Blackaby Ministries International Inc
Blackaby Ministries International Inc maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 200573979 · Jonesboro, GA · NTEE: X20 · Updated: 2026-03-28
Is Blackaby Ministries International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blackaby Ministries International Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blackaby Ministries International Inc
Blackaby Ministries International Inc (EIN: 200573979) is a nonprofit organization based in Jonesboro, GA, classified under NTEE code X20. The organization reported total revenue of $1.2M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blackaby Ministries International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blackaby Ministries International Inc is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $853K |
| Total Expenses | $915K |
| Surplus / Deficit | $-61,656 |
| Total Assets | $1.5M |
| Total Liabilities | $28K |
| Net Assets | $1.5M |
| Operating Margin | -7.2% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 19.6 months |
Financial Health Grade: B
In 2023, Blackaby Ministries International Inc reported a deficit of $62K with expenses exceeding revenue, holds 19.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Blackaby Ministries International Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.3% | +1.9% | +1.5% |
| 2022 | +36.8% | +17.0% | +48.3% |
| 2021 | +37.1% | +9.2% | +45.4% |
| 2020 | -2.1% | -7.6% | +18.1% |
| 2019 | +4.2% | -0.7% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7210 |
| IRS Ruling Date | 2005 |
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 Blackaby Ministries International Inc with a Mission Score of 90 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, Blackaby Ministries International Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly unusual for an organization of this size and suggests a strong volunteer-driven leadership or alternative compensation structures not reported as officer compensation.
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 Blackaby Ministries International Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest filing (2023), with $914,735 in expenses against $853,079 in revenue, though this is an isolated incident in recent years.
Strengths
The following positive indicators were identified for Blackaby Ministries International Inc:
- Consistent asset growth, increasing from $229,158 in 2014 to $1,495,535 in 2023.
- Zero reported officer compensation across all available filings, indicating high efficiency in directing funds to mission.
- Generally stable revenue streams over the past decade, averaging around $800,000 to $1 million annually.
- Low liabilities relative to assets, with liabilities at $27,720 against assets of $1,495,535 in 2023.
Frequently Asked Questions about Blackaby Ministries International Inc
Is Blackaby Ministries International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blackaby Ministries International Inc (EIN: 200573979) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Blackaby Ministries International Inc spend its money?
Blackaby Ministries International Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blackaby Ministries International Inc tax-deductible?
Blackaby Ministries International Inc is registered as a tax-exempt nonprofit (EIN: 200573979). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Blackaby Ministries International Inc a good charity?
Based on the available financial data, Blackaby Ministries International Inc appears to be a well-managed organization with strong financial health, consistent asset growth, and a notable commitment to not paying officer compensation, which suggests a high dedication to its mission.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, with assets increasing from $229,158 in 2014 to $1,495,535 in 2023. Revenue has also generally trended upwards, though with some fluctuations, such as the dip in 2023 revenue compared to 2022.
What is the organization's approach to executive compensation?
Blackaby Ministries International Inc consistently reports 0% officer compensation across all 10 available filings, indicating that no officers or key employees are compensated directly by the organization, which is a strong positive for resource allocation to programs.
Filing History
IRS 990 filing history for Blackaby Ministries International Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Blackaby Ministries International Inc's revenue has grown by 49.7%, moving from $570K to $853K. Total assets increased by 1059.1% over the same period, from $129K to $1.5M. Total functional expenses rose by 68%, from $545K to $915K. In its most recent filing year (2023), Blackaby Ministries International Inc reported a deficit of $62K, with expenses exceeding revenue. The organization holds $28K in liabilities against $1.5M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $853K | $915K | $1.5M | $28K | — | — |
| 2022 | $1.5M | $898K | $1.5M | $16K | — | View 990 |
| 2021 | $1.1M | $768K | $994K | $7K | — | View 990 |
| 2020 | $775K | $703K | $684K | $21K | — | View 990 |
| 2019 | $791K | $761K | $579K | $15K | — | View 990 |
| 2018 | $760K | $766K | $517K | $22K | — | View 990 |
| 2017 | $724K | $787K | $562K | $32K | — | View 990 |
| 2016 | $780K | $660K | $537K | $30K | — | View 990 |
| 2015 | $889K | $696K | $419K | $31K | — | View 990 |
| 2014 | $694K | $628K | $229K | $36K | — | View 990 |
| 2013 | $673K | $659K | $162K | $36K | — | View 990 |
| 2012 | $598K | $565K | $142K | $32K | — | View 990 |
| 2011 | $566K | $597K | $96K | $18K | — | View 990 |
| 2010 | $570K | $545K | $129K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $853K, expenses of $915K, and assets of $1.5M (revenue -41.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $898K, and assets of $1.5M (revenue +36.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $768K, and assets of $994K (revenue +37.1% year-over-year).
- 2020: Revenue of $775K, expenses of $703K, and assets of $684K (revenue -2.1% year-over-year).
- 2019: Revenue of $791K, expenses of $761K, and assets of $579K (revenue +4.2% year-over-year).
- 2018: Revenue of $760K, expenses of $766K, and assets of $517K (revenue +4.9% year-over-year).
- 2017: Revenue of $724K, expenses of $787K, and assets of $562K (revenue -7.1% year-over-year).
- 2016: Revenue of $780K, expenses of $660K, and assets of $537K (revenue -12.3% year-over-year).
- 2015: Revenue of $889K, expenses of $696K, and assets of $419K (revenue +28.0% year-over-year).
- 2014: Revenue of $694K, expenses of $628K, and assets of $229K (revenue +3.2% year-over-year).
- 2013: Revenue of $673K, expenses of $659K, and assets of $162K (revenue +12.4% year-over-year).
- 2012: Revenue of $598K, expenses of $565K, and assets of $142K (revenue +5.7% year-over-year).
- 2011: Revenue of $566K, expenses of $597K, and assets of $96K (revenue -0.7% year-over-year).
- 2010: Revenue of $570K, expenses of $545K, and assets of $129K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blackaby Ministries International Inc:
Data Sources and Methodology
This transparency report for Blackaby Ministries International 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.