Eastern Ukraine Theologicalseminary Board Of Ministry Developm

Eastern Ukraine Theologicalseminary consistently operates with modest assets and zero reported officer compensation.

EIN: 205716023 · Crete, IL · NTEE: X12 · Updated: 2026-03-28

$543KRevenue

$45KAssets

85/100Mission Score (Excellent)

X12

About Eastern Ukraine Theologicalseminary Board Of Ministry Developm

Eastern Ukraine Theologicalseminary Board Of Ministry Developm (EIN: 205716023) is a nonprofit organization based in Crete, IL, classified under NTEE code X12. The organization reported total revenue of $543K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Ukraine Theologicalseminary Board Of Ministry Developm's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Eastern Ukraine Theologicalseminary Board Of Ministry Developm demonstrates consistent operational activity with revenues and expenses generally in the range of $300,000 to $400,000 over the past decade. The organization's assets are relatively modest, fluctuating between approximately $8,000 and $121,000, indicating a lean operational model with limited reserves. A notable aspect is the consistent reporting of zero officer compensation across all available filings, which suggests a volunteer-led or very low-cost leadership structure, contributing to potentially higher program spending efficiency. However, the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($415,278 expenses vs. $386,775 revenue) and 2021 ($373,115 expenses vs. $345,445 revenue), which could indicate reliance on prior year surpluses or other funding sources not immediately apparent in the top-line revenue figures. The absence of reported liabilities across all filings is a positive indicator of financial stability and responsible management of debt.

While the provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, the consistent zero officer compensation suggests a strong commitment to directing resources towards its mission. The organization's financial health appears stable, albeit with tight margins in some years. The lack of significant asset accumulation might be a strategic choice for an organization focused on immediate program delivery rather than long-term endowment building. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to regulatory compliance and transparency, providing a clear historical financial record for public scrutiny.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Eastern Ukraine Theologicalseminary Board Of Ministry Developm 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: 85%
fundraising: 5%

According to IRS 990 filings, Eastern Ukraine Theologicalseminary Board Of Ministry Developm allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led board or leadership, which is highly unusual for an organization with annual revenues exceeding $300,000.

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 Eastern Ukraine Theologicalseminary Board Of Ministry Developm's IRS 990 filings:

Expenses occasionally exceed revenue, indicating potential reliance on prior year surpluses or other funding sources not detailed.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes a precise efficiency analysis challenging.

Strengths

The following positive indicators were identified for Eastern Ukraine Theologicalseminary Board Of Ministry Developm:

Consistent reporting of 0% officer compensation, indicating high potential for program efficiency.
No reported liabilities across all 14 filings, demonstrating strong financial stability and responsible debt management.
Long history of IRS 990 filings (14 periods), indicating transparency and compliance.
Consistent revenue generation over $300,000 annually, showing sustained donor support.

Frequently Asked Questions about Eastern Ukraine Theologicalseminary Board Of Ministry Developm

Is Eastern Ukraine Theologicalseminary a good charity?

Based on the available data, the organization appears to be a good charity, particularly due to its consistent reporting of zero officer compensation, suggesting a high dedication of resources to its mission. Its consistent filing history also indicates transparency.

How does the organization manage its finances given fluctuating revenues and expenses?

The organization manages its finances with relatively tight margins, occasionally incurring expenses exceeding revenue (e.g., 2023, 2021). However, the absence of liabilities across all filings suggests prudent financial management and avoidance of debt.

What is the significance of zero officer compensation?

Zero officer compensation is a significant indicator that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which can lead to a higher percentage of funds directly supporting programs.

Why are the assets relatively low compared to annual revenue?

The relatively low and fluctuating asset base (e.g., $13,449 in 2023 vs. $121,064 in 2016) suggests that the organization operates with a focus on immediate program delivery rather than accumulating significant reserves or endowments. This could also indicate efficient use of funds without holding large amounts in reserve.

Filing History

IRS 990 filing history for Eastern Ukraine Theologicalseminary Board Of Ministry Developm showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Eastern Ukraine Theologicalseminary Board Of Ministry Developm's revenue has grown by 46.5%, moving from $264K to $387K. Total assets decreased by 37.4% over the same period, from $21K to $13K. Total functional expenses rose by 46.5%, from $283K to $415K. In its most recent filing year (2023), Eastern Ukraine Theologicalseminary Board Of Ministry Developm reported a deficit of $29K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$387K	$415K	$13K	$0	—	View 990
2022	$412K	$378K	$42K	$0	—	View 990
2021	$345K	$373K	$8K	$0	—	View 990
2020	$365K	$344K	$36K	$0	—	View 990
2019	$325K	$378K	$15K	$0	—	View 990
2018	$350K	$374K	$68K	$0	—	View 990
2017	$307K	$335K	$92K	$0	—	—
2016	$414K	$388K	$121K	$0	—	—
2015	$399K	$381K	$94K	$0	—	View 990
2014	$414K	$363K	$76K	$0	—	View 990
2013	$331K	$361K	$25K	$0	—	View 990
2012	$341K	$322K	$55K	$0	—	View 990
2011	$301K	$286K	$36K	$0	—	View 990
2010	$264K	$283K	$21K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $387K, expenses of $415K, and assets of $13K (revenue -6.1% year-over-year).
2022: Revenue of $412K, expenses of $378K, and assets of $42K (revenue +19.2% year-over-year).
2021: Revenue of $345K, expenses of $373K, and assets of $8K (revenue -5.3% year-over-year).
2020: Revenue of $365K, expenses of $344K, and assets of $36K (revenue +12.3% year-over-year).
2019: Revenue of $325K, expenses of $378K, and assets of $15K (revenue -7.1% year-over-year).
2018: Revenue of $350K, expenses of $374K, and assets of $68K (revenue +13.9% year-over-year).
2017: Revenue of $307K, expenses of $335K, and assets of $92K (revenue -26.0% year-over-year).
2016: Revenue of $414K, expenses of $388K, and assets of $121K (revenue +4.0% year-over-year).
2015: Revenue of $399K, expenses of $381K, and assets of $94K (revenue -3.7% year-over-year).
2014: Revenue of $414K, expenses of $363K, and assets of $76K (revenue +24.9% year-over-year).
2013: Revenue of $331K, expenses of $361K, and assets of $25K (revenue -2.9% year-over-year).
2012: Revenue of $341K, expenses of $322K, and assets of $55K (revenue +13.5% year-over-year).
2011: Revenue of $301K, expenses of $286K, and assets of $36K (revenue +13.9% year-over-year).
2010: Revenue of $264K, expenses of $283K, and assets of $21K.

Data Sources and Methodology

This transparency report for Eastern Ukraine Theologicalseminary Board Of Ministry Developm 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.