Abiding Above Ministries Inc
Abiding Above Ministries consistently directs 100% of expenses to programs, administration, and fundraising, with no officer compensation reported.
EIN: 161686824 · Cordova, TN · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $315K |
| Total Expenses | $276K |
| Program Spending | 90% |
| Net Assets | $364K |
| Transparency Score | 92/100 |
Is Abiding Above Ministries Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Abiding Above Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Abiding Above Ministries Inc
Abiding Above Ministries Inc (EIN: 161686824) is a nonprofit organization based in Cordova, TN, classified under NTEE code X20. The organization reported total revenue of $315K and total assets of $409K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abiding Above Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abiding Above Ministries Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $322K |
| Total Expenses | $276K |
| Surplus / Deficit | +$45K |
| Total Assets | $365K |
| Total Liabilities | $938 |
| Net Assets | $364K |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 15.8 months |
Financial Health Grade: A
In 2023, Abiding Above Ministries Inc reported a surplus of $45K with revenue exceeding expenses, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Abiding Above Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.8% | -6.6% | +16.5% |
| 2022 | +13.4% | +16.3% | +33.6% |
| 2021 | +0.5% | +14.0% | +56.8% |
| 2020 | +70.0% | -1.1% | +411.8% |
| 2019 | +2.7% | +19.4% | -46.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abiding Above Ministries Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Abiding Above Ministries Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Abiding Above Ministries Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Abiding Above Ministries Inc:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in directing funds.
- Significant asset growth from $11,362 in 2014 to $364,929 in 2023, demonstrating strong financial management.
- Healthy financial surpluses reported in most years, such as $45,309 in 2023 ($321,697 revenue - $276,388 expenses).
- Low liabilities relative to assets, indicating sound financial health and minimal debt burden.
- Consistent revenue growth over the past decade, showing increasing support and sustainability.
Frequently Asked Questions about Abiding Above Ministries Inc
Is Abiding Above Ministries Inc a legitimate charity?
Abiding Above Ministries Inc (EIN: 161686824) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $315K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Abiding Above Ministries Inc spend its money?
Abiding Above Ministries Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Abiding Above Ministries Inc tax-deductible?
Abiding Above Ministries Inc is registered as a tax-exempt nonprofit (EIN: 161686824). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Abiding Above Ministries Inc's spending goes to programs?
Abiding Above Ministries Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Abiding Above Ministries Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Abiding Above Ministries Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Abiding Above Ministries Inc located?
Abiding Above Ministries Inc is headquartered in Cordova, Tennessee and files with the IRS under EIN 161686824. It is classified under NTEE code X20.
How many years of IRS 990 filings does Abiding Above Ministries Inc have?
Abiding Above Ministries Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $315K in total revenue.
Is Abiding Above Ministries Inc a good charity?
Based on its financial filings, Abiding Above Ministries Inc appears to be a good charity. It consistently reports 0% officer compensation, maintains healthy surpluses, and has shown significant asset growth, indicating strong financial management and a focus on its mission.
How has Abiding Above Ministries Inc's revenue trended over the last decade?
Abiding Above Ministries Inc has shown substantial revenue growth, increasing from $88,369 in 2014 to $321,697 in 2023, demonstrating a strong upward trend in financial support.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, meaning no salaries are paid to its officers, which is a highly transparent and efficient use of funds.
Filing History
IRS 990 filing history for Abiding Above Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Abiding Above Ministries Inc's revenue has grown by 142.5%, moving from $133K to $322K. Total assets increased by 3887% over the same period, from $9K to $365K. Total functional expenses rose by 111.8%, from $130K to $276K. In its most recent filing year (2023), Abiding Above Ministries Inc reported a surplus of $45K, with revenue exceeding expenses. The organization holds $938 in liabilities against $365K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $364K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $322K | $276K | $365K | $938 | — | — |
| 2022 | $387K | $296K | $313K | $-5,594 | — | View 990 |
| 2021 | $341K | $254K | $234K | $7K | — | View 990 |
| 2020 | $340K | $223K | $150K | $9K | — | — |
| 2019 | $200K | $225K | $29K | $5K | — | View 990 |
| 2018 | $195K | $189K | $55K | $5K | — | View 990 |
| 2017 | $83K | $86K | $47K | $3K | — | View 990 |
| 2016 | $122K | $85K | $48K | $1K | — | View 990 |
| 2015 | $84K | $82K | $13K | $2K | — | View 990 |
| 2014 | $88K | $90K | $11K | $2K | — | View 990 |
| 2013 | $90K | $92K | $12K | $2K | — | View 990 |
| 2012 | $106K | $100K | $15K | $2K | — | View 990 |
| 2011 | $133K | $130K | $9K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $322K, expenses of $276K, and assets of $365K (revenue -16.8% year-over-year).
- 2022: Revenue of $387K, expenses of $296K, and assets of $313K (revenue +13.4% year-over-year).
- 2021: Revenue of $341K, expenses of $254K, and assets of $234K (revenue +0.5% year-over-year).
- 2020: Revenue of $340K, expenses of $223K, and assets of $150K (revenue +70.0% year-over-year).
- 2019: Revenue of $200K, expenses of $225K, and assets of $29K (revenue +2.7% year-over-year).
- 2018: Revenue of $195K, expenses of $189K, and assets of $55K (revenue +133.8% year-over-year).
- 2017: Revenue of $83K, expenses of $86K, and assets of $47K (revenue -31.6% year-over-year).
- 2016: Revenue of $122K, expenses of $85K, and assets of $48K (revenue +45.3% year-over-year).
- 2015: Revenue of $84K, expenses of $82K, and assets of $13K (revenue -5.2% year-over-year).
- 2014: Revenue of $88K, expenses of $90K, and assets of $11K (revenue -1.5% year-over-year).
- 2013: Revenue of $90K, expenses of $92K, and assets of $12K (revenue -15.3% year-over-year).
- 2012: Revenue of $106K, expenses of $100K, and assets of $15K (revenue -20.2% year-over-year).
- 2011: Revenue of $133K, expenses of $130K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abiding Above Ministries Inc:
Data Sources and Methodology
This transparency report for Abiding Above Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.