Dramatic Worship Ministries Inc
Dramatic Worship Ministries Inc shows strong asset growth and no reported officer compensation, despite fluctuating revenues.
EIN: 201867313 · Fort Worth, TX · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $982K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2,417,060 |
| Net Assets | $4.3M |
| Transparency Score | 85/100 |
Is Dramatic Worship Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dramatic Worship Ministries Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dramatic Worship Ministries Inc
Dramatic Worship Ministries Inc (EIN: 201867313) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code X99. The organization reported total revenue of $2.4M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dramatic Worship Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dramatic Worship Ministries Inc is a mid-size nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $982K |
| Surplus / Deficit | +$89K |
| Total Assets | $4.3M |
| Total Liabilities | $503 |
| Net Assets | $4.3M |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 52.2 months |
Financial Health Grade: A
In 2023, Dramatic Worship Ministries Inc reported a surplus of $89K with revenue exceeding expenses, holds 52.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Dramatic Worship Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.2% | +24.6% | +2.1% |
| 2022 | +134.5% | +13.2% | +14.2% |
| 2021 | -69.8% | +135.8% | -5.3% |
| 2019 | -164.6% | +124.0% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Dramatic Worship Ministries Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Dramatic Worship Ministries Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers. This is a positive sign for a nonprofit of its size, with latest revenue of $2,417,060 and assets of $4,709,154, as it suggests a high dedication of resources to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Dramatic Worship Ministries Inc's IRS 990 filings:
- Significant revenue volatility, including a negative revenue year in 2019 ($-237,077), which could indicate unpredictable funding streams.
Strengths
The following positive indicators were identified for Dramatic Worship Ministries Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship and mission focus.
- Steady growth in assets over the past decade, from $1,957,146 in 2011 to $4,271,205 in 2023, demonstrating financial stability.
- Positive net income in most recent years (e.g., $89,137 in 2023 and $521,442 in 2022), indicating financial health.
Frequently Asked Questions about Dramatic Worship Ministries Inc
Is Dramatic Worship Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dramatic Worship Ministries Inc (EIN: 201867313) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Dramatic Worship Ministries Inc spend its money?
Dramatic Worship Ministries Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dramatic Worship Ministries Inc tax-deductible?
Dramatic Worship Ministries Inc is registered as a tax-exempt nonprofit (EIN: 201867313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Dramatic Worship Ministries Inc CEO make?
Dramatic Worship Ministries Inc's highest-compensated officer earns $2,417,060 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Dramatic Worship Ministries Inc's spending goes to programs?
Dramatic Worship Ministries Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dramatic Worship Ministries Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dramatic Worship Ministries Inc is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dramatic Worship Ministries Inc located?
Dramatic Worship Ministries Inc is headquartered in Fort Worth, Texas and files with the IRS under EIN 201867313. It is classified under NTEE code X99.
How many years of IRS 990 filings does Dramatic Worship Ministries Inc have?
Dramatic Worship Ministries Inc has 10 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 $2.4M in total revenue.
Is Dramatic Worship Ministries Inc a good charity?
Based on the available data, Dramatic Worship Ministries Inc appears to be a financially sound organization with strong asset growth and a commendable policy of 0% officer compensation. Its revenue has been volatile but shows recent positive trends. The lack of detailed expense breakdowns makes a full assessment of program efficiency difficult, but the absence of executive compensation is a significant positive.
How has the organization's revenue trended over time?
Revenue has been highly variable, ranging from a low of $-237,077 in 2019 to a high of $1,846,120 in 2020. More recently, revenue was $1,309,587 in 2022 and $1,070,890 in 2023, indicating a generally strong recovery and growth trend after the 2019 dip.
What is the organization's approach to executive compensation?
Dramatic Worship Ministries Inc consistently reports 0% officer compensation in all available IRS 990 filings. This indicates that no salaries or other compensation are paid to its officers, which is a strong positive for a nonprofit.
Has the organization's asset base grown?
Yes, the organization's assets have shown consistent growth, increasing from $1,957,146 in 2011 to $4,271,205 in 2023, demonstrating financial stability and accumulation of resources.
Filing History
IRS 990 filing history for Dramatic Worship Ministries Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dramatic Worship Ministries Inc's revenue has grown by 136.7%, moving from $452K to $1.1M. Total assets increased by 118.2% over the same period, from $2.0M to $4.3M. Total functional expenses rose by 1229.4%, from $74K to $982K. In its most recent filing year (2023), Dramatic Worship Ministries Inc reported a surplus of $89K, with revenue exceeding expenses. The organization holds $503 in liabilities against $4.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $982K | $4.3M | $503 | — | — |
| 2022 | $1.3M | $788K | $4.2M | $503 | — | View 990 |
| 2021 | $558K | $696K | $3.7M | $503 | — | View 990 |
| 2020 | $1.8M | $295K | $3.9M | $68K | — | View 990 |
| 2019 | $-237,077 | $379K | $2.7M | $432K | — | View 990 |
| 2015 | $367K | $169K | $2.2M | $1 | — | View 990 |
| 2014 | $189K | $105K | $2.0M | $1 | — | View 990 |
| 2013 | $43K | $69K | $2.0M | $1K | — | View 990 |
| 2012 | $87K | $65K | $2.0M | $2K | — | View 990 |
| 2011 | $452K | $74K | $2.0M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $982K, and assets of $4.3M (revenue -18.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $788K, and assets of $4.2M (revenue +134.5% year-over-year).
- 2021: Revenue of $558K, expenses of $696K, and assets of $3.7M (revenue -69.8% year-over-year).
- 2020: Revenue of $1.8M, expenses of $295K, and assets of $3.9M.
- 2019: Revenue of $-237,077, expenses of $379K, and assets of $2.7M (revenue -164.6% year-over-year).
- 2015: Revenue of $367K, expenses of $169K, and assets of $2.2M (revenue +94.7% year-over-year).
- 2014: Revenue of $189K, expenses of $105K, and assets of $2.0M (revenue +343.3% year-over-year).
- 2013: Revenue of $43K, expenses of $69K, and assets of $2.0M (revenue -51.3% year-over-year).
- 2012: Revenue of $87K, expenses of $65K, and assets of $2.0M (revenue -80.7% year-over-year).
- 2011: Revenue of $452K, expenses of $74K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dramatic Worship Ministries Inc:
Data Sources and Methodology
This transparency report for Dramatic Worship 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.