Agape Development Ministries
Agape Development Ministries faces recent financial deficits despite historical revenue growth and zero reported officer compensation.
EIN: 202095072 · Houston, TX · NTEE: B30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $3.7M |
| Program Spending | 80% |
| Net Assets | $3.5M |
| Transparency Score | 75/100 |
Is Agape Development Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Agape Development Ministries directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Agape Development Ministries
Agape Development Ministries (EIN: 202095072) is a nonprofit organization based in Houston, TX, classified under NTEE code B30. The organization reported total revenue of $5.3M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Agape Development Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Agape Development Ministries is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-1,334,527 |
| Total Assets | $3.7M |
| Total Liabilities | $177K |
| Net Assets | $3.5M |
| Operating Margin | -56.1% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 12.0 months |
Financial Health Grade: B
In 2023, Agape Development Ministries reported a deficit of $1.3M with expenses exceeding revenue, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Agape Development Ministries's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.2% | -24.5% | -30.2% |
| 2022 | +15.5% | +9.1% | -15.5% |
| 2021 | +28.0% | +131.7% | -16.8% |
| 2020 | -54.9% | -2.9% | +13.7% |
| 2019 | +123.8% | +6.3% | +153.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Agape Development Ministries with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Agape Development Ministries allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.8%.
Executive Compensation Analysis
Agape Development Ministries consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization of its size and revenue, suggesting either volunteer leadership or compensation structured in a way not reported as officer pay.
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 Agape Development Ministries's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $3.7M vs. revenue $2.3M)
- Significant decline in assets from $7.5M in 2020 to $3.7M in 2023
- Unusual 0% reported officer compensation for an organization of this size, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Agape Development Ministries:
- Long history of IRS 990 filings (13 filings), indicating transparency in reporting.
- Historically strong revenue generation, peaking at $5.6M in 2019.
- Substantial asset base, even after recent declines, providing some financial cushion.
- Focus on community development (NTEE B30) suggests direct program impact.
Frequently Asked Questions about Agape Development Ministries
Is Agape Development Ministries a legitimate charity?
Agape Development Ministries (EIN: 202095072) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.3M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Agape Development Ministries spend its money?
Agape Development Ministries directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Agape Development Ministries tax-deductible?
Agape Development Ministries is registered as a tax-exempt nonprofit (EIN: 202095072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Agape Development Ministries's spending goes to programs?
Agape Development Ministries directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Agape Development Ministries compare to similar nonprofits?
With a transparency score of 75/100 (Good), Agape Development Ministries is above average for NTEE category B30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Agape Development Ministries located?
Agape Development Ministries is headquartered in Houston, Texas and files with the IRS under EIN 202095072. It is classified under NTEE code B30.
How many years of IRS 990 filings does Agape Development Ministries have?
Agape Development Ministries 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 $5.3M in total revenue.
Why has Agape Development Ministries consistently reported 0% officer compensation?
The IRS 990 filings for Agape Development Ministries consistently show 0% officer compensation. This could indicate that executive leadership is entirely volunteer-based, compensated through a related organization, or that their compensation is categorized differently on the 990, which would require further clarification for full transparency.
What is the reason for the recent trend of expenses exceeding revenue?
In the 2023 fiscal period, expenses ($3,712,685) significantly exceeded revenue ($2,378,158), and a similar trend was observed in 2022. This could be due to strategic investments, temporary funding gaps, or increased program costs, and warrants further investigation into the organization's financial strategy.
How does Agape Development Ministries plan to address the decline in assets from $7.5M in 2020 to $3.7M in 2023?
The organization's assets have decreased by nearly 50% from their peak in 2020. This decline is likely linked to the periods where expenses have outpaced revenue, suggesting assets are being used to cover operational costs. A clear strategy for asset preservation and growth would be beneficial.
Filing History
IRS 990 filing history for Agape Development Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Agape Development Ministries's revenue has grown by 348.1%, moving from $531K to $2.4M. Total assets increased by 985.7% over the same period, from $343K to $3.7M. Total functional expenses rose by 893.4%, from $374K to $3.7M. In its most recent filing year (2023), Agape Development Ministries reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $177K in liabilities against $3.7M in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $3.7M | $3.7M | $177K | — | View 990 |
| 2022 | $3.8M | $4.9M | $5.3M | $207K | — | View 990 |
| 2021 | $3.3M | $4.5M | $6.3M | $326K | — | — |
| 2020 | $2.6M | $1.9M | $7.6M | $378K | — | — |
| 2019 | $5.7M | $2.0M | $6.7M | $82K | — | View 990 |
| 2018 | $2.5M | $1.9M | $2.6M | $93K | — | View 990 |
| 2017 | $1.3M | $1.1M | $1.7M | $28K | — | View 990 |
| 2016 | $422K | $321K | $1.4M | $27K | — | View 990 |
| 2015 | $1.1M | $689K | $1.3M | $15K | — | View 990 |
| 2014 | $1.0M | $687K | $852K | $62K | — | View 990 |
| 2013 | $618K | $605K | $510K | $36K | — | View 990 |
| 2012 | $597K | $470K | $512K | $52K | — | View 990 |
| 2011 | $531K | $374K | $343K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $3.7M, and assets of $3.7M (revenue -37.2% year-over-year).
- 2022: Revenue of $3.8M, expenses of $4.9M, and assets of $5.3M (revenue +15.5% year-over-year).
- 2021: Revenue of $3.3M, expenses of $4.5M, and assets of $6.3M (revenue +28.0% year-over-year).
- 2020: Revenue of $2.6M, expenses of $1.9M, and assets of $7.6M (revenue -54.9% year-over-year).
- 2019: Revenue of $5.7M, expenses of $2.0M, and assets of $6.7M (revenue +123.8% year-over-year).
- 2018: Revenue of $2.5M, expenses of $1.9M, and assets of $2.6M (revenue +88.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $1.7M (revenue +218.5% year-over-year).
- 2016: Revenue of $422K, expenses of $321K, and assets of $1.4M (revenue -63.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $689K, and assets of $1.3M (revenue +14.5% year-over-year).
- 2014: Revenue of $1.0M, expenses of $687K, and assets of $852K (revenue +62.3% year-over-year).
- 2013: Revenue of $618K, expenses of $605K, and assets of $510K (revenue +3.5% year-over-year).
- 2012: Revenue of $597K, expenses of $470K, and assets of $512K (revenue +12.5% year-over-year).
- 2011: Revenue of $531K, expenses of $374K, and assets of $343K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Agape Development Ministries:
Data Sources and Methodology
This transparency report for Agape Development Ministries 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.