Gate Breaker Ministries Corp
EIN: 261365463 · Meridian, ID · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $232K |
| Total Expenses | $250K |
| Net Assets | $183K |
Is Gate Breaker Ministries Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gate Breaker Ministries Corp
Gate Breaker Ministries Corp (EIN: 261365463) is a nonprofit organization based in Meridian, ID, classified under NTEE code X20. The organization reported total revenue of $232K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gate Breaker Ministries Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gate Breaker Ministries Corp is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $250K |
| Surplus / Deficit | $-10,201 |
| Total Assets | $183K |
| Net Assets | $183K |
| Operating Margin | -4.3% |
| Months of Reserves | 8.8 months |
Financial Health Grade: B
In 2023, Gate Breaker Ministries Corp reported a deficit of $10K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Gate Breaker Ministries Corp's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.8% | +41.0% | -5.3% |
| 2022 | +29.6% | +13.1% | +15.7% |
| 2021 | -15.2% | -14.1% | +0.2% |
| 2020 | -32.5% | -22.4% | +1.7% |
| 2019 | +0.8% | +7.4% | +31.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gate Breaker Ministries Corp 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 Gate Breaker Ministries Corp 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Gate Breaker Ministries Corp
Is Gate Breaker Ministries Corp a legitimate charity?
Gate Breaker Ministries Corp (EIN: 261365463) is a registered tax-exempt nonprofit based in Idaho. It has 13 years of IRS 990 filings on record. Total revenue: $232K. No red flags identified. Financial health grade: B.
How does Gate Breaker Ministries Corp spend its money?
Gate Breaker Ministries Corp reported $232K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gate Breaker Ministries Corp tax-deductible?
Gate Breaker Ministries Corp is registered as a tax-exempt nonprofit (EIN: 261365463). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gate Breaker Ministries Corp located?
Gate Breaker Ministries Corp is headquartered in Meridian, Idaho and files with the IRS under EIN 261365463. It is classified under NTEE code X20.
How many years of IRS 990 filings does Gate Breaker Ministries Corp have?
Gate Breaker Ministries Corp 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 $232K in total revenue.
Filing History
IRS 990 filing history for Gate Breaker Ministries Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gate Breaker Ministries Corp's revenue has grown by 195.5%, moving from $81K to $240K. Total assets increased by 2210% over the same period, from $8K to $183K. Total functional expenses rose by 191.3%, from $86K to $250K. In its most recent filing year (2023), Gate Breaker Ministries Corp reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $250K | $183K | $0 | — | — |
| 2022 | $204K | $177K | $193K | $0 | — | View 990 |
| 2021 | $157K | $157K | $167K | $0 | — | View 990 |
| 2020 | $185K | $183K | $166K | $0 | — | — |
| 2019 | $275K | $235K | $164K | $0 | — | View 990 |
| 2018 | $272K | $219K | $124K | $0 | — | View 990 |
| 2017 | $241K | $243K | $71K | $0 | — | View 990 |
| 2016 | $245K | $194K | $72K | $0 | — | View 990 |
| 2015 | $142K | $150K | $21K | $0 | — | View 990 |
| 2014 | $138K | $148K | $30K | $0 | — | View 990 |
| 2013 | $160K | $139K | $40K | $0 | — | View 990 |
| 2012 | $94K | $83K | $19K | $0 | — | View 990 |
| 2011 | $81K | $86K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $240K, expenses of $250K, and assets of $183K (revenue +17.8% year-over-year).
- 2022: Revenue of $204K, expenses of $177K, and assets of $193K (revenue +29.6% year-over-year).
- 2021: Revenue of $157K, expenses of $157K, and assets of $167K (revenue -15.2% year-over-year).
- 2020: Revenue of $185K, expenses of $183K, and assets of $166K (revenue -32.5% year-over-year).
- 2019: Revenue of $275K, expenses of $235K, and assets of $164K (revenue +0.8% year-over-year).
- 2018: Revenue of $272K, expenses of $219K, and assets of $124K (revenue +13.1% year-over-year).
- 2017: Revenue of $241K, expenses of $243K, and assets of $71K (revenue -1.6% year-over-year).
- 2016: Revenue of $245K, expenses of $194K, and assets of $72K (revenue +72.9% year-over-year).
- 2015: Revenue of $142K, expenses of $150K, and assets of $21K (revenue +2.7% year-over-year).
- 2014: Revenue of $138K, expenses of $148K, and assets of $30K (revenue -13.6% year-over-year).
- 2013: Revenue of $160K, expenses of $139K, and assets of $40K (revenue +69.0% year-over-year).
- 2012: Revenue of $94K, expenses of $83K, and assets of $19K (revenue +16.4% year-over-year).
- 2011: Revenue of $81K, expenses of $86K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gate Breaker Ministries Corp:
Data Sources and Methodology
This transparency report for Gate Breaker Ministries Corp 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.