Is Starfish Orphan Ministry Inc Legit? —…

Quick charity verification for Starfish Orphan Ministry Inc (EIN: 208407154)

Strengths

Consistent 0% officer compensation across all 13 available filings, indicating strong commitment to mission and efficient use of funds.
Significant growth in assets from $46,893 in 2015 to $475,494 in 2023, demonstrating long-term financial health and growth.
Healthy asset-to-liability ratio, with assets of $475,494 comfortably covering liabilities of $104,804 in 2023.
Long history of IRS 990 filings (13 periods), indicating strong transparency and compliance.
Positive net income in several years, such as 2022 (Revenue $376,615 > Expenses $340,045) and 2021 (Revenue $324,039 > Expenses $193,995), contributing to asset growth.

Spending Breakdown

How Starfish Orphan Ministry Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Starfish Orphan Ministry Inc

Is Starfish Orphan Ministry Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Starfish Orphan Ministry Inc (EIN: 208407154) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Starfish Orphan Ministry Inc a good charity to donate to?

Starfish Orphan Ministry Inc has a Mission Score of 90/100. Revenue: $547K. Assets: $531K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Starfish Orphan Ministry Inc?

The Employer Identification Number (EIN) for Starfish Orphan Ministry Inc is 208407154. 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 Starfish Orphan Ministry Inc spend its money?

Starfish Orphan Ministry Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Starfish Orphan Ministry Inc's tax-exempt status?

You can verify Starfish Orphan Ministry Inc's tax-exempt status using EIN 208407154 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

Starfish Orphan Ministry Inc demonstrates a generally stable financial position, with recent revenues fluctuating but maintaining a healthy asset base. In 2023, the organization reported revenues of $398,886 against expenses of $435,007, indicating a slight deficit for the year. However, its assets of $475,494 still comfortably exceed liabilities of $104,804, suggesting good financial solvency. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries.

The organization's spending efficiency appears to be strong, particularly given the absence of executive compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health and the lack of high executive pay suggest that a substantial portion of funds likely goes towards its charitable activities. The consistent filing of IRS Form 990s over 13 periods further enhances its transparency, allowing for public scrutiny of its financial operations. The growth in assets from $46,893 in 2015 to $475,494 in 2023, despite some yearly fluctuations, indicates effective financial management and growth over the long term.

Overall, Starfish Orphan Ministry Inc appears to be a financially sound and transparent organization. Its consistent financial reporting, healthy asset-to-liability ratio, and the notable absence of officer compensation contribute to a positive assessment of its financial health and commitment to its mission. While a detailed breakdown of spending categories would provide even greater insight, the available data points to a well-managed nonprofit.

Is Starfish Orphan Ministry Inc Legit?

Verdict: Starfish Orphan Ministry Inc appears trustworthy

Red Flags