Caribbean Ministries Association
Caribbean Ministries Association shows consistent revenue growth and zero reported officer compensation over multiple years.
EIN: 200709465 · Chattanooga, TN · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $925K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $947,669 |
| Net Assets | $364K |
| Transparency Score | 92/100 |
Is Caribbean Ministries Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caribbean Ministries Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caribbean Ministries Association
Caribbean Ministries Association (EIN: 200709465) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code X20. The organization reported total revenue of $1.2M and total assets of $507K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caribbean Ministries Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caribbean Ministries Association is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $948K |
| Total Expenses | $925K |
| Surplus / Deficit | +$23K |
| Total Assets | $374K |
| Total Liabilities | $10K |
| Net Assets | $364K |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2023, Caribbean Ministries Association reported a surplus of $23K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Caribbean Ministries Association's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.5% | +21.8% | +5.8% |
| 2022 | +3.1% | +4.6% | +9.2% |
| 2021 | +32.5% | +40.3% | +10.8% |
| 2020 | -26.1% | -26.9% | +33.8% |
| 2019 | +31.8% | +25.0% | +46.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
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 Caribbean Ministries Association with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Caribbean Ministries Association allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers. This is highly unusual for an organization of its size, with revenues reaching $947,669 in 2023, and suggests a volunteer-led or externally funded leadership 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 Caribbean Ministries Association's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting granular analysis of spending efficiency.
Strengths
The following positive indicators were identified for Caribbean Ministries Association:
- Consistent revenue growth over multiple years, indicating increasing support and impact.
- Zero reported officer compensation across all filings, suggesting high dedication to mission and efficient use of funds.
- Healthy asset growth and low liabilities, demonstrating strong financial management and stability.
- Consistent filing of IRS Form 990s over 14 periods, indicating good transparency and compliance.
- Positive net income (revenue exceeding expenses) in most recent years, contributing to financial reserves.
Frequently Asked Questions about Caribbean Ministries Association
Is Caribbean Ministries Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Caribbean Ministries Association (EIN: 200709465) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Caribbean Ministries Association spend its money?
Caribbean Ministries Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Caribbean Ministries Association tax-deductible?
Caribbean Ministries Association is registered as a tax-exempt nonprofit (EIN: 200709465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Caribbean Ministries Association CEO make?
Caribbean Ministries Association's highest-compensated officer earns $947,669 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Caribbean Ministries Association's spending goes to programs?
Caribbean Ministries Association directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Caribbean Ministries Association compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Caribbean Ministries Association 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 Caribbean Ministries Association located?
Caribbean Ministries Association is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 200709465. It is classified under NTEE code X20.
How many years of IRS 990 filings does Caribbean Ministries Association have?
Caribbean Ministries Association has 14 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 $1.2M in total revenue.
Is Caribbean Ministries Association a good charity?
Based on the available data, Caribbean Ministries Association appears to be a well-managed charity with consistent revenue growth, healthy asset accumulation, and remarkably, no reported officer compensation. This suggests a strong dedication to its mission and efficient use of funds.
How has the organization's revenue trended over the past few years?
The organization has shown strong revenue growth, increasing from $575,918 in 2020 to $947,669 in 2023, and reaching a latest reported revenue of $1,247,822.
What is the financial health of Caribbean Ministries Association?
The organization exhibits good financial health, with assets consistently growing (from $292,226 in 2020 to $374,157 in 2023) and liabilities remaining low, indicating a stable financial position.
Does Caribbean Ministries Association pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all available periods, indicating that officers are not compensated through the organization's funds.
What is the organization's NTEE code and what does it signify?
The NTEE code is X20, which typically represents 'Religion-Related, Spiritual Development' organizations. This indicates its primary focus is on religious or spiritual activities.
Filing History
IRS 990 filing history for Caribbean Ministries Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Caribbean Ministries Association's revenue has grown by 66.5%, moving from $569K to $948K. Total assets increased by 152.4% over the same period, from $148K to $374K. Total functional expenses rose by 61.1%, from $574K to $925K. In its most recent filing year (2023), Caribbean Ministries Association reported a surplus of $23K, with revenue exceeding expenses. The organization holds $10K in liabilities against $374K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $364K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $948K | $925K | $374K | $10K | — | — |
| 2022 | $787K | $759K | $354K | $12K | — | View 990 |
| 2021 | $763K | $726K | $324K | $10K | — | View 990 |
| 2020 | $576K | $517K | $292K | $16K | — | View 990 |
| 2019 | $779K | $708K | $218K | $615 | — | View 990 |
| 2018 | $591K | $566K | $149K | $3K | — | View 990 |
| 2017 | $565K | $568K | $127K | $4K | — | View 990 |
| 2016 | $576K | $547K | $129K | $3K | — | View 990 |
| 2015 | $483K | $534K | $103K | $6K | — | View 990 |
| 2014 | $518K | $44K | $155K | $6K | — | View 990 |
| 2013 | $531K | $540K | $158K | $3K | — | View 990 |
| 2012 | $595K | $560K | $167K | $3K | — | View 990 |
| 2011 | $559K | $568K | $132K | $4K | — | View 990 |
| 2010 | $569K | $574K | $148K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $948K, expenses of $925K, and assets of $374K (revenue +20.5% year-over-year).
- 2022: Revenue of $787K, expenses of $759K, and assets of $354K (revenue +3.1% year-over-year).
- 2021: Revenue of $763K, expenses of $726K, and assets of $324K (revenue +32.5% year-over-year).
- 2020: Revenue of $576K, expenses of $517K, and assets of $292K (revenue -26.1% year-over-year).
- 2019: Revenue of $779K, expenses of $708K, and assets of $218K (revenue +31.8% year-over-year).
- 2018: Revenue of $591K, expenses of $566K, and assets of $149K (revenue +4.5% year-over-year).
- 2017: Revenue of $565K, expenses of $568K, and assets of $127K (revenue -1.9% year-over-year).
- 2016: Revenue of $576K, expenses of $547K, and assets of $129K (revenue +19.3% year-over-year).
- 2015: Revenue of $483K, expenses of $534K, and assets of $103K (revenue -6.9% year-over-year).
- 2014: Revenue of $518K, expenses of $44K, and assets of $155K (revenue -2.4% year-over-year).
- 2013: Revenue of $531K, expenses of $540K, and assets of $158K (revenue -10.7% year-over-year).
- 2012: Revenue of $595K, expenses of $560K, and assets of $167K (revenue +6.4% year-over-year).
- 2011: Revenue of $559K, expenses of $568K, and assets of $132K (revenue -1.8% year-over-year).
- 2010: Revenue of $569K, expenses of $574K, and assets of $148K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caribbean Ministries Association:
Data Sources and Methodology
This transparency report for Caribbean Ministries Association 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.