Exago Ministries Inc
Exago Ministries Inc maintains stable finances with no reported officer compensation.
EIN: 203970225 · Rogers, AR · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $341K |
| Total Expenses | $243K |
| Program Spending | 80% |
| Net Assets | $59K |
| Transparency Score | 75/100 |
Is Exago Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Exago Ministries Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Exago Ministries Inc
Exago Ministries Inc (EIN: 203970225) is a nonprofit organization based in Rogers, AR, classified under NTEE code X21. The organization reported total revenue of $341K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Exago Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Exago Ministries Inc is a small 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 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $269K |
| Total Expenses | $243K |
| Surplus / Deficit | +$26K |
| Total Assets | $60K |
| Total Liabilities | $905 |
| Net Assets | $59K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2023, Exago Ministries Inc reported a surplus of $26K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Exago Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.7% | -5.1% | +71.9% |
| 2022 | +6.2% | -12.1% | +28.2% |
| 2021 | -4.4% | +32.6% | -67.0% |
| 2020 | +45.4% | +27.5% | +223.9% |
| 2019 | +22.5% | +20.8% | +38.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| 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 Exago Ministries Inc with a Mission Score of 75 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, Exago 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 surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization 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 Exago Ministries Inc's IRS 990 filings:
- Lack of detailed expense breakdown on 990s makes program efficiency difficult to fully assess.
Strengths
The following positive indicators were identified for Exago Ministries Inc:
- Consistent financial stability with revenues generally exceeding expenses.
- No reported officer compensation, indicating high efficiency in leadership costs.
- Long history of IRS 990 filings demonstrates transparency and compliance.
- Steady growth in revenue over the past decade.
Frequently Asked Questions about Exago Ministries Inc
Is Exago Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Exago Ministries Inc (EIN: 203970225) some concerns. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
How does Exago Ministries Inc spend its money?
Exago Ministries Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Exago Ministries Inc tax-deductible?
Exago Ministries Inc is registered as a tax-exempt nonprofit (EIN: 203970225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Exago Ministries Inc's spending goes to programs?
Exago Ministries Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Exago Ministries Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Exago 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 Exago Ministries Inc located?
Exago Ministries Inc is headquartered in Rogers, Arkansas and files with the IRS under EIN 203970225. It is classified under NTEE code X21.
How many years of IRS 990 filings does Exago Ministries Inc have?
Exago Ministries Inc has 13 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 $341K in total revenue.
Is Exago Ministries Inc a good charity?
Based on the available IRS 990 data, Exago Ministries Inc appears to be a financially stable organization with a history of revenues exceeding expenses in most years. The absence of officer compensation is a strong positive indicator of efficiency. However, without detailed program expense breakdowns, it's difficult to fully assess its programmatic impact.
How does Exago Ministries Inc manage its finances?
Exago Ministries Inc generally manages its finances prudently, with revenues consistently covering expenses. For instance, in 2023, it had a surplus of over $26,000. Its asset base is modest but has shown growth in some periods, suggesting careful stewardship of resources.
What is the trend in Exago Ministries Inc's revenue and expenses?
Exago Ministries Inc has shown a general upward trend in both revenue and expenses over the past decade, growing from $100,876 in revenue in 2014 to $269,249 in 2023. Expenses have largely tracked revenue, indicating consistent operational activity.
Filing History
IRS 990 filing history for Exago Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Exago Ministries Inc's revenue has grown by 274.8%, moving from $72K to $269K. Total assets increased by 264.9% over the same period, from $16K to $60K. Total functional expenses rose by 278.2%, from $64K to $243K. In its most recent filing year (2023), Exago Ministries Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $905 in liabilities against $60K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $269K | $243K | $60K | $905 | — | — |
| 2022 | $265K | $256K | $35K | $2K | — | View 990 |
| 2021 | $249K | $291K | $27K | $3K | — | View 990 |
| 2020 | $261K | $220K | $82K | $16K | — | View 990 |
| 2019 | $179K | $172K | $25K | $0 | — | View 990 |
| 2018 | $146K | $143K | $18K | $0 | — | View 990 |
| 2017 | $160K | $186K | $14K | $0 | — | View 990 |
| 2016 | $155K | $140K | $41K | $0 | — | View 990 |
| 2015 | $116K | $108K | $26K | $0 | — | View 990 |
| 2014 | $101K | $93K | $18K | $0 | — | View 990 |
| 2013 | $67K | $70K | $10K | $0 | — | View 990 |
| 2012 | $71K | $74K | $13K | $0 | — | View 990 |
| 2011 | $72K | $64K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $269K, expenses of $243K, and assets of $60K (revenue +1.7% year-over-year).
- 2022: Revenue of $265K, expenses of $256K, and assets of $35K (revenue +6.2% year-over-year).
- 2021: Revenue of $249K, expenses of $291K, and assets of $27K (revenue -4.4% year-over-year).
- 2020: Revenue of $261K, expenses of $220K, and assets of $82K (revenue +45.4% year-over-year).
- 2019: Revenue of $179K, expenses of $172K, and assets of $25K (revenue +22.5% year-over-year).
- 2018: Revenue of $146K, expenses of $143K, and assets of $18K (revenue -8.5% year-over-year).
- 2017: Revenue of $160K, expenses of $186K, and assets of $14K (revenue +3.5% year-over-year).
- 2016: Revenue of $155K, expenses of $140K, and assets of $41K (revenue +33.5% year-over-year).
- 2015: Revenue of $116K, expenses of $108K, and assets of $26K (revenue +14.9% year-over-year).
- 2014: Revenue of $101K, expenses of $93K, and assets of $18K (revenue +50.5% year-over-year).
- 2013: Revenue of $67K, expenses of $70K, and assets of $10K (revenue -5.9% year-over-year).
- 2012: Revenue of $71K, expenses of $74K, and assets of $13K (revenue -0.9% year-over-year).
- 2011: Revenue of $72K, expenses of $64K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Exago Ministries Inc:
Data Sources and Methodology
This transparency report for Exago 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.