Gaither Evangelistic Ministry
Gaither Evangelistic Ministry faces declining revenue and consistent operational deficits.
EIN: 113816872 · Bismarck, AR · NTEE: X21 · Updated: 2026-03-28
Is Gaither Evangelistic Ministry Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gaither Evangelistic Ministry directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gaither Evangelistic Ministry
Gaither Evangelistic Ministry (EIN: 113816872) is a nonprofit organization based in Bismarck, AR, classified under NTEE code X21. The organization reported total revenue of $36K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gaither Evangelistic Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gaither Evangelistic Ministry is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -19.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $19K |
| Surplus / Deficit | $-277 |
| Total Assets | $105K |
| Total Liabilities | $38K |
| Net Assets | $67K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 36.0% |
| Months of Reserves | 65.9 months |
Financial Health Grade: B
In 2023, Gaither Evangelistic Ministry reported a deficit of $277 with expenses exceeding revenue, holds 65.9 months of operating reserves (strong position), has a debt-to-asset ratio of 36.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gaither Evangelistic Ministry's revenue has declined at a compound annual growth rate (CAGR) of -19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.1% | -15.8% | +0.0% |
| 2022 | -12.0% | -17.7% | +0.0% |
| 2021 | -22.2% | -19.9% | -1.4% |
| 2020 | -37.5% | -53.6% | +4245.5% |
| 2019 | -43.6% | -33.4% | -97.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 2007 |
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 Gaither Evangelistic Ministry with a Mission Score of 60 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Gaither Evangelistic Ministry 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 $277, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is positive for minimizing administrative overhead.
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 Gaither Evangelistic Ministry's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in recent years, such as $19,167 expenses vs. $18,890 revenue in 2023.
- Significant and sustained decline in revenue from $229,384 in 2014 to $18,890 in 2023.
- Liabilities of $37,922 in 2023 represent a substantial portion of total assets ($105,212), indicating potential financial strain.
- Net assets have shown a slight decline in recent years due to consistent deficits.
Strengths
The following positive indicators were identified for Gaither Evangelistic Ministry:
- Consistent reporting of 0% officer compensation, suggesting a volunteer-driven leadership or very low administrative overhead.
- Assets have remained relatively stable around $105,000 in recent years despite revenue decline, indicating some financial resilience.
- Long filing history (13 filings) demonstrates a commitment to IRS compliance and transparency.
Frequently Asked Questions about Gaither Evangelistic Ministry
Is Gaither Evangelistic Ministry a legitimate charity?
Based on AI analysis of IRS 990 filings, Gaither Evangelistic Ministry (EIN: 113816872) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Gaither Evangelistic Ministry spend its money?
Gaither Evangelistic Ministry directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gaither Evangelistic Ministry tax-deductible?
Gaither Evangelistic Ministry is registered as a tax-exempt nonprofit (EIN: 113816872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific nature of Gaither Evangelistic Ministry's programs given its NTEE code X21 (Religious Activities)?
The NTEE code X21 indicates the organization is involved in religious activities. Without further detail in the 990, the specific programs are not clear, but the consistent expenses suggest ongoing operations related to its religious mission.
How does Gaither Evangelistic Ministry plan to address its consistent operational deficits?
The filings show a trend of expenses exceeding revenue in recent years (e.g., $19,167 expenses vs. $18,890 revenue in 2023). The organization would need to either increase its fundraising efforts or reduce its operational costs to achieve financial stability.
What is the nature of the liabilities, which have consistently been around $37,000-$38,000 in recent years?
The IRS 990 filings indicate liabilities of $37,922 in 2023 and similar amounts in prior years. Understanding the composition of these liabilities (e.g., mortgages, program-related debt, accounts payable) is crucial for assessing financial risk.
Why has the organization experienced such a significant decline in revenue from $229,384 in 2014 to $18,890 in 2023?
The dramatic decrease in revenue over the past decade suggests a significant change in funding sources, donor base, or operational scale. This trend is a major concern for the organization's long-term viability.
Filing History
IRS 990 filing history for Gaither Evangelistic Ministry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gaither Evangelistic Ministry's revenue has declined by 92.3%, moving from $244K to $19K. Total assets decreased by 17.6% over the same period, from $128K to $105K. Total functional expenses fell by 90.9%, from $212K to $19K. In its most recent filing year (2023), Gaither Evangelistic Ministry reported a deficit of $277, with expenses exceeding revenue. The organization holds $38K in liabilities against $105K in assets (debt-to-asset ratio: 36.0%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $19K | $105K | $38K | — | — |
| 2022 | $23K | $23K | $105K | $38K | — | View 990 |
| 2021 | $26K | $28K | $105K | $38K | — | View 990 |
| 2020 | $34K | $35K | $107K | $38K | — | — |
| 2019 | $54K | $75K | $2K | $38K | — | View 990 |
| 2018 | $96K | $112K | $112K | $36K | — | View 990 |
| 2017 | $131K | $150K | $108K | $7K | — | View 990 |
| 2016 | $235K | $229K | $127K | $0 | — | View 990 |
| 2015 | $216K | $217K | $121K | $0 | — | View 990 |
| 2014 | $229K | $231K | $121K | $0 | — | View 990 |
| 2013 | $203K | $191K | $131K | $0 | — | View 990 |
| 2012 | $215K | $209K | $118K | $0 | — | View 990 |
| 2011 | $244K | $212K | $128K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $19K, and assets of $105K (revenue -18.1% year-over-year).
- 2022: Revenue of $23K, expenses of $23K, and assets of $105K (revenue -12.0% year-over-year).
- 2021: Revenue of $26K, expenses of $28K, and assets of $105K (revenue -22.2% year-over-year).
- 2020: Revenue of $34K, expenses of $35K, and assets of $107K (revenue -37.5% year-over-year).
- 2019: Revenue of $54K, expenses of $75K, and assets of $2K (revenue -43.6% year-over-year).
- 2018: Revenue of $96K, expenses of $112K, and assets of $112K (revenue -27.1% year-over-year).
- 2017: Revenue of $131K, expenses of $150K, and assets of $108K (revenue -44.0% year-over-year).
- 2016: Revenue of $235K, expenses of $229K, and assets of $127K (revenue +8.5% year-over-year).
- 2015: Revenue of $216K, expenses of $217K, and assets of $121K (revenue -5.7% year-over-year).
- 2014: Revenue of $229K, expenses of $231K, and assets of $121K (revenue +12.9% year-over-year).
- 2013: Revenue of $203K, expenses of $191K, and assets of $131K (revenue -5.5% year-over-year).
- 2012: Revenue of $215K, expenses of $209K, and assets of $118K (revenue -12.0% year-over-year).
- 2011: Revenue of $244K, expenses of $212K, and assets of $128K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gaither Evangelistic Ministry:
Data Sources and Methodology
This transparency report for Gaither Evangelistic Ministry 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.