Berean Assembly Ministries Inc
Berean Assembly Ministries Inc maintains strong financial health with zero officer compensation and growing assets.
EIN: 203598483 · Wichita, KS · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $412K |
| Total Expenses | $418K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $1.4M |
| Transparency Score | 92/100 |
Is Berean Assembly Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Berean Assembly Ministries Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Berean Assembly Ministries Inc
Berean Assembly Ministries Inc (EIN: 203598483) is a nonprofit organization based in Wichita, KS, classified under NTEE code X20. The organization reported total revenue of $412K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Berean Assembly Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Berean Assembly 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 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $422K |
| Total Expenses | $418K |
| Surplus / Deficit | +$4K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 0.9% |
| Months of Reserves | 39.7 months |
Financial Health Grade: A
In 2023, Berean Assembly Ministries Inc reported a surplus of $4K with revenue exceeding expenses, holds 39.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Berean Assembly Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | +12.6% | -1.2% |
| 2022 | -10.9% | +3.9% | +2.8% |
| 2021 | -18.5% | +15.9% | +6.1% |
| 2020 | +7.0% | -23.7% | +2.5% |
| 2019 | -0.6% | +14.1% | -1.2% |
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 Berean Assembly Ministries Inc with a Mission Score of 92 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Berean Assembly Ministries Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of its size with over $400,000 in annual revenue.
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 Berean Assembly Ministries Inc's IRS 990 filings:
- Lack of detailed expense breakdown to verify program spending ratio directly from filings (though overall financial health is strong)
- Unusually low (zero) reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is supported or if services are provided pro bono.
Strengths
The following positive indicators were identified for Berean Assembly Ministries Inc:
- Consistent positive net revenue, indicating financial sustainability (e.g., $421,782 revenue vs. $417,819 expenses in 2023).
- Strong asset growth over the past decade, from $1,250,677 in 2014 to $1,380,802 in 2023.
- Elimination of all liabilities, reaching $0 in 2023, demonstrating excellent financial management.
- Zero reported officer compensation across all filings, suggesting high dedication and potentially low overhead.
- Stable revenue streams, consistently around $400,000-$500,000 annually.
Frequently Asked Questions about Berean Assembly Ministries Inc
Is Berean Assembly Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Berean Assembly Ministries Inc (EIN: 203598483) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Berean Assembly Ministries Inc spend its money?
Berean Assembly Ministries Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Berean Assembly Ministries Inc tax-deductible?
Berean Assembly Ministries Inc is registered as a tax-exempt nonprofit (EIN: 203598483). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Berean Assembly Ministries Inc CEO make?
Berean Assembly Ministries Inc's highest-compensated officer earns $400,000 annually. The organization reported $412K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Berean Assembly Ministries Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Berean Assembly 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 Berean Assembly Ministries Inc located?
Berean Assembly Ministries Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 203598483. It is classified under NTEE code X20.
How many years of IRS 990 filings does Berean Assembly Ministries Inc have?
Berean Assembly 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 $412K in total revenue.
Is Berean Assembly Ministries Inc a good charity?
Based on its financial data, Berean Assembly Ministries Inc appears to be a very good charity. It consistently operates with a surplus, has a growing asset base, and reports zero officer compensation, suggesting high efficiency and dedication to its mission.
How does Berean Assembly Ministries Inc manage its liabilities?
Berean Assembly Ministries Inc has significantly reduced its liabilities over time, from a high of $644,003 in 2014 to $0 in 2023, demonstrating excellent financial management and a strong balance sheet.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $1,250,677 in 2014 to $1,380,802 in 2023, indicating financial growth and stability.
What is the organization's spending efficiency?
With zero officer compensation and a consistent surplus, the organization appears to be highly efficient. While a precise program-to-admin ratio isn't detailed without expense breakdowns, the overall financial health suggests strong program focus.
Filing History
IRS 990 filing history for Berean Assembly Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Berean Assembly Ministries Inc's revenue has grown by 90%, moving from $222K to $422K. Total assets increased by 206.3% over the same period, from $451K to $1.4M. Total functional expenses rose by 180.1%, from $149K to $418K. In its most recent filing year (2023), Berean Assembly Ministries Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $422K | $418K | $1.4M | $0 | — | View 990 |
| 2022 | $388K | $371K | $1.4M | $21K | — | View 990 |
| 2021 | $435K | $357K | $1.4M | $0 | — | View 990 |
| 2020 | $534K | $308K | $1.3M | $0 | — | View 990 |
| 2019 | $499K | $404K | $1.3M | $194K | — | View 990 |
| 2018 | $502K | $354K | $1.3M | $304K | — | View 990 |
| 2017 | $442K | $358K | $1.3M | $479K | — | View 990 |
| 2016 | $408K | $330K | $1.2M | $511K | — | View 990 |
| 2015 | $372K | $329K | $1.3M | $603K | — | View 990 |
| 2014 | $324K | $299K | $1.3M | $644K | — | View 990 |
| 2013 | $237K | $198K | $715K | $166K | — | View 990 |
| 2012 | $212K | $153K | $510K | $0 | — | View 990 |
| 2011 | $222K | $149K | $451K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $422K, expenses of $418K, and assets of $1.4M (revenue +8.8% year-over-year).
- 2022: Revenue of $388K, expenses of $371K, and assets of $1.4M (revenue -10.9% year-over-year).
- 2021: Revenue of $435K, expenses of $357K, and assets of $1.4M (revenue -18.5% year-over-year).
- 2020: Revenue of $534K, expenses of $308K, and assets of $1.3M (revenue +7.0% year-over-year).
- 2019: Revenue of $499K, expenses of $404K, and assets of $1.3M (revenue -0.6% year-over-year).
- 2018: Revenue of $502K, expenses of $354K, and assets of $1.3M (revenue +13.5% year-over-year).
- 2017: Revenue of $442K, expenses of $358K, and assets of $1.3M (revenue +8.4% year-over-year).
- 2016: Revenue of $408K, expenses of $330K, and assets of $1.2M (revenue +9.5% year-over-year).
- 2015: Revenue of $372K, expenses of $329K, and assets of $1.3M (revenue +14.9% year-over-year).
- 2014: Revenue of $324K, expenses of $299K, and assets of $1.3M (revenue +36.7% year-over-year).
- 2013: Revenue of $237K, expenses of $198K, and assets of $715K (revenue +11.9% year-over-year).
- 2012: Revenue of $212K, expenses of $153K, and assets of $510K (revenue -4.6% year-over-year).
- 2011: Revenue of $222K, expenses of $149K, and assets of $451K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Berean Assembly Ministries Inc:
Data Sources and Methodology
This transparency report for Berean Assembly 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.