Fishers Of Men Ministries Inc

Fishers Of Men Ministries Inc consistently operates with no reported officer compensation and growing assets.

EIN: 200534476 · Davenport, IA · NTEE: X20 · Updated: 2026-03-28

$513KRevenue
$648KAssets
95/100Mission Score (Excellent)
X20
Fishers Of Men Ministries Inc Financial Summary
MetricValue
Total Revenue$513K
Total Expenses$434K
Program Spending90%
CEO/Top Officer Pay$500,000
Net Assets$633K
Transparency Score95/100

Is Fishers Of Men Ministries Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Fishers Of Men Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Fishers Of Men Ministries Inc

Fishers Of Men Ministries Inc (EIN: 200534476) is a nonprofit organization based in Davenport, IA, classified under NTEE code X20. The organization reported total revenue of $513K and total assets of $648K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fishers Of Men Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Fishers Of Men Ministries Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$544K
Total Expenses$434K
Surplus / Deficit+$110K
Total Assets$634K
Total Liabilities$2K
Net Assets$633K
Operating Margin20.3%
Debt-to-Asset Ratio0.3%
Months of Reserves17.5 months

Financial Health Grade: A

In 2023, Fishers Of Men Ministries Inc reported a surplus of $110K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).

Financial Trends

Over 12 years of filings (2011–2023), Fishers Of Men Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+12.4%-3.7%+21.3%
2022+43.4%+28.6%+6.9%
2021+0.6%+12.8%-2.5%
2020-14.3%-23.5%+5.2%
2019+5.0%-2.4%-2.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Fishers Of Men Ministries Inc demonstrates consistent financial health with a positive net income in most recent years, indicating effective management of resources. For example, in 2023, revenue was $544,134 against expenses of $433,822, resulting in a surplus. The organization's assets have also shown growth, increasing from $276,767 in 2014 to $634,269 in 2023, suggesting financial stability and capacity building. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. Spending efficiency appears strong, particularly given the zero officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall expense ratios relative to revenue suggest a lean operation. For instance, in 2023, expenses were approximately 79.7% of revenue ($433,822 / $544,134), leaving a substantial portion for reinvestment or reserves. The organization's liabilities have consistently remained very low, often under $1,000, which is a positive sign of fiscal responsibility and minimal debt burden. Transparency is excellent regarding executive compensation, as no officer compensation has been reported in any of the available filings. This practice aligns well with donor expectations for efficient use of contributions. The consistent filing of IRS Form 990s over many years also demonstrates a commitment to public accountability and compliance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fishers Of Men Ministries Inc with a Mission Score of 95 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

According to IRS 990 filings, Fishers Of Men Ministries Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:

$544KTotal Revenue
$434KTotal Expenses
$634KTotal Assets
$2KTotal Liabilities
$633KNet Assets

Executive Compensation Analysis

Fishers Of Men Ministries Inc reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size with over $500,000 in annual revenue.

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.

Strengths

The following positive indicators were identified for Fishers Of Men Ministries Inc:

Frequently Asked Questions about Fishers Of Men Ministries Inc

Is Fishers Of Men Ministries Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Fishers Of Men Ministries Inc (EIN: 200534476) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does Fishers Of Men Ministries Inc spend its money?

Fishers Of Men Ministries Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Fishers Of Men Ministries Inc tax-deductible?

Fishers Of Men Ministries Inc is registered as a tax-exempt nonprofit (EIN: 200534476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Fishers Of Men Ministries Inc CEO make?

Fishers Of Men Ministries Inc's highest-compensated officer earns $500,000 annually. The organization reported $513K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Fishers Of Men Ministries Inc's spending goes to programs?

Fishers Of Men Ministries Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Fishers Of Men Ministries Inc compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Fishers Of Men Ministries Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Fishers Of Men Ministries Inc located?

Fishers Of Men Ministries Inc is headquartered in Davenport, Iowa and files with the IRS under EIN 200534476. It is classified under NTEE code X20.

How many years of IRS 990 filings does Fishers Of Men Ministries Inc have?

Fishers Of Men Ministries Inc has 12 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 $513K in total revenue.

Is Fishers Of Men Ministries Inc a good charity?

Based on the provided financial data, Fishers Of Men Ministries Inc appears to be a very good charity. It consistently operates with a surplus, has growing assets, and most notably, reports 0% officer compensation, suggesting a strong dedication of resources to its mission.

How has the organization's financial health changed over time?

The organization's financial health has generally improved over time. Revenue has grown from $276,872 in 2014 to $544,134 in 2023, and assets have more than doubled from $276,767 to $634,269 in the same period, indicating sustained growth and stability.

What is the organization's approach to executive compensation?

Fishers Of Men Ministries Inc has a highly unusual and commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This means that no salaries are paid to officers, which maximizes the funds available for programmatic activities.

Are there any concerns about the organization's liabilities?

No, there are no significant concerns about the organization's liabilities. Liabilities have consistently been very low, often under $1,000, and were even $0 in 2017 and 2018, indicating excellent financial management and minimal debt.

Filing History

IRS 990 filing history for Fishers Of Men Ministries Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Fishers Of Men Ministries Inc's revenue has grown by 78%, moving from $306K to $544K. Total assets increased by 170.7% over the same period, from $234K to $634K. Total functional expenses rose by 119.8%, from $197K to $434K. In its most recent filing year (2023), Fishers Of Men Ministries Inc reported a surplus of $110K, with revenue exceeding expenses. The organization holds $2K in liabilities against $634K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $633K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $544K $434K $634K $2K
2022 $484K $450K $523K $795 View 990
2021 $338K $350K $489K $791 View 990
2020 $336K $311K $502K $734
2019 $392K $406K $477K $885 View 990
2018 $373K $416K $490K $0 View 990
2017 $432K $333K $533K $0 View 990
2016 $496K $373K $434K $0 View 990
2014 $277K $258K $277K $989 View 990
2013 $302K $229K $295K $514 View 990
2012 $335K $272K $260K $470 View 990
2011 $306K $197K $234K $310 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Fishers Of Men Ministries Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Fishers Of Men 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.

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