Bungoma Bible Ministries
EIN: 463642934 · Colorado Spgs, CO · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $135K |
| Net Assets | $213K |
Is Bungoma Bible Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bungoma Bible Ministries
Bungoma Bible Ministries (EIN: 463642934) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code P12. The organization reported total revenue of $152K and total assets of $211K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bungoma Bible Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bungoma Bible Ministries is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 49.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $135K |
| Surplus / Deficit | +$28K |
| Total Assets | $213K |
| Net Assets | $213K |
| Operating Margin | 17.4% |
| Months of Reserves | 18.9 months |
Financial Health Grade: A
In 2023, Bungoma Bible Ministries reported a surplus of $28K with revenue exceeding expenses, holds 18.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Bungoma Bible Ministries's revenue has grown at a compound annual growth rate (CAGR) of 49.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.7% | +22.7% | +15.4% |
| 2022 | +21.9% | +21.9% | +8.3% |
| 2021 | +6.6% | -9.0% | +7.4% |
| 2020 | -56.1% | -3.9% | -2.2% |
| 2019 | +77.5% | -28.1% | +243.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bungoma Bible Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bungoma Bible Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
Frequently Asked Questions about Bungoma Bible Ministries
Is Bungoma Bible Ministries a legitimate charity?
Bungoma Bible Ministries (EIN: 463642934) is a registered tax-exempt nonprofit based in Colorado. It has 11 years of IRS 990 filings on record. Total revenue: $152K. No red flags identified. Financial health grade: A.
How does Bungoma Bible Ministries spend its money?
Bungoma Bible Ministries reported $152K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bungoma Bible Ministries tax-deductible?
Bungoma Bible Ministries is registered as a tax-exempt nonprofit (EIN: 463642934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bungoma Bible Ministries located?
Bungoma Bible Ministries is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 463642934. It is classified under NTEE code P12.
How many years of IRS 990 filings does Bungoma Bible Ministries have?
Bungoma Bible Ministries has 11 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 $152K in total revenue.
Filing History
IRS 990 filing history for Bungoma Bible Ministries showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Bungoma Bible Ministries's revenue has grown by 5629.1%, moving from $3K to $164K. Total assets increased by 15792.4% over the same period, from $1K to $213K. Total functional expenses rose by 8809.6%, from $2K to $135K. In its most recent filing year (2023), Bungoma Bible Ministries reported a surplus of $28K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $135K | $213K | $0 | — | View 990 |
| 2022 | $124K | $110K | $184K | $0 | — | View 990 |
| 2021 | $102K | $90K | $170K | $0 | — | — |
| 2020 | $96K | $99K | $158K | $0 | — | View 990 |
| 2019 | $218K | $103K | $162K | $0 | — | View 990 |
| 2018 | $123K | $144K | $47K | $0 | — | View 990 |
| 2017 | $153K | $135K | $68K | $0 | — | View 990 |
| 2016 | $116K | $100K | $50K | $0 | — | View 990 |
| 2015 | $130K | $113K | $34K | $0 | — | View 990 |
| 2014 | $89K | $74K | $16K | $0 | — | View 990 |
| 2013 | $3K | $2K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $135K, and assets of $213K (revenue +31.7% year-over-year).
- 2022: Revenue of $124K, expenses of $110K, and assets of $184K (revenue +21.9% year-over-year).
- 2021: Revenue of $102K, expenses of $90K, and assets of $170K (revenue +6.6% year-over-year).
- 2020: Revenue of $96K, expenses of $99K, and assets of $158K (revenue -56.1% year-over-year).
- 2019: Revenue of $218K, expenses of $103K, and assets of $162K (revenue +77.5% year-over-year).
- 2018: Revenue of $123K, expenses of $144K, and assets of $47K (revenue -19.6% year-over-year).
- 2017: Revenue of $153K, expenses of $135K, and assets of $68K (revenue +31.6% year-over-year).
- 2016: Revenue of $116K, expenses of $100K, and assets of $50K (revenue -11.0% year-over-year).
- 2015: Revenue of $130K, expenses of $113K, and assets of $34K (revenue +47.0% year-over-year).
- 2014: Revenue of $89K, expenses of $74K, and assets of $16K (revenue +3007.2% year-over-year).
- 2013: Revenue of $3K, expenses of $2K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bungoma Bible Ministries:
Data Sources and Methodology
This transparency report for Bungoma Bible Ministries 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.