Ashcroft Ministries
Ashcroft Ministries shows highly volatile finances with a significant deficit in 2023 despite substantial assets.
EIN: 204270630 · Woody Creek, CO · NTEE: T22 · Updated: 2026-03-28
Is Ashcroft Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ashcroft Ministries directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ashcroft Ministries
Ashcroft Ministries (EIN: 204270630) is a nonprofit organization based in Woody Creek, CO, classified under NTEE code T22. The organization reported total revenue of $1.9M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ashcroft Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ashcroft Ministries is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $211K |
| Total Expenses | $432K |
| Surplus / Deficit | $-220,660 |
| Total Assets | $5.6M |
| Total Liabilities | $13K |
| Net Assets | $5.6M |
| Operating Margin | -104.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 156.1 months |
Financial Health Grade: B
In 2023, Ashcroft Ministries reported a deficit of $221K with expenses exceeding revenue, holds 156.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ashcroft Ministries's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -96.5% | +76.5% | -3.9% |
| 2022 | +11654694.2% | +2605.5% | +52828.8% |
| 2021 | +1633.3% | -54.8% | -44.9% |
| 2020 | -85.0% | +0.0% | -50.0% |
| 2019 | +1900.0% | — | +400230.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Ashcroft Ministries with a Mission Score of 60 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ashcroft Ministries allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $221K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly unusual for an organization with assets exceeding $5 million and annual expenses in the hundreds of thousands.
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 Ashcroft Ministries's IRS 990 filings:
- Extreme revenue volatility, with a drop from $6M in 2022 to $211K in 2023.
- Significant operating deficit in the latest reported period (2023: -$220,660).
- Reported 0% officer compensation across all filings, which is unusual for an organization with substantial assets and expenses.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, limiting transparency.
Strengths
The following positive indicators were identified for Ashcroft Ministries:
- Substantial asset base of $5,618,609 in 2023, providing financial stability.
- Consistent filing history with the IRS, indicating compliance.
- No reported officer compensation, suggesting a potentially lean executive overhead.
Frequently Asked Questions about Ashcroft Ministries
Is Ashcroft Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Ashcroft Ministries (EIN: 204270630) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Ashcroft Ministries spend its money?
Ashcroft Ministries directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ashcroft Ministries tax-deductible?
Ashcroft Ministries is registered as a tax-exempt nonprofit (EIN: 204270630). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Ashcroft Ministries experience such extreme fluctuations in revenue, from $6,060,493 in 2022 to $211,247 in 2023?
The provided data does not specify the reasons for these drastic changes, but it could indicate reliance on a few large, infrequent donations or significant changes in funding sources or operational scope.
How does Ashcroft Ministries manage to operate with $0 reported officer compensation, especially with significant assets and expenses?
This suggests that executive leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, which is uncommon for an organization of this size.
What caused the substantial deficit of $220,660 in 2023 (Expenses $431,907 - Revenue $211,247)?
The data does not provide a breakdown of expenses, so it's unclear if this deficit was due to increased program spending, administrative costs, or a decline in expected revenue.
What are the primary programs and activities of Ashcroft Ministries, given its NTEE code T22 (Religious Activities)?
The NTEE code suggests religious activities, but without program details, it's difficult to assess the specific impact or efficiency of its spending.
Filing History
IRS 990 filing history for Ashcroft Ministries showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ashcroft Ministries's revenue has grown by 778.3%, moving from $24K to $211K. Total assets increased by 80265742.9% over the same period, from $7 to $5.6M. Total functional expenses rose by 1695.8%, from $24K to $432K. In its most recent filing year (2023), Ashcroft Ministries reported a deficit of $221K, with expenses exceeding revenue. The organization holds $13K in liabilities against $5.6M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $211K | $432K | $5.6M | $13K | — | — |
| 2022 | $6.1M | $245K | $5.8M | $17K | — | View 990 |
| 2021 | $52 | $9K | $11K | $1 | — | View 990 |
| 2020 | $3 | $20K | $20K | $1 | — | View 990 |
| 2019 | $20 | $20K | $40K | $1 | — | View 990 |
| 2015 | $1 | $0 | $10 | $1 | — | View 990 |
| 2014 | $1 | $0 | $10 | $1 | — | View 990 |
| 2013 | $11K | $11K | $10 | $1 | — | View 990 |
| 2012 | $20K | $20K | $7 | $1 | — | View 990 |
| 2011 | $24K | $24K | $7 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $211K, expenses of $432K, and assets of $5.6M (revenue -96.5% year-over-year).
- 2022: Revenue of $6.1M, expenses of $245K, and assets of $5.8M (revenue +11654694.2% year-over-year).
- 2021: Revenue of $52, expenses of $9K, and assets of $11K (revenue +1633.3% year-over-year).
- 2020: Revenue of $3, expenses of $20K, and assets of $20K (revenue -85.0% year-over-year).
- 2019: Revenue of $20, expenses of $20K, and assets of $40K (revenue +1900.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $10 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $10 (revenue -100.0% year-over-year).
- 2013: Revenue of $11K, expenses of $11K, and assets of $10 (revenue -43.4% year-over-year).
- 2012: Revenue of $20K, expenses of $20K, and assets of $7 (revenue -16.3% year-over-year).
- 2011: Revenue of $24K, expenses of $24K, and assets of $7.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ashcroft Ministries:
Data Sources and Methodology
This transparency report for Ashcroft 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.