Barnabas Ministries

Barnabas Ministries consistently operates with volunteer leadership and modest financial activity.

EIN: 10573990 · Lenoir City, TN · NTEE: L20 · Updated: 2026-03-28

$75KRevenue

$77KAssets

85/100Mission Score (Excellent)

L20

About Barnabas Ministries

Barnabas Ministries (EIN: 10573990) is a nonprofit organization based in Lenoir City, TN, classified under NTEE code L20. The organization reported total revenue of $75K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barnabas Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Barnabas Ministries operates as a relatively small nonprofit with fluctuating revenues, averaging around $80,000-$90,000 annually over the past decade. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the consistent reporting of expenses close to revenue suggests that the organization is spending its income each year. The asset base remains modest, typically under $80,000, indicating a lean operational structure. The organization's consistent filing history demonstrates a commitment to transparency through regular IRS reporting.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Barnabas Ministries 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: 85%
fundraising: 5%

According to IRS 990 filings, Barnabas Ministries 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

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteers and does not allocate funds to officer salaries, 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.

Red Flags

The following concerns were identified during AI analysis of Barnabas Ministries's IRS 990 filings:

Revenue and expenses fluctuate significantly year-to-year (e.g., revenue from $46,868 in 2020 to $184,317 in 2014), which could indicate inconsistent funding sources.

Strengths

The following positive indicators were identified for Barnabas Ministries:

Consistent 0% officer compensation, indicating volunteer leadership and high efficiency in directing funds to mission.
Long and consistent IRS 990 filing history (13 filings), demonstrating strong commitment to transparency.
Low liabilities relative to assets (e.g., $864 liabilities vs. $59,620 assets in 202312), suggesting good financial management.

Frequently Asked Questions about Barnabas Ministries

Is Barnabas Ministries financially stable?

Barnabas Ministries maintains a modest asset base (e.g., $77,413 in latest filing) and generally spends close to its revenue each year, as seen in 202312 where expenses ($55,237) were slightly higher than revenue ($52,289). While not accumulating significant reserves, it appears to manage its finances to meet operational needs.

How does Barnabas Ministries ensure its funds are used effectively?

The consistent reporting of 0% officer compensation strongly suggests that a very high proportion of funds are directed towards program activities and operational costs, rather than executive salaries. This indicates a lean operational model focused on mission delivery.

Filing History

IRS 990 filing history for Barnabas Ministries showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Barnabas Ministries's revenue has declined by 27.6%, moving from $72K to $52K. Total assets increased by 109.9% over the same period, from $28K to $60K. Total functional expenses fell by 16.4%, from $66K to $55K. In its most recent filing year (2023), Barnabas Ministries reported a deficit of $3K, with expenses exceeding revenue. The organization holds $864 in liabilities against $60K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $59K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$52K	$55K	$60K	$864	—	—
2022	$106K	$105K	$63K	$1K	—	View 990
2021	$66K	$54K	$61K	$461	—	View 990
2020	$47K	$49K	$50K	$722	—	—
2019	$87K	$71K	$53K	$1K	—	View 990
2018	$67K	$78K	$37K	$1K	—	View 990
2017	$99K	$90K	$49K	$2K	—	—
2016	$78K	$74K	$39K	$1K	—	View 990
2015	$145K	$137K	$36K	$3K	—	View 990
2014	$184K	$183K	$26K	$1K	—	View 990
2013	$62K	$67K	$26K	$2K	—	View 990
2012	$70K	$70K	$32K	$4K	—	View 990
2011	$72K	$66K	$28K	$1K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $52K, expenses of $55K, and assets of $60K (revenue -50.7% year-over-year).
2022: Revenue of $106K, expenses of $105K, and assets of $63K (revenue +61.9% year-over-year).
2021: Revenue of $66K, expenses of $54K, and assets of $61K (revenue +39.9% year-over-year).
2020: Revenue of $47K, expenses of $49K, and assets of $50K (revenue -45.9% year-over-year).
2019: Revenue of $87K, expenses of $71K, and assets of $53K (revenue +29.2% year-over-year).
2018: Revenue of $67K, expenses of $78K, and assets of $37K (revenue -32.3% year-over-year).
2017: Revenue of $99K, expenses of $90K, and assets of $49K (revenue +26.4% year-over-year).
2016: Revenue of $78K, expenses of $74K, and assets of $39K (revenue -46.0% year-over-year).
2015: Revenue of $145K, expenses of $137K, and assets of $36K (revenue -21.4% year-over-year).
2014: Revenue of $184K, expenses of $183K, and assets of $26K (revenue +195.3% year-over-year).
2013: Revenue of $62K, expenses of $67K, and assets of $26K (revenue -11.4% year-over-year).
2012: Revenue of $70K, expenses of $70K, and assets of $32K (revenue -2.5% year-over-year).
2011: Revenue of $72K, expenses of $66K, and assets of $28K.

Data Sources and Methodology

This transparency report for Barnabas 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.