Allison Durham Speer Ministries Inc
Allison Durham Speer Ministries Inc consistently operates with a surplus and reports no officer compensation.
EIN: 201975758 · Gravel Switch, KY · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $113K |
| Total Expenses | $107K |
| Program Spending | 80% |
| Net Assets | $290K |
| Transparency Score | 85/100 |
Is Allison Durham Speer Ministries Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allison Durham Speer Ministries Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Allison Durham Speer Ministries Inc
Allison Durham Speer Ministries Inc (EIN: 201975758) is a nonprofit organization based in Gravel Switch, KY, classified under NTEE code X20. The organization reported total revenue of $113K and total assets of $408K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allison Durham Speer Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allison Durham Speer Ministries Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $107K |
| Surplus / Deficit | +$16K |
| Total Assets | $406K |
| Total Liabilities | $116K |
| Net Assets | $290K |
| Operating Margin | 12.8% |
| Debt-to-Asset Ratio | 28.6% |
| Months of Reserves | 45.4 months |
Financial Health Grade: A
In 2023, Allison Durham Speer Ministries Inc reported a surplus of $16K with revenue exceeding expenses, holds 45.4 months of operating reserves (strong position), has a debt-to-asset ratio of 28.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Allison Durham Speer Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.4% | +2.8% | +8.6% |
| 2022 | -6.4% | +7.5% | +1.7% |
| 2021 | +66.7% | -16.2% | +8.9% |
| 2020 | -32.0% | -24.0% | +3.7% |
| 2019 | -10.7% | +12.6% | +11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2006 |
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 Allison Durham Speer Ministries Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Allison Durham Speer Ministries Inc 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 surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure, which is highly efficient for a nonprofit of this 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 Allison Durham Speer Ministries Inc:
- Consistent revenue exceeding expenses in most years, indicating financial stability.
- Zero officer compensation reported across all filings, maximizing funds for mission.
- Steady growth in assets over the past decade, from $282,099 in 2014 to $405,579 in 2023.
- Low liabilities relative to assets, suggesting good financial health.
Frequently Asked Questions about Allison Durham Speer Ministries Inc
Is Allison Durham Speer Ministries Inc a legitimate charity?
Allison Durham Speer Ministries Inc (EIN: 201975758) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $113K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Allison Durham Speer Ministries Inc spend its money?
Allison Durham Speer Ministries Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Allison Durham Speer Ministries Inc tax-deductible?
Allison Durham Speer Ministries Inc is registered as a tax-exempt nonprofit (EIN: 201975758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Allison Durham Speer Ministries Inc's spending goes to programs?
Allison Durham Speer Ministries Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Allison Durham Speer Ministries Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Allison Durham Speer 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 Allison Durham Speer Ministries Inc located?
Allison Durham Speer Ministries Inc is headquartered in Gravel Switch, Kentucky and files with the IRS under EIN 201975758. It is classified under NTEE code X20.
How many years of IRS 990 filings does Allison Durham Speer Ministries Inc have?
Allison Durham Speer 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 $113K in total revenue.
Is Allison Durham Speer Ministries Inc financially stable?
Yes, the organization appears financially stable, consistently generating more revenue than expenses in most years, leading to a steady increase in assets from $282,099 in 2014 to $405,579 in 2023.
Does Allison Durham Speer Ministries Inc pay its executives?
No, the IRS 990 filings consistently show 0% officer compensation, indicating that no salaries are paid to the organization's officers.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $282,099 in 2014 to $405,579 in 2023, demonstrating effective asset management.
Filing History
IRS 990 filing history for Allison Durham Speer Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Allison Durham Speer Ministries Inc's revenue has declined by 32.3%, moving from $181K to $123K. Total assets increased by 143.4% over the same period, from $167K to $406K. Total functional expenses fell by 37.9%, from $172K to $107K. In its most recent filing year (2023), Allison Durham Speer Ministries Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $116K in liabilities against $406K in assets (debt-to-asset ratio: 28.6%), resulting in net assets of $290K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $107K | $406K | $116K | — | View 990 |
| 2022 | $151K | $104K | $374K | $99K | — | — |
| 2021 | $161K | $97K | $367K | $140K | — | — |
| 2020 | $96K | $116K | $337K | $173K | — | — |
| 2019 | $142K | $152K | $325K | $142K | — | View 990 |
| 2018 | $159K | $135K | $292K | $99K | — | View 990 |
| 2017 | $147K | $167K | $254K | $85K | — | View 990 |
| 2016 | $151K | $143K | $298K | $93K | — | View 990 |
| 2015 | $145K | $128K | $290K | $93K | — | View 990 |
| 2014 | $164K | $145K | $282K | $103K | — | View 990 |
| 2013 | $158K | $149K | $259K | $98K | — | View 990 |
| 2012 | $182K | $154K | $229K | $77K | — | View 990 |
| 2011 | $181K | $172K | $167K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $107K, and assets of $406K (revenue -18.4% year-over-year).
- 2022: Revenue of $151K, expenses of $104K, and assets of $374K (revenue -6.4% year-over-year).
- 2021: Revenue of $161K, expenses of $97K, and assets of $367K (revenue +66.7% year-over-year).
- 2020: Revenue of $96K, expenses of $116K, and assets of $337K (revenue -32.0% year-over-year).
- 2019: Revenue of $142K, expenses of $152K, and assets of $325K (revenue -10.7% year-over-year).
- 2018: Revenue of $159K, expenses of $135K, and assets of $292K (revenue +8.4% year-over-year).
- 2017: Revenue of $147K, expenses of $167K, and assets of $254K (revenue -2.9% year-over-year).
- 2016: Revenue of $151K, expenses of $143K, and assets of $298K (revenue +3.9% year-over-year).
- 2015: Revenue of $145K, expenses of $128K, and assets of $290K (revenue -11.1% year-over-year).
- 2014: Revenue of $164K, expenses of $145K, and assets of $282K (revenue +3.6% year-over-year).
- 2013: Revenue of $158K, expenses of $149K, and assets of $259K (revenue -13.2% year-over-year).
- 2012: Revenue of $182K, expenses of $154K, and assets of $229K (revenue +0.4% year-over-year).
- 2011: Revenue of $181K, expenses of $172K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allison Durham Speer Ministries Inc:
Data Sources and Methodology
This transparency report for Allison Durham Speer 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.