Gary Carpenter Ministries
EIN: 731491182 · Tulsa, OK · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $119K |
| Total Expenses | $111K |
| Net Assets | $25K |
Is Gary Carpenter Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gary Carpenter Ministries
Gary Carpenter Ministries (EIN: 731491182) is a nonprofit organization based in Tulsa, OK, classified under NTEE code X20. The organization reported total revenue of $119K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gary Carpenter Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gary Carpenter Ministries is a small nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $111K |
| Surplus / Deficit | +$2K |
| Total Assets | $27K |
| Total Liabilities | $2K |
| Net Assets | $25K |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 5.9% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2022, Gary Carpenter Ministries reported a surplus of $2K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 5.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Gary Carpenter Ministries's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -3.4% | +0.8% | +7.9% |
| 2021 | +14.7% | +23.9% | +36.9% |
| 2020 | -8.3% | -27.4% | +240.4% |
| 2019 | -0.4% | +8.8% | -68.5% |
| 2018 | +0.8% | +11.0% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gary Carpenter Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gary Carpenter Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.9%.
Frequently Asked Questions about Gary Carpenter Ministries
Is Gary Carpenter Ministries a legitimate charity?
Gary Carpenter Ministries (EIN: 731491182) is a registered tax-exempt nonprofit based in Oklahoma. It has 12 years of IRS 990 filings on record. Total revenue: $119K. No red flags identified. Financial health grade: A.
How does Gary Carpenter Ministries spend its money?
Gary Carpenter Ministries reported $119K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gary Carpenter Ministries tax-deductible?
Gary Carpenter Ministries is registered as a tax-exempt nonprofit (EIN: 731491182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gary Carpenter Ministries located?
Gary Carpenter Ministries is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 731491182. It is classified under NTEE code X20.
How many years of IRS 990 filings does Gary Carpenter Ministries have?
Gary Carpenter Ministries 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 $119K in total revenue.
Filing History
IRS 990 filing history for Gary Carpenter Ministries showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Gary Carpenter Ministries's revenue has declined by 4.6%, moving from $118K to $112K. Total assets increased by 245.8% over the same period, from $8K to $27K. Total functional expenses fell by 3%, from $114K to $111K. In its most recent filing year (2022), Gary Carpenter Ministries reported a surplus of $2K, with revenue exceeding expenses. The organization holds $2K in liabilities against $27K in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $112K | $111K | $27K | $2K | — | View 990 |
| 2021 | $116K | $110K | $25K | $1K | — | View 990 |
| 2020 | $101K | $89K | $18K | $1K | — | View 990 |
| 2019 | $111K | $122K | $5K | $1K | — | View 990 |
| 2018 | $111K | $112K | $17K | $1K | — | View 990 |
| 2017 | $110K | $101K | $18K | $1K | — | View 990 |
| 2016 | $103K | $146K | $9K | $1K | — | View 990 |
| 2015 | $112K | $151K | $52K | $2K | — | View 990 |
| 2014 | $189K | $124K | $90K | $1K | — | View 990 |
| 2013 | $133K | $150K | $25K | $1K | — | View 990 |
| 2012 | $186K | $151K | $43K | $2K | — | View 990 |
| 2011 | $118K | $114K | $8K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $112K, expenses of $111K, and assets of $27K (revenue -3.4% year-over-year).
- 2021: Revenue of $116K, expenses of $110K, and assets of $25K (revenue +14.7% year-over-year).
- 2020: Revenue of $101K, expenses of $89K, and assets of $18K (revenue -8.3% year-over-year).
- 2019: Revenue of $111K, expenses of $122K, and assets of $5K (revenue -0.4% year-over-year).
- 2018: Revenue of $111K, expenses of $112K, and assets of $17K (revenue +0.8% year-over-year).
- 2017: Revenue of $110K, expenses of $101K, and assets of $18K (revenue +6.7% year-over-year).
- 2016: Revenue of $103K, expenses of $146K, and assets of $9K (revenue -7.8% year-over-year).
- 2015: Revenue of $112K, expenses of $151K, and assets of $52K (revenue -40.9% year-over-year).
- 2014: Revenue of $189K, expenses of $124K, and assets of $90K (revenue +42.7% year-over-year).
- 2013: Revenue of $133K, expenses of $150K, and assets of $25K (revenue -28.8% year-over-year).
- 2012: Revenue of $186K, expenses of $151K, and assets of $43K (revenue +58.2% year-over-year).
- 2011: Revenue of $118K, expenses of $114K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gary Carpenter Ministries:
Data Sources and Methodology
This transparency report for Gary Carpenter 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.