Galkin Evangelistic Ministries
Galkin Evangelistic Ministries consistently operates with no reported officer compensation and maintains stable financial health.
EIN: 200362338 · Littleton, CO · NTEE: X21 · Updated: 2026-03-28
Is Galkin Evangelistic Ministries Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Galkin Evangelistic Ministries directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Galkin Evangelistic Ministries
Galkin Evangelistic Ministries (EIN: 200362338) is a nonprofit organization based in Littleton, CO, classified under NTEE code X21. The organization reported total revenue of $245K and total assets of $322K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Galkin Evangelistic Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Galkin Evangelistic Ministries is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $211K |
| Surplus / Deficit | +$2K |
| Total Assets | $294K |
| Total Liabilities | $10K |
| Net Assets | $284K |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 16.7 months |
Financial Health Grade: A
In 2023, Galkin Evangelistic Ministries reported a surplus of $2K with revenue exceeding expenses, holds 16.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Galkin Evangelistic Ministries's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | +8.0% | +3.7% |
| 2022 | +48.7% | +9.3% | +10.7% |
| 2021 | -17.3% | +1.5% | -9.9% |
| 2020 | -40.7% | -26.3% | +1.6% |
| 2019 | +3.7% | -16.8% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
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 Galkin Evangelistic Ministries with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Galkin Evangelistic Ministries 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:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This suggests a highly volunteer-driven leadership or that compensation is covered by other means, which is a significant positive for donor confidence.
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 Galkin Evangelistic Ministries:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency and dedication of funds to mission.
- Stable financial health with consistent revenue streams and growing assets over the past decade.
- Low and decreasing liabilities, demonstrating strong debt management.
- High spending efficiency, with expenses closely matching revenue, suggesting minimal waste.
- Consistent filing of IRS Form 990s over 13 periods, indicating strong transparency.
Frequently Asked Questions about Galkin Evangelistic Ministries
Is Galkin Evangelistic Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Galkin Evangelistic Ministries (EIN: 200362338) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Galkin Evangelistic Ministries spend its money?
Galkin Evangelistic Ministries directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Galkin Evangelistic Ministries tax-deductible?
Galkin Evangelistic Ministries is registered as a tax-exempt nonprofit (EIN: 200362338). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Galkin Evangelistic Ministries a good charity?
Based on the available financial data, Galkin Evangelistic Ministries appears to be a good charity. It consistently reports 0% officer compensation, maintains low liabilities, and has a stable asset base, indicating efficient use of funds and strong financial management.
How does Galkin Evangelistic Ministries manage its expenses relative to its revenue?
The organization generally manages its expenses very close to its revenue, often with a slight surplus. For example, in 2023, revenue was $213,928 and expenses were $211,452, demonstrating that most incoming funds are directly utilized for its operations.
What is the trend in Galkin Evangelistic Ministries' assets and liabilities?
Galkin Evangelistic Ministries has shown a positive trend in assets, growing from $195,938 in 2014 to $293,942 in 2023. Liabilities have generally decreased over the same period, from $26,837 in 2014 to $9,852 in 2023, indicating strong financial health and reduced debt burden.
Filing History
IRS 990 filing history for Galkin Evangelistic Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Galkin Evangelistic Ministries's revenue has declined by 18.4%, moving from $262K to $214K. Total assets increased by 13.1% over the same period, from $260K to $294K. Total functional expenses fell by 1.1%, from $214K to $211K. In its most recent filing year (2023), Galkin Evangelistic Ministries reported a surplus of $2K, with revenue exceeding expenses. The organization holds $10K in liabilities against $294K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $284K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $211K | $294K | $10K | — | — |
| 2022 | $224K | $196K | $283K | $2K | — | View 990 |
| 2021 | $151K | $179K | $256K | $2K | — | View 990 |
| 2020 | $182K | $176K | $284K | $2K | — | View 990 |
| 2019 | $307K | $240K | $280K | $3K | — | View 990 |
| 2018 | $296K | $288K | $227K | $17K | — | View 990 |
| 2017 | $253K | $256K | $221K | $19K | — | View 990 |
| 2016 | $240K | $236K | $227K | $22K | — | View 990 |
| 2015 | $274K | $242K | $220K | $19K | — | View 990 |
| 2014 | $246K | $261K | $196K | $27K | — | View 990 |
| 2013 | $278K | $275K | $211K | $27K | — | View 990 |
| 2012 | $249K | $300K | $208K | $27K | — | View 990 |
| 2011 | $262K | $214K | $260K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $211K, and assets of $294K (revenue -4.4% year-over-year).
- 2022: Revenue of $224K, expenses of $196K, and assets of $283K (revenue +48.7% year-over-year).
- 2021: Revenue of $151K, expenses of $179K, and assets of $256K (revenue -17.3% year-over-year).
- 2020: Revenue of $182K, expenses of $176K, and assets of $284K (revenue -40.7% year-over-year).
- 2019: Revenue of $307K, expenses of $240K, and assets of $280K (revenue +3.7% year-over-year).
- 2018: Revenue of $296K, expenses of $288K, and assets of $227K (revenue +17.1% year-over-year).
- 2017: Revenue of $253K, expenses of $256K, and assets of $221K (revenue +5.3% year-over-year).
- 2016: Revenue of $240K, expenses of $236K, and assets of $227K (revenue -12.4% year-over-year).
- 2015: Revenue of $274K, expenses of $242K, and assets of $220K (revenue +11.4% year-over-year).
- 2014: Revenue of $246K, expenses of $261K, and assets of $196K (revenue -11.7% year-over-year).
- 2013: Revenue of $278K, expenses of $275K, and assets of $211K (revenue +12.0% year-over-year).
- 2012: Revenue of $249K, expenses of $300K, and assets of $208K (revenue -5.1% year-over-year).
- 2011: Revenue of $262K, expenses of $214K, and assets of $260K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Galkin Evangelistic Ministries:
Data Sources and Methodology
This transparency report for Galkin Evangelistic Ministries 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.