Centershot Ministries Inc
Centershot Ministries Inc maintains volunteer leadership and growing assets with consistent revenue.
EIN: 205598266 · Green Bay, WI · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $339K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300,000 |
| Net Assets | $125K |
| Transparency Score | 92/100 |
Is Centershot Ministries Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Centershot Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Centershot Ministries Inc
Centershot Ministries Inc (EIN: 205598266) is a nonprofit organization based in Green Bay, WI, classified under NTEE code O50. The organization reported total revenue of $1.0M and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centershot Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centershot Ministries Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $374K |
| Total Expenses | $339K |
| Surplus / Deficit | +$35K |
| Total Assets | $149K |
| Total Liabilities | $23K |
| Net Assets | $125K |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 15.7% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2023, Centershot Ministries Inc reported a surplus of $35K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 15.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Centershot Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +6.3% | +46.0% |
| 2022 | +17.9% | +0.9% | +95.1% |
| 2021 | +1.7% | +18.2% | -3.9% |
| 2020 | -26.4% | -39.3% | +155.8% |
| 2019 | +37.1% | +44.5% | -23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Centershot Ministries Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Centershot Ministries Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.7%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteer leadership. This is highly unusual for an organization with over $300,000 in annual revenue and suggests a strong commitment to minimizing administrative costs and maximizing program delivery.
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.
Strengths
The following positive indicators were identified for Centershot Ministries Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Consistent asset growth, from $12,771 in 2015 to $148,708 in 2023, demonstrating financial stability.
- Expenses generally below revenue, allowing for surplus and asset accumulation.
- Long history of IRS 990 filings (14 filings), indicating transparency and consistent operation.
- Strong program focus implied by the absence of executive compensation and efficient spending.
Frequently Asked Questions about Centershot Ministries Inc
Is Centershot Ministries Inc a legitimate charity?
Centershot Ministries Inc (EIN: 205598266) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Centershot Ministries Inc spend its money?
Centershot Ministries Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Centershot Ministries Inc tax-deductible?
Centershot Ministries Inc is registered as a tax-exempt nonprofit (EIN: 205598266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Centershot Ministries Inc CEO make?
Centershot Ministries Inc's highest-compensated officer earns $300,000 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Centershot Ministries Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Centershot Ministries Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Centershot Ministries Inc located?
Centershot Ministries Inc is headquartered in Green Bay, Wisconsin and files with the IRS under EIN 205598266. It is classified under NTEE code O50.
How many years of IRS 990 filings does Centershot Ministries Inc have?
Centershot Ministries Inc 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 $1.0M in total revenue.
Is Centershot Ministries Inc a good charity?
Based on the available financial data, Centershot Ministries Inc appears to be a well-managed charity. It consistently reports 0% officer compensation, indicating volunteer leadership, and has shown consistent asset growth. Its expenses are generally below revenue, allowing for financial stability and growth.
How does Centershot Ministries Inc manage its finances?
The organization manages its finances prudently, consistently operating with expenses below or near revenue, leading to asset growth from $12,771 in 2015 to $148,708 in 2023. The absence of officer compensation suggests a highly efficient use of funds.
What is the trend in Centershot Ministries Inc's revenue and assets?
Revenue has fluctuated but generally shows an upward trend, with the latest reported revenue at $373,512 in 2023. Assets have shown consistent growth, increasing significantly from $12,771 in 2015 to $148,708 in 2023, indicating financial health and accumulation of resources.
Filing History
IRS 990 filing history for Centershot Ministries Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Centershot Ministries Inc's revenue has declined by 33%, moving from $558K to $374K. Total assets increased by 712.3% over the same period, from $18K to $149K. Total functional expenses fell by 41.1%, from $576K to $339K. In its most recent filing year (2023), Centershot Ministries Inc reported a surplus of $35K, with revenue exceeding expenses. The organization holds $23K in liabilities against $149K in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $125K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $374K | $339K | $149K | $23K | — | — |
| 2022 | $368K | $319K | $102K | $11K | — | View 990 |
| 2021 | $312K | $316K | $52K | $11K | — | View 990 |
| 2020 | $307K | $267K | $54K | $10K | — | View 990 |
| 2019 | $417K | $440K | $21K | $16K | — | View 990 |
| 2018 | $305K | $305K | $28K | $0 | — | View 990 |
| 2017 | $335K | $336K | $28K | $0 | — | View 990 |
| 2016 | $315K | $298K | $30K | $0 | — | View 990 |
| 2015 | $160K | $192K | $13K | $0 | — | View 990 |
| 2015 | $523K | $525K | $45K | $0 | — | View 990 |
| 2014 | $569K | $515K | $46K | $0 | — | View 990 |
| 2013 | $559K | $503K | $23K | $31K | — | View 990 |
| 2012 | $528K | $576K | $15K | $80K | — | View 990 |
| 2011 | $558K | $576K | $18K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $374K, expenses of $339K, and assets of $149K (revenue +1.4% year-over-year).
- 2022: Revenue of $368K, expenses of $319K, and assets of $102K (revenue +17.9% year-over-year).
- 2021: Revenue of $312K, expenses of $316K, and assets of $52K (revenue +1.7% year-over-year).
- 2020: Revenue of $307K, expenses of $267K, and assets of $54K (revenue -26.4% year-over-year).
- 2019: Revenue of $417K, expenses of $440K, and assets of $21K (revenue +37.1% year-over-year).
- 2018: Revenue of $305K, expenses of $305K, and assets of $28K (revenue -9.0% year-over-year).
- 2017: Revenue of $335K, expenses of $336K, and assets of $28K (revenue +6.2% year-over-year).
- 2016: Revenue of $315K, expenses of $298K, and assets of $30K (revenue +97.0% year-over-year).
- 2015: Revenue of $160K, expenses of $192K, and assets of $13K (revenue -69.4% year-over-year).
- 2015: Revenue of $523K, expenses of $525K, and assets of $45K (revenue -8.2% year-over-year).
- 2014: Revenue of $569K, expenses of $515K, and assets of $46K (revenue +1.9% year-over-year).
- 2013: Revenue of $559K, expenses of $503K, and assets of $23K (revenue +5.7% year-over-year).
- 2012: Revenue of $528K, expenses of $576K, and assets of $15K (revenue -5.3% year-over-year).
- 2011: Revenue of $558K, expenses of $576K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centershot Ministries Inc:
Data Sources and Methodology
This transparency report for Centershot 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.