Is We Are One Ministries Inc Legit?

Quick charity verification for We Are One Ministries Inc (EIN: 10605273)

Verdict: We Are One Ministries Inc appears trustworthy

70/100Mission Score
$72KRevenue
$44KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

We Are One Ministries Inc operates on a relatively small scale, with recent annual revenues fluctuating around $70,000-$90,000. The organization demonstrates a consistent commitment to transparency, as evidenced by its regular IRS 990 filings over 13 periods. A notable strength is the complete absence of reported officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not disclosed as officer compensation, which can be a positive indicator of resource allocation directly to mission. However, the organization has frequently reported expenses exceeding revenue in recent years, such as in 2023 where expenses were $95,643 against revenues of $90,875, and in 2021 with $66,358 in expenses against $52,304 in revenue. This trend of deficit spending could impact long-term financial stability if not addressed. The organization's assets have also shown a declining trend from a high of $121,390 in 2015 to $56,958 in 2023, indicating a reduction in financial reserves.

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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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