Brad Hofen Ministries Inc

Brad Hofen Ministries Inc. shows fluctuating revenue and expenses, with recent surpluses after prior deficits, and no reported officer compensation.

EIN: 202034574 · Alva, OK · Updated: 2026-03-28

$0Revenue

$0Assets

65/100Mission Score (Good)

About Brad Hofen Ministries Inc

Brad Hofen Ministries Inc (EIN: 202034574) is a nonprofit organization based in Alva, OK. 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 Brad Hofen Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Brad Hofen Ministries Inc. appears to be a small, faith-based organization with fluctuating financial activity over the past decade. The most recent filing (202112) shows revenue of $57,023 and expenses of $47,292, resulting in a surplus for that period. However, prior years, such as 201812 and 201712, show expenses significantly exceeding revenue ($68,685 vs. $44,962 and $97,439 vs. $57,954, respectively), indicating periods of deficit spending. The organization's assets have also varied, peaking at $120,861 in 201512 and declining to $41,967 by 202112. The consistent reporting of zero liabilities across all available filings suggests a healthy balance sheet in terms of debt, which is a positive indicator for financial stability.

Given the provided data, there is no information on the breakdown of expenses into program, administrative, or fundraising categories, which limits the ability to assess spending efficiency. The absence of reported officer compensation across all filings suggests either a volunteer-led organization or that compensation falls below reporting thresholds, which can be a sign of efficient use of funds. However, without detailed expense categories, a comprehensive assessment of how efficiently donations are converted into programmatic impact is not possible. The organization consistently files its IRS 990, demonstrating a basic level of transparency regarding its financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Brad Hofen Ministries Inc with a Mission Score of 65 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Brad Hofen Ministries Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

No officer compensation has been reported across all available filings, suggesting that executive leadership may be volunteer-based or compensated below IRS reporting thresholds, which is positive for donor confidence in fund allocation.

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 Brad Hofen Ministries Inc's IRS 990 filings:

Fluctuating financial performance with periods of significant deficit spending (e.g., 201712 expenses $97,439 vs revenue $57,954).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.
Declining assets from a peak of $120,861 in 201512 to $41,967 in 202112.

Strengths

The following positive indicators were identified for Brad Hofen Ministries Inc:

Consistent filing of IRS 990 forms, indicating basic financial transparency.
Zero reported liabilities across all filings, suggesting no outstanding debt.
No reported officer compensation, which can indicate efficient use of funds for mission-related activities.

Frequently Asked Questions about Brad Hofen Ministries Inc

What are the specific programs Brad Hofen Ministries Inc. operates?

The provided IRS 990 data does not detail the specific programs or activities of Brad Hofen Ministries Inc. Further investigation into their mission statement or website would be necessary.

What is the breakdown of expenses into program, administrative, and fundraising costs?

The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, or fundraising categories, making it difficult to assess spending efficiency accurately.

How does Brad Hofen Ministries Inc. sustain itself during periods of deficit spending?

During periods where expenses exceeded revenue (e.g., 201812 and 201712), the organization likely drew upon its accumulated assets to cover the shortfall, as liabilities remained at $0.

Filing History

IRS 990 filing history for Brad Hofen Ministries Inc showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2012–2021), Brad Hofen Ministries Inc's revenue has declined by 30.2%, moving from $82K to $57K. Total assets increased by 34.3% over the same period, from $31K to $42K. Total functional expenses fell by 34.3%, from $72K to $47K. In its most recent filing year (2021), Brad Hofen Ministries Inc reported a surplus of $10K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2021	$57K	$47K	$42K	$0	—	—
2018	$45K	$69K	$55K	$0	—	View 990
2017	$58K	$97K	$78K	$0	—	View 990
2016	$84K	$87K	$118K	$0	—	View 990
2015	$104K	$86K	$121K	$0	—	View 990
2014	$99K	$68K	$103K	$0	—	View 990
2013	$110K	$69K	$72K	$0	—	View 990
2012	$82K	$72K	$31K	$0	—	View 990

Year-by-Year Financial Summary

2021: Revenue of $57K, expenses of $47K, and assets of $42K (revenue +26.8% year-over-year).
2018: Revenue of $45K, expenses of $69K, and assets of $55K (revenue -22.4% year-over-year).
2017: Revenue of $58K, expenses of $97K, and assets of $78K (revenue -31.3% year-over-year).
2016: Revenue of $84K, expenses of $87K, and assets of $118K (revenue -19.1% year-over-year).
2015: Revenue of $104K, expenses of $86K, and assets of $121K (revenue +5.5% year-over-year).
2014: Revenue of $99K, expenses of $68K, and assets of $103K (revenue -10.2% year-over-year).
2013: Revenue of $110K, expenses of $69K, and assets of $72K (revenue +34.8% year-over-year).
2012: Revenue of $82K, expenses of $72K, and assets of $31K.

Data Sources and Methodology

This transparency report for Brad Hofen 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.