Family Life Ministries Inc
Family Life Ministries Inc shows strong asset growth and high program spending with no reported officer compensation.
EIN: 160863914 · Bath, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $7.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $19.1M |
| Transparency Score | 90/100 |
Is Family Life Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Life Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Life Ministries Inc
Family Life Ministries Inc (EIN: 160863914) is a nonprofit organization based in Bath, NY. The organization reported total revenue of $8.6M and total assets of $20.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Life Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Life Ministries Inc is a mid-size nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $7.2M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $19.8M |
| Total Liabilities | $755K |
| Net Assets | $19.1M |
| Operating Margin | 19.6% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 33.1 months |
Financial Health Grade: A
In 2023, Family Life Ministries Inc reported a surplus of $1.7M with revenue exceeding expenses, holds 33.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Life Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | +6.7% | +10.9% |
| 2022 | -2.8% | +10.4% | +12.3% |
| 2021 | +24.1% | +2.3% | +17.2% |
| 2020 | +20.0% | -1.1% | +14.7% |
| 2019 | -3.6% | +8.9% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
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 Family Life Ministries Inc with a Mission Score of 90 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, Family Life 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 surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $8 million and assets over $19 million. While this could indicate a volunteer leadership structure or compensation through non-officer roles, it requires deeper scrutiny for a complete understanding of executive remuneration practices.
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 Family Life Ministries Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation for an organization of this size, which warrants further investigation into executive remuneration practices.
Strengths
The following positive indicators were identified for Family Life Ministries Inc:
- Strong program spending ratio (85% in 202306), indicating efficient use of funds for its mission.
- Consistent and significant growth in assets, from $7.77 million in 2014 to $19.81 million in 2023.
- Healthy revenue growth over the past decade, demonstrating strong donor support and financial sustainability.
- Manageable liabilities relative to assets, indicating good financial stewardship.
- Positive net income in most recent years, allowing for asset accumulation and future growth.
Frequently Asked Questions about Family Life Ministries Inc
Is Family Life Ministries Inc a legitimate charity?
Family Life Ministries Inc (EIN: 160863914) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.6M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Family Life Ministries Inc spend its money?
Family Life Ministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Family Life Ministries Inc tax-deductible?
Family Life Ministries Inc is registered as a tax-exempt nonprofit (EIN: 160863914). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Family Life Ministries Inc CEO make?
Family Life Ministries Inc's highest-compensated officer earns $8 annually. The organization reported $8.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Family Life Ministries Inc's spending goes to programs?
Family Life Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Family Life Ministries Inc located?
Family Life Ministries Inc is headquartered in Bath, New York and files with the IRS under EIN 160863914.
How many years of IRS 990 filings does Family Life Ministries Inc have?
Family Life 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 $8.6M in total revenue.
Is Family Life Ministries Inc a good charity?
Based on the available IRS 990 data, Family Life Ministries Inc appears to be a good charity. They demonstrate strong financial health with growing assets, a high percentage of spending dedicated to programs (85% in 2023), and consistent revenue generation.
How has Family Life Ministries Inc's financial health changed over time?
Family Life Ministries Inc has shown significant financial growth. Their assets have more than doubled from $7.77 million in 2014 to $19.81 million in 2023, and revenues have increased from $5.2 million to $8.9 million over the same period, indicating robust financial health and expansion.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings. This suggests either a volunteer-led executive team or that executive compensation is categorized differently, which is an uncommon practice for an organization of this scale.
What percentage of expenses goes to programs versus overhead?
In the latest filing (202306), Family Life Ministries Inc allocated approximately 85% of its expenses to program services, with the remaining 15% going to administrative and fundraising costs. This indicates a strong focus on its mission.
Filing History
IRS 990 filing history for Family Life Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Life Ministries Inc's revenue has grown by 97.7%, moving from $4.5M to $8.9M. Total assets increased by 179.5% over the same period, from $7.1M to $19.8M. Total functional expenses rose by 61.4%, from $4.4M to $7.2M. In its most recent filing year (2023), Family Life Ministries Inc reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $755K in liabilities against $19.8M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $19.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.9M | $7.2M | $19.8M | $755K | — | View 990 |
| 2022 | $9.1M | $6.7M | $17.9M | $638K | — | View 990 |
| 2021 | $9.4M | $6.1M | $15.9M | $993K | — | View 990 |
| 2020 | $7.5M | $6.0M | $13.6M | $1.9M | — | View 990 |
| 2019 | $6.3M | $6.0M | $11.8M | $1.8M | — | View 990 |
| 2018 | $6.5M | $5.5M | $11.7M | $1.9M | — | View 990 |
| 2017 | $7.6M | $5.3M | $11.1M | $2.3M | — | View 990 |
| 2016 | $5.6M | $4.6M | $9.7M | $3.1M | — | View 990 |
| 2015 | $5.5M | $4.7M | $8.2M | $2.5M | — | View 990 |
| 2014 | $5.2M | $4.6M | $7.8M | $2.9M | — | View 990 |
| 2013 | $4.7M | $4.6M | $7.5M | $3.3M | — | View 990 |
| 2012 | $4.8M | $4.5M | $7.5M | $3.3M | — | View 990 |
| 2011 | $4.5M | $4.4M | $7.1M | $3.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.9M, expenses of $7.2M, and assets of $19.8M (revenue -1.9% year-over-year).
- 2022: Revenue of $9.1M, expenses of $6.7M, and assets of $17.9M (revenue -2.8% year-over-year).
- 2021: Revenue of $9.4M, expenses of $6.1M, and assets of $15.9M (revenue +24.1% year-over-year).
- 2020: Revenue of $7.5M, expenses of $6.0M, and assets of $13.6M (revenue +20.0% year-over-year).
- 2019: Revenue of $6.3M, expenses of $6.0M, and assets of $11.8M (revenue -3.6% year-over-year).
- 2018: Revenue of $6.5M, expenses of $5.5M, and assets of $11.7M (revenue -13.7% year-over-year).
- 2017: Revenue of $7.6M, expenses of $5.3M, and assets of $11.1M (revenue +35.8% year-over-year).
- 2016: Revenue of $5.6M, expenses of $4.6M, and assets of $9.7M (revenue +1.9% year-over-year).
- 2015: Revenue of $5.5M, expenses of $4.7M, and assets of $8.2M (revenue +4.8% year-over-year).
- 2014: Revenue of $5.2M, expenses of $4.6M, and assets of $7.8M (revenue +11.6% year-over-year).
- 2013: Revenue of $4.7M, expenses of $4.6M, and assets of $7.5M (revenue -2.1% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.5M, and assets of $7.5M (revenue +5.6% year-over-year).
- 2011: Revenue of $4.5M, expenses of $4.4M, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Life Ministries Inc:
Data Sources and Methodology
This transparency report for Family Life 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.