Eagle Fire Ministries Inc
Eagle Fire Ministries Inc. faces recurring operating deficits and increasing liabilities despite zero executive compensation.
EIN: 203066232 · Dover, DE · NTEE: X192 · Updated: 2026-03-28
Is Eagle Fire Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eagle Fire Ministries Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eagle Fire Ministries Inc
Eagle Fire Ministries Inc (EIN: 203066232) is a nonprofit organization based in Dover, DE, classified under NTEE code X192. The organization reported total revenue of $82K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eagle Fire Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eagle Fire Ministries Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $131K |
| Surplus / Deficit | $-51,153 |
| Total Assets | $86K |
| Total Liabilities | $39K |
| Net Assets | $48K |
| Operating Margin | -64.4% |
| Debt-to-Asset Ratio | 44.7% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2023, Eagle Fire Ministries Inc reported a deficit of $51K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 44.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eagle Fire Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | +71.9% | -46.9% |
| 2022 | -17.4% | +12.3% | +6.7% |
| 2021 | +26.2% | -19.8% | +154.7% |
| 2020 | +0.5% | +5.1% | -7.8% |
| 2019 | +76.8% | +10.9% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Eagle Fire Ministries Inc with a Mission Score of 65 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, Eagle Fire Ministries Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $51K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors receive salaries from the organization, which is highly commendable 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 Eagle Fire Ministries Inc's IRS 990 filings:
- Recurring operating deficits (e.g., $51,153 in 2023, $5,047 in 2020, $1,398 in 2019, $27,718 in 2018, $37,574 in 2016).
- Significant increase in liabilities from $0 (2014-2020) to $38,535 in 2023.
- Inconsistent revenue streams, making financial planning challenging.
- Substantial decrease in assets from $162,556 in 2022 to $86,288 in 2023.
Strengths
The following positive indicators were identified for Eagle Fire Ministries Inc:
- Consistent zero officer compensation, indicating efficient use of donor funds for leadership.
- Long filing history (13 filings) demonstrating sustained operation.
- Periods of strong revenue generation (e.g., $177,098 in 2014, $137,231 in 2017).
Frequently Asked Questions about Eagle Fire Ministries Inc
Is Eagle Fire Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eagle Fire Ministries Inc (EIN: 203066232) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Eagle Fire Ministries Inc spend its money?
Eagle Fire Ministries Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eagle Fire Ministries Inc tax-deductible?
Eagle Fire Ministries Inc is registered as a tax-exempt nonprofit (EIN: 203066232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Eagle Fire Ministries Inc. financially stable?
Eagle Fire Ministries Inc. shows signs of financial instability, with expenses exceeding revenue in several recent years (e.g., 2023, 2020, 2019, 2018, 2016) and a notable increase in liabilities from $0 in 2020 to $38,535 in 2023. This suggests potential challenges in maintaining operations without drawing down reserves or incurring debt.
How does Eagle Fire Ministries Inc. manage its expenses?
While specific expense breakdowns are not provided, the organization has consistently reported zero officer compensation, indicating a commitment to minimizing overhead in that area. However, the recurring operating deficits suggest that overall expenses frequently outpace revenue, requiring careful management or increased fundraising efforts.
What is the trend in Eagle Fire Ministries Inc.'s assets?
The organization's assets have fluctuated significantly, from a high of $162,556 in 2022 down to $86,288 in 2023. This volatility, coupled with increasing liabilities, suggests potential challenges in asset management and financial planning.
Filing History
IRS 990 filing history for Eagle Fire Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eagle Fire Ministries Inc's revenue has declined by 60.9%, moving from $203K to $79K. Total assets decreased by 8.2% over the same period, from $94K to $86K. Total functional expenses fell by 36.1%, from $204K to $131K. In its most recent filing year (2023), Eagle Fire Ministries Inc reported a deficit of $51K, with expenses exceeding revenue. The organization holds $39K in liabilities against $86K in assets (debt-to-asset ratio: 44.7%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $131K | $86K | $39K | — | — |
| 2022 | $83K | $76K | $163K | $64K | — | View 990 |
| 2021 | $100K | $68K | $152K | $60K | — | — |
| 2020 | $79K | $84K | $60K | $0 | — | — |
| 2019 | $79K | $80K | $65K | $0 | — | View 990 |
| 2018 | $45K | $72K | $66K | $0 | — | View 990 |
| 2017 | $137K | $136K | $94K | $0 | — | View 990 |
| 2016 | $62K | $100K | $112K | $0 | — | View 990 |
| 2015 | $50K | $59K | $150K | $0 | — | View 990 |
| 2014 | $177K | $175K | $159K | $0 | — | View 990 |
| 2013 | $181K | $140K | $159K | $3K | — | View 990 |
| 2012 | $176K | $155K | $115K | $104 | — | View 990 |
| 2011 | $203K | $204K | $94K | $961 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $131K, and assets of $86K (revenue -3.9% year-over-year).
- 2022: Revenue of $83K, expenses of $76K, and assets of $163K (revenue -17.4% year-over-year).
- 2021: Revenue of $100K, expenses of $68K, and assets of $152K (revenue +26.2% year-over-year).
- 2020: Revenue of $79K, expenses of $84K, and assets of $60K (revenue +0.5% year-over-year).
- 2019: Revenue of $79K, expenses of $80K, and assets of $65K (revenue +76.8% year-over-year).
- 2018: Revenue of $45K, expenses of $72K, and assets of $66K (revenue -67.5% year-over-year).
- 2017: Revenue of $137K, expenses of $136K, and assets of $94K (revenue +121.6% year-over-year).
- 2016: Revenue of $62K, expenses of $100K, and assets of $112K (revenue +23.4% year-over-year).
- 2015: Revenue of $50K, expenses of $59K, and assets of $150K (revenue -71.7% year-over-year).
- 2014: Revenue of $177K, expenses of $175K, and assets of $159K (revenue -2.4% year-over-year).
- 2013: Revenue of $181K, expenses of $140K, and assets of $159K (revenue +3.2% year-over-year).
- 2012: Revenue of $176K, expenses of $155K, and assets of $115K (revenue -13.5% year-over-year).
- 2011: Revenue of $203K, expenses of $204K, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eagle Fire Ministries Inc:
Data Sources and Methodology
This transparency report for Eagle Fire 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.