Effective Ministries Inc
Effective Ministries Inc. consistently reports zero officer compensation but frequently operates with expenses exceeding revenue.
EIN: 200040501 · Manakin Sabot, VA · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $470K |
| Transparency Score | 85/100 |
Is Effective Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Effective Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Effective Ministries Inc
Effective Ministries Inc (EIN: 200040501) is a nonprofit organization based in Manakin Sabot, VA, classified under NTEE code X21. The organization reported total revenue of $1.9M and total assets of $537K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Effective Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Effective Ministries Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-143,246 |
| Total Assets | $470K |
| Net Assets | $470K |
| Operating Margin | -9.5% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, Effective Ministries Inc reported a deficit of $143K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2010–2023), Effective Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.0% | +14.9% | -23.4% |
| 2022 | -4.0% | +10.3% | -15.6% |
| 2021 | +42.8% | +26.2% | +11.5% |
| 2020 | -24.8% | -10.7% | -9.3% |
| 2019 | -4.1% | -14.4% | +21.6% |
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 Effective 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: 85%
- fundraising: 5%
According to IRS 990 filings, Effective Ministries Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $143K, with expenses exceeding revenue.
Executive Compensation Analysis
Effective Ministries Inc. consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer categories, which is highly favorable for a nonprofit of its size with revenues typically exceeding $1 million.
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 Effective Ministries Inc's IRS 990 filings:
- Consistent trend of expenses exceeding revenue in recent years (e.g., 2023, 2022), potentially depleting reserves.
- Significant decline in assets from $924,264 in 2014 to $470,091 in 2023.
Strengths
The following positive indicators were identified for Effective Ministries Inc:
- Consistently reports 0% officer compensation, indicating efficient use of funds and strong commitment.
- Maintains zero liabilities in most recent filings, demonstrating strong financial solvency.
- Consistent revenue generation above $1 million annually for many years.
Frequently Asked Questions about Effective Ministries Inc
Is Effective Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Effective Ministries Inc (EIN: 200040501) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Effective Ministries Inc spend its money?
Effective Ministries Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Effective Ministries Inc tax-deductible?
Effective Ministries Inc is registered as a tax-exempt nonprofit (EIN: 200040501). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Effective Ministries Inc CEO make?
Effective Ministries Inc's highest-compensated officer earns $1 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Effective Ministries Inc's spending goes to programs?
Effective Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Effective Ministries Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Effective Ministries Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Effective Ministries Inc located?
Effective Ministries Inc is headquartered in Manakin Sabot, Virginia and files with the IRS under EIN 200040501. It is classified under NTEE code X21.
How many years of IRS 990 filings does Effective Ministries Inc have?
Effective 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 $1.9M in total revenue.
Is Effective Ministries Inc. financially sustainable given its recent trend of expenses exceeding revenue?
While the organization has a history of strong assets and zero liabilities, the trend of expenses exceeding revenue in 2023 ($1,649,698 vs. $1,506,452) and 2022 ($1,435,370 vs. $1,321,945) suggests a need for careful financial planning to ensure long-term sustainability and prevent asset depletion.
How does Effective Ministries Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be volunteer-based or compensated through other means not classified as officer compensation, which is a strong indicator of dedication to its mission and efficient use of funds.
What caused the significant decrease in assets from $924,264 in 2014 to $470,091 in 2023?
The decline in assets over this period, particularly with recent years showing expenses exceeding revenue, suggests that the organization has been drawing down its reserves to cover operational costs. A detailed review of spending categories would be needed to understand the specific drivers.
Filing History
IRS 990 filing history for Effective Ministries Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Effective Ministries Inc's revenue has grown by 123.2%, moving from $675K to $1.5M. Total assets increased by 962.6% over the same period, from $44K to $470K. Total functional expenses rose by 149.3%, from $662K to $1.6M. In its most recent filing year (2023), Effective Ministries Inc reported a deficit of $143K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $470K | $0 | — | — |
| 2022 | $1.3M | $1.4M | $613K | $0 | — | View 990 |
| 2021 | $1.4M | $1.3M | $727K | $0 | — | View 990 |
| 2020 | $964K | $1.0M | $652K | $0 | — | View 990 |
| 2019 | $1.3M | $1.2M | $719K | $0 | — | View 990 |
| 2018 | $1.3M | $1.3M | $591K | $0 | — | View 990 |
| 2017 | $1.2M | $1.4M | $604K | $0 | — | View 990 |
| 2016 | $1.4M | $1.4M | $767K | $0 | — | View 990 |
| 2015 | $1.5M | $1.5M | $754K | $0 | — | View 990 |
| 2014 | $1.3M | $1.1M | $924K | $156K | — | View 990 |
| 2013 | $1.7M | $1.5M | $740K | $163K | — | View 990 |
| 2012 | $1.4M | $1.1M | $481K | $157K | — | View 990 |
| 2011 | $740K | $730K | $87K | $60K | — | View 990 |
| 2010 | $675K | $662K | $44K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $470K (revenue +14.0% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $613K (revenue -4.0% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $727K (revenue +42.8% year-over-year).
- 2020: Revenue of $964K, expenses of $1.0M, and assets of $652K (revenue -24.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $719K (revenue -4.1% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $591K (revenue +8.8% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.4M, and assets of $604K (revenue -14.7% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $767K (revenue -5.0% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $754K (revenue +16.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $924K (revenue -24.9% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.5M, and assets of $740K (revenue +24.3% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.1M, and assets of $481K (revenue +87.9% year-over-year).
- 2011: Revenue of $740K, expenses of $730K, and assets of $87K (revenue +9.6% year-over-year).
- 2010: Revenue of $675K, expenses of $662K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Effective Ministries Inc:
Data Sources and Methodology
This transparency report for Effective 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.