Burnt Folk Ministry
Burnt Folk Ministry faces declining revenue and increasing liabilities despite asset growth.
EIN: 200065328 · Stevensville, MT · NTEE: X192 · Updated: 2026-03-28
Is Burnt Folk Ministry Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Burnt Folk Ministry directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Burnt Folk Ministry
Burnt Folk Ministry (EIN: 200065328) is a nonprofit organization based in Stevensville, MT, classified under NTEE code X192. The organization reported total revenue of $242K and total assets of $591K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burnt Folk Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Burnt Folk Ministry 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Burnt Folk Ministry allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly favorable for a nonprofit of its size.
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 Burnt Folk Ministry's IRS 990 filings:
- Significant revenue volatility, particularly the sharp decline post-2021.
- Expenses consistently exceeding revenue in recent periods (e.g., 2022, 2023).
- Substantial increase in liabilities in 2023 ($385,000) without clear explanation in provided data.
Strengths
The following positive indicators were identified for Burnt Folk Ministry:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Significant growth in assets over the past decade, from $2,599 in 2011 to $1,146,918 in 2023.
- Long filing history (10 filings), suggesting established operations.
Frequently Asked Questions about Burnt Folk Ministry
Is Burnt Folk Ministry a legitimate charity?
Based on AI analysis of IRS 990 filings, Burnt Folk Ministry (EIN: 200065328) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Burnt Folk Ministry spend its money?
Burnt Folk Ministry directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Burnt Folk Ministry tax-deductible?
Burnt Folk Ministry is registered as a tax-exempt nonprofit (EIN: 200065328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Burnt Folk Ministry's revenue drop significantly after 2021?
The filings show a peak revenue of $1,026,926 in 2021, which then fell to $27,496 in 2022 and $87,001 in 2023. This drastic decline warrants further investigation into funding sources and operational changes.
What caused the substantial increase in liabilities in 2023?
Liabilities jumped from $1 in 2022 to $385,000 in 2023. Understanding the nature of these liabilities (e.g., loans, deferred revenue, program obligations) is crucial for assessing financial risk.
How does Burnt Folk Ministry sustain operations with expenses consistently exceeding revenue in recent years?
In 2023, expenses were $188,074 against $87,001 in revenue, and in 2022, expenses were $222,212 against $27,496 in revenue. This suggests reliance on prior year surpluses, asset liquidation, or new debt to cover operational costs.
Filing History
IRS 990 filing history for Burnt Folk Ministry showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Burnt Folk Ministry's revenue has declined by 67.2%, moving from $265K to $87K. Total assets increased by 44029.2% over the same period, from $3K to $1.1M. Total functional expenses fell by 29.4%, from $267K to $188K. In its most recent filing year (2023), Burnt Folk Ministry reported a deficit of $101K, with expenses exceeding revenue. The organization holds $385K in liabilities against $1.1M in assets (debt-to-asset ratio: 33.6%), resulting in net assets of $762K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $87K | $188K | $1.1M | $385K | — | — |
| 2022 | $27K | $222K | $863K | $1 | — | View 990 |
| 2021 | $1.0M | $260K | $1.1M | $1 | — | — |
| 2020 | $321K | $245K | $291K | $1 | — | View 990 |
| 2019 | $463K | $259K | $215K | $1 | — | View 990 |
| 2015 | $217K | $217K | $7K | $0 | — | View 990 |
| 2014 | $225K | $226K | $7K | $0 | — | View 990 |
| 2013 | $174K | $169K | $8K | $0 | — | View 990 |
| 2012 | $247K | $247K | $3K | $0 | — | View 990 |
| 2011 | $265K | $267K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $87K, expenses of $188K, and assets of $1.1M (revenue +216.4% year-over-year).
- 2022: Revenue of $27K, expenses of $222K, and assets of $863K (revenue -97.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $260K, and assets of $1.1M (revenue +220.4% year-over-year).
- 2020: Revenue of $321K, expenses of $245K, and assets of $291K (revenue -30.8% year-over-year).
- 2019: Revenue of $463K, expenses of $259K, and assets of $215K (revenue +112.9% year-over-year).
- 2015: Revenue of $217K, expenses of $217K, and assets of $7K (revenue -3.2% year-over-year).
- 2014: Revenue of $225K, expenses of $226K, and assets of $7K (revenue +29.0% year-over-year).
- 2013: Revenue of $174K, expenses of $169K, and assets of $8K (revenue -29.5% year-over-year).
- 2012: Revenue of $247K, expenses of $247K, and assets of $3K (revenue -6.8% year-over-year).
- 2011: Revenue of $265K, expenses of $267K, and assets of $3K.
Data Sources and Methodology
This transparency report for Burnt Folk Ministry 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.