Is Vibrant Faith Ministries Legit?

Quick charity verification for Vibrant Faith Ministries (EIN: 134236428)

Verdict: Vibrant Faith Ministries shows mixed signals

55/100Mission Score
$546KRevenue
$927KAssets
3Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Vibrant Faith Ministries allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
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 Vibrant Faith Ministries

Is Vibrant Faith Ministries a legitimate charity?

Based on AI analysis of IRS 990 filings, Vibrant Faith Ministries (EIN: 134236428) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.

Is Vibrant Faith Ministries a good charity to donate to?

Vibrant Faith Ministries has a Mission Score of 55/100. Revenue: $546K. Assets: $927K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Vibrant Faith Ministries?

The Employer Identification Number (EIN) for Vibrant Faith Ministries is 134236428. 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 Vibrant Faith Ministries spend its money?

Vibrant Faith Ministries allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Vibrant Faith Ministries's tax-exempt status?

You can verify Vibrant Faith Ministries's tax-exempt status using EIN 134236428 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

Vibrant Faith Ministries exhibits fluctuating financial health over the past decade, with revenues often not covering expenses. For example, in 2023, expenses of $1,187,093 significantly outpaced revenue of $946,471, leading to a deficit. This trend of expenses exceeding revenue is common across many years, such as 2022 ($915,433 expenses vs. $533,431 revenue) and 2021 ($1,187,208 expenses vs. $998,714 revenue). The organization's assets have also shown considerable variability, peaking at $1,922,884 in 2019 and dropping to $903,583 in 2023, while liabilities have seen a substantial increase in recent years, reaching $685,428 in 2023 from much lower levels in prior years. This indicates potential financial instability and reliance on reserves or other funding sources to cover operational costs. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operational deficits suggest that the current revenue streams are insufficient to sustain the organization's spending levels. The absence of reported officer compensation across all filings indicates a potential strength in minimizing executive overhead, or that compensation is structured differently and not reported in this category. The organization's transparency is generally good through its consistent 990 filings, but a more detailed functional expense breakdown would enhance understanding of its spending priorities. Overall, Vibrant Faith Ministries appears to be facing ongoing financial challenges with a pattern of spending exceeding income. While the lack of officer compensation is positive, the increasing liabilities and declining assets in recent periods warrant closer scrutiny. A strategic review of revenue generation and expense management would be beneficial to ensure long-term sustainability.

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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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