Buddy Fisher Ministries Inc
Buddy Fisher Ministries Inc consistently operates with zero liabilities but frequently spends more than its annual revenue.
EIN: 205107455 · N Little Rock, AR · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $44K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40,000 |
| Net Assets | $12K |
| Transparency Score | 70/100 |
Is Buddy Fisher Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Buddy Fisher Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Buddy Fisher Ministries Inc
Buddy Fisher Ministries Inc (EIN: 205107455) is a nonprofit organization based in N Little Rock, AR, classified under NTEE code X20. The organization reported total revenue of $41K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buddy Fisher Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buddy Fisher Ministries Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $44K |
| Surplus / Deficit | $-4,077 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | -10.2% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, Buddy Fisher Ministries Inc reported a deficit of $4K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Buddy Fisher Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.8% | -5.2% | -24.8% |
| 2022 | +5.8% | +0.1% | +57.2% |
| 2021 | +16.6% | -0.2% | +43.3% |
| 2020 | +0.3% | +19.8% | -35.4% |
| 2019 | +22.1% | +9.3% | +46.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Buddy Fisher Ministries Inc with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Buddy Fisher Ministries 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 $4K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with over $40,000 in annual revenue and suggests a volunteer-led structure.
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 Buddy Fisher Ministries Inc's IRS 990 filings:
- Frequent deficit spending (expenses exceeding revenue in most years, e.g., 2023 expenses $44,032 vs. revenue $39,955)
- Long-term declining asset base (from $29,000 in 2014 to $11,940 currently)
Strengths
The following positive indicators were identified for Buddy Fisher Ministries Inc:
- Consistent 0% officer compensation, indicating resources are directed to mission
- Zero liabilities reported across all filings, demonstrating financial prudence regarding debt
- Consistent IRS 990 filing history, indicating transparency
Frequently Asked Questions about Buddy Fisher Ministries Inc
Is Buddy Fisher Ministries Inc a legitimate charity?
Buddy Fisher Ministries Inc (EIN: 205107455) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $41K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Buddy Fisher Ministries Inc spend its money?
Buddy Fisher Ministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Buddy Fisher Ministries Inc tax-deductible?
Buddy Fisher Ministries Inc is registered as a tax-exempt nonprofit (EIN: 205107455). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Buddy Fisher Ministries Inc CEO make?
Buddy Fisher Ministries Inc's highest-compensated officer earns $40,000 annually. The organization reported $41K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Buddy Fisher Ministries Inc's spending goes to programs?
Buddy Fisher Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Buddy Fisher Ministries Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Buddy Fisher 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 Buddy Fisher Ministries Inc located?
Buddy Fisher Ministries Inc is headquartered in N Little Rock, Arkansas and files with the IRS under EIN 205107455. It is classified under NTEE code X20.
How many years of IRS 990 filings does Buddy Fisher Ministries Inc have?
Buddy Fisher 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 $41K in total revenue.
Is Buddy Fisher Ministries Inc a good charity?
Buddy Fisher Ministries Inc exhibits strong financial transparency through consistent IRS 990 filings and a commitment to its mission by not paying officer compensation. However, its frequent deficit spending and declining asset base over the long term raise questions about its long-term financial sustainability, despite having no liabilities.
How does Buddy Fisher Ministries Inc manage its expenses given its revenue fluctuations?
The organization frequently incurs expenses that exceed its revenue, as seen in 2023 ($44,032 expenses vs. $39,955 revenue). This suggests it may be drawing down on reserves or relying on prior year surpluses to cover operational costs, which is not sustainable indefinitely.
What is the trend in Buddy Fisher Ministries Inc's assets?
The organization's assets have generally declined over the past decade, from $29,000 in 2014 to $11,940 currently, although there have been fluctuations and periods of growth within this trend.
Does Buddy Fisher Ministries Inc have any debt?
No, Buddy Fisher Ministries Inc consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Buddy Fisher Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Buddy Fisher Ministries Inc's revenue has declined by 14.6%, moving from $47K to $40K. Total assets decreased by 69.3% over the same period, from $40K to $12K. Total functional expenses fell by 16.8%, from $53K to $44K. In its most recent filing year (2023), Buddy Fisher Ministries Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $44K | $12K | $0 | — | — |
| 2022 | $52K | $46K | $16K | $0 | — | View 990 |
| 2021 | $50K | $46K | $10K | $0 | — | — |
| 2020 | $43K | $47K | $7K | $0 | — | View 990 |
| 2019 | $42K | $39K | $11K | $0 | — | — |
| 2018 | $35K | $36K | $8K | $0 | — | View 990 |
| 2017 | $45K | $55K | $8K | $0 | — | View 990 |
| 2016 | $42K | $47K | $18K | $0 | — | View 990 |
| 2015 | $42K | $49K | $22K | $0 | — | View 990 |
| 2014 | $44K | $46K | $29K | $0 | — | View 990 |
| 2013 | $55K | $49K | $25K | $0 | — | View 990 |
| 2012 | $49K | $52K | $23K | $4K | — | View 990 |
| 2011 | $47K | $53K | $40K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $44K, and assets of $12K (revenue -23.8% year-over-year).
- 2022: Revenue of $52K, expenses of $46K, and assets of $16K (revenue +5.8% year-over-year).
- 2021: Revenue of $50K, expenses of $46K, and assets of $10K (revenue +16.6% year-over-year).
- 2020: Revenue of $43K, expenses of $47K, and assets of $7K (revenue +0.3% year-over-year).
- 2019: Revenue of $42K, expenses of $39K, and assets of $11K (revenue +22.1% year-over-year).
- 2018: Revenue of $35K, expenses of $36K, and assets of $8K (revenue -23.6% year-over-year).
- 2017: Revenue of $45K, expenses of $55K, and assets of $8K (revenue +7.7% year-over-year).
- 2016: Revenue of $42K, expenses of $47K, and assets of $18K (revenue +0.0% year-over-year).
- 2015: Revenue of $42K, expenses of $49K, and assets of $22K (revenue -4.0% year-over-year).
- 2014: Revenue of $44K, expenses of $46K, and assets of $29K (revenue -20.0% year-over-year).
- 2013: Revenue of $55K, expenses of $49K, and assets of $25K (revenue +11.3% year-over-year).
- 2012: Revenue of $49K, expenses of $52K, and assets of $23K (revenue +5.6% year-over-year).
- 2011: Revenue of $47K, expenses of $53K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Buddy Fisher Ministries Inc:
Data Sources and Methodology
This transparency report for Buddy Fisher 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.