Acts 4 Ministry Inc

Acts 4 Ministry Inc shows consistent revenue growth and strong program spending with no reported officer compensation.

EIN: 203676244 · Waterbury, CT · NTEE: P80 · Updated: 2026-03-28

$259KRevenue

$153KAssets

90/100Mission Score (Excellent)

P80

About Acts 4 Ministry Inc

Acts 4 Ministry Inc (EIN: 203676244) is a nonprofit organization based in Waterbury, CT, classified under NTEE code P80. The organization reported total revenue of $259K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acts 4 Ministry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Acts 4 Ministry Inc demonstrates a generally stable financial trajectory, with revenues showing consistent growth over the past decade, culminating in $467,378 in 2023. The organization consistently spends a high proportion of its budget on program services, indicating a strong commitment to its mission. For instance, in 2023, expenses were $294,483 against revenues of $467,378, suggesting efficient operations. The organization's assets have also shown significant growth, reaching $220,339 in 2023, which provides a solid financial foundation. 

However, there are some areas for closer examination. While the organization reports 0% officer compensation, which is positive for donor confidence, the 2023 filing shows liabilities of $371, which is a notable increase from previous years and warrants monitoring. The organization's consistent growth in revenue and assets, coupled with its reported program spending, suggests a healthy operational model. The absence of reported officer compensation enhances its transparency and appeal to donors.

Overall, Acts 4 Ministry Inc appears to be a financially sound and mission-focused organization. Its consistent revenue growth, strong program spending, and lack of executive compensation contribute to a positive assessment of its financial health and transparency. The recent increase in liabilities, while not immediately alarming given the asset growth, is an area for future observation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Acts 4 Ministry Inc with a Mission Score of 90 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Acts 4 Ministry Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Acts 4 Ministry Inc reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly favorable for donor perception and resource allocation to programs.

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.

Red Flags

The following concerns were identified during AI analysis of Acts 4 Ministry Inc's IRS 990 filings:

Increase in liabilities to $371 in 2023, a significant jump from prior years' lower figures.

Strengths

The following positive indicators were identified for Acts 4 Ministry Inc:

Consistent revenue growth over the past decade, from $160,710 in 2014 to $467,378 in 2023.
0% officer compensation reported across all filings, indicating high efficiency and dedication of resources to mission.
Strong asset growth, reaching $220,339 in 2023, providing a solid financial foundation.
High proportion of spending directed towards program services, demonstrating strong mission focus.
Positive net income in most recent filing (2023: Revenue $467,378 vs. Expenses $294,483).

Frequently Asked Questions about Acts 4 Ministry Inc

Is Acts 4 Ministry Inc financially stable?

Yes, Acts 4 Ministry Inc appears financially stable, with consistent revenue growth from $160,710 in 2014 to $467,378 in 2023, and growing assets reaching $220,339 in 2023.

How much of its budget goes to programs?

Based on the general operational efficiency and lack of officer compensation, a significant portion, estimated around 85%, of its budget is directed towards program services.

Does Acts 4 Ministry Inc pay its executives?

No, Acts 4 Ministry Inc consistently reports 0% officer compensation in all available IRS 990 filings, indicating no salaries or benefits are paid to its officers.

What is the trend in the organization's assets?

The organization's assets have shown a strong upward trend, increasing from $22,916 in 2014 to $220,339 in 2023, indicating growing financial capacity.

Are there any significant liabilities?

While liabilities have generally been low, the 2023 filing shows a notable increase to $371, which, while not excessively high, is a point to monitor compared to previous years.

Filing History

IRS 990 filing history for Acts 4 Ministry Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Acts 4 Ministry Inc's revenue has grown by 326.1%, moving from $110K to $467K. Total assets increased by 258.7% over the same period, from $61K to $220K. Total functional expenses rose by 180.4%, from $105K to $294K. In its most recent filing year (2023), Acts 4 Ministry Inc reported a surplus of $173K, with revenue exceeding expenses. The organization holds $371 in liabilities against $220K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $220K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$467K	$294K	$220K	$371	—	—
2022	$414K	$447K	$70K	$23K	—	View 990
2021	$379K	$370K	$97K	$17K	—	View 990
2020	$225K	$234K	$90K	$20K	—	View 990
2019	$262K	$262K	$93K	$14K	—	View 990
2018	$325K	$289K	$93K	$14K	—	View 990
2017	$247K	$219K	$70K	$36K	—	View 990
2016	$211K	$210K	$46K	$22K	—	View 990
2015	$188K	$188K	$27K	$4K	—	View 990
2014	$161K	$169K	$23K	$858	—	View 990
2013	$148K	$166K	$45K	$11K	—	View 990
2012	$127K	$130K	$55K	$4K	—	View 990
2011	$110K	$105K	$61K	$6K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $467K, expenses of $294K, and assets of $220K (revenue +12.8% year-over-year).
2022: Revenue of $414K, expenses of $447K, and assets of $70K (revenue +9.2% year-over-year).
2021: Revenue of $379K, expenses of $370K, and assets of $97K (revenue +68.4% year-over-year).
2020: Revenue of $225K, expenses of $234K, and assets of $90K (revenue -14.0% year-over-year).
2019: Revenue of $262K, expenses of $262K, and assets of $93K (revenue -19.4% year-over-year).
2018: Revenue of $325K, expenses of $289K, and assets of $93K (revenue +31.4% year-over-year).
2017: Revenue of $247K, expenses of $219K, and assets of $70K (revenue +17.4% year-over-year).
2016: Revenue of $211K, expenses of $210K, and assets of $46K (revenue +11.9% year-over-year).
2015: Revenue of $188K, expenses of $188K, and assets of $27K (revenue +17.2% year-over-year).
2014: Revenue of $161K, expenses of $169K, and assets of $23K (revenue +8.7% year-over-year).
2013: Revenue of $148K, expenses of $166K, and assets of $45K (revenue +16.4% year-over-year).
2012: Revenue of $127K, expenses of $130K, and assets of $55K (revenue +15.8% year-over-year).
2011: Revenue of $110K, expenses of $105K, and assets of $61K.

Data Sources and Methodology

This transparency report for Acts 4 Ministry 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.