Bethesda Prayer Ministries Inc
Bethesda Prayer Ministries Inc. operated with modest revenues and expenses, often at a slight deficit, with no reported officer compensation.
EIN: 200896772 · Rumsey, KY · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $45K |
| Program Spending | 90% |
| Net Assets | $4K |
| Transparency Score | 85/100 |
Is Bethesda Prayer Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bethesda Prayer Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bethesda Prayer Ministries Inc
Bethesda Prayer Ministries Inc (EIN: 200896772) is a nonprofit organization based in Rumsey, KY, classified under NTEE code X21. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethesda Prayer Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethesda Prayer Ministries Inc is a micro nonprofit that has been operating for 22 years, with 3 years of IRS 990 filings on record (2013–2015). Revenue has grown at a compound annual rate of -16.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $45K |
| Surplus / Deficit | +$1K |
| Total Assets | $4K |
| Net Assets | $4K |
| Operating Margin | 2.4% |
| Months of Reserves | 1.1 months |
Financial Health Grade: A
In 2015, Bethesda Prayer Ministries Inc reported a surplus of $1K with revenue exceeding expenses, holds 1.1 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2013–2015), Bethesda Prayer Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -13.9% | -22.8% | +37.2% |
| 2014 | -18.7% | -17.6% | -61.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2004 |
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 Bethesda Prayer 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: 90%
- fundraising: 0%
According to IRS 990 filings, Bethesda Prayer Ministries Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation was consistently reported as 0% of expenses across all available filings, indicating a volunteer-led organization or one where leadership is not compensated, which is highly favorable for a small nonprofit.
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 Bethesda Prayer Ministries Inc's IRS 990 filings:
- Latest reported revenue and assets are $0, suggesting potential inactivity or cessation of operations.
- Expenses exceeded revenue in two out of three reported periods (2014 and 2013), indicating a reliance on prior reserves or inconsistent funding.
Strengths
The following positive indicators were identified for Bethesda Prayer Ministries Inc:
- Consistently reported 0% officer compensation, indicating a volunteer-driven model and efficient use of funds.
- No reported liabilities across all filings, suggesting a debt-free financial position.
- Historically low administrative overhead, with a strong focus on program spending (estimated 90%).
Frequently Asked Questions about Bethesda Prayer Ministries Inc
Is Bethesda Prayer Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethesda Prayer Ministries Inc (EIN: 200896772) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Bethesda Prayer Ministries Inc spend its money?
Bethesda Prayer Ministries Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bethesda Prayer Ministries Inc tax-deductible?
Bethesda Prayer Ministries Inc is registered as a tax-exempt nonprofit (EIN: 200896772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bethesda Prayer Ministries Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bethesda Prayer Ministries Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bethesda Prayer Ministries Inc located?
Bethesda Prayer Ministries Inc is headquartered in Rumsey, Kentucky and files with the IRS under EIN 200896772. It is classified under NTEE code X21.
How many years of IRS 990 filings does Bethesda Prayer Ministries Inc have?
Bethesda Prayer Ministries Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Bethesda Prayer Ministries Inc. still active given its latest $0 revenue and assets?
The latest reported data of $0 revenue and assets suggests the organization may be inactive or has ceased operations. Further investigation into more recent filings or direct contact would be needed to confirm its current status.
How did Bethesda Prayer Ministries Inc. manage its finances when expenses exceeded revenue?
In 2014 and 2013, expenses exceeded revenue by $4,757 and $4,840 respectively. The organization likely covered these deficits by drawing down on its modest asset base, which decreased from $7,771 in 2013 to $3,014 in 2014.
What was the primary source of funding for Bethesda Prayer Ministries Inc.?
The filings do not specify the exact sources of revenue, but for an organization of this size and NTEE code (X21 - Christian), it is typically supported by donations, contributions, and potentially small grants.
Filing History
IRS 990 filing history for Bethesda Prayer Ministries Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2015), Bethesda Prayer Ministries Inc's revenue has declined by 30%, moving from $67K to $47K. Total assets decreased by 46.8% over the same period, from $8K to $4K. Total functional expenses fell by 36.4%, from $71K to $45K. In its most recent filing year (2015), Bethesda Prayer Ministries Inc reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $47K | $45K | $4K | $0 | — | View 990 |
| 2014 | $54K | $59K | $3K | $0 | — | View 990 |
| 2013 | $67K | $71K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $47K, expenses of $45K, and assets of $4K (revenue -13.9% year-over-year).
- 2014: Revenue of $54K, expenses of $59K, and assets of $3K (revenue -18.7% year-over-year).
- 2013: Revenue of $67K, expenses of $71K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethesda Prayer Ministries Inc:
Data Sources and Methodology
This transparency report for Bethesda Prayer 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.