Ministries Shreveport Inc appears trustworthy
92/100Mission Score
$151KRevenue
$106KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in summary data
Strengths
Consistent 0% officer compensation
Strong and consistent asset growth (from $33,513 in 2017 to $132,266 in 2023)
Minimal to zero liabilities reported in recent years
Consistent filing of IRS Form 990s (14 filings)
Revenues generally exceeding expenses, contributing to financial stability
Spending Breakdown
How Spirit Of Truth Ministries Shreveport Inc 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 Spirit Of Truth Ministries Shreveport Inc
Is Spirit Of Truth Ministries Shreveport Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spirit Of Truth Ministries Shreveport Inc (EIN: 203246790) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Spirit Of Truth Ministries Shreveport Inc a good charity to donate to?
Spirit Of Truth Ministries Shreveport Inc has a Mission Score of 92/100. Revenue: $151K. Assets: $106K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Spirit Of Truth Ministries Shreveport Inc?
The Employer Identification Number (EIN) for Spirit Of Truth Ministries Shreveport Inc is 203246790. 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 Spirit Of Truth Ministries Shreveport Inc spend its money?
Spirit Of Truth Ministries Shreveport Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Spirit Of Truth Ministries Shreveport Inc's tax-exempt status?
You can verify Spirit Of Truth Ministries Shreveport Inc's tax-exempt status using EIN 203246790 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
Spirit Of Truth Ministries Shreveport Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $120,000 to $190,000 over the past decade. The organization has shown a positive trend in asset growth, increasing from $33,513 in 2017 to $132,266 in 2023, indicating sound financial management and accumulation of resources. Liabilities have consistently been reported as zero or negligible in recent years, suggesting a healthy balance sheet and no significant debt burden.
The organization's spending efficiency appears strong, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This indicates that leadership is not drawing salaries, which can free up more funds for programmatic activities. While specific program spending percentages are not detailed in the provided summary, the absence of officer compensation is a positive indicator for donor confidence regarding how funds are utilized. The organization's NTEE code X21 (Religious Activities) suggests a focus on religious programs.
Transparency is high given the consistent filing of IRS Form 990s over 14 periods, providing a clear historical financial record. The consistent reporting of zero officer compensation is a key transparency point, clearly demonstrating that executive leadership is not compensated. This level of financial clarity, combined with a healthy asset growth and minimal liabilities, paints a picture of a financially stable and responsibly managed nonprofit.