Gilead Healing Ministries
Gilead Healing Ministries operates with minimal executive compensation but faces persistent liabilities exceeding assets.
EIN: 200603137 · Lansing, MI · NTEE: E30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $743K |
| Total Expenses | $571K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $743,420. |
| Net Assets | $-42,832 |
| Transparency Score | 70/100 |
Is Gilead Healing Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gilead Healing Ministries directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gilead Healing Ministries
Gilead Healing Ministries (EIN: 200603137) is a nonprofit organization based in Lansing, MI, classified under NTEE code E30. The organization reported total revenue of $743K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gilead Healing Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gilead Healing 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 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $606K |
| Total Expenses | $571K |
| Surplus / Deficit | +$35K |
| Total Assets | $47K |
| Total Liabilities | $90K |
| Net Assets | $-42,832 |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 190.3% |
| Months of Reserves | 1.0 months |
Financial Health Grade: B
In 2023, Gilead Healing Ministries reported a surplus of $35K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 190.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gilead Healing Ministries's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | -10.9% | -21.7% |
| 2022 | -3.7% | +14.0% | -48.6% |
| 2021 | +39.3% | +28.1% | +178.6% |
| 2020 | -3.8% | -13.3% | +83.2% |
| 2019 | +12.0% | +14.1% | -63.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| 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 Gilead Healing Ministries with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gilead Healing Ministries allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 190.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size with latest revenue of $743,420.
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 Gilead Healing Ministries's IRS 990 filings:
- Liabilities consistently exceed assets (e.g., 2023 assets $47,426 vs. liabilities $90,258), indicating potential solvency issues.
- Low asset base relative to annual revenue ($70,731 assets vs. $743,420 latest revenue), suggesting limited financial reserves.
- Periods where expenses significantly exceeded revenue (e.g., 2022 expenses $640,223 vs. revenue $582,863), indicating potential operational deficits.
Strengths
The following positive indicators were identified for Gilead Healing Ministries:
- Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to minimizing executive overhead.
- Consistent filing of IRS Form 990s over 13 periods, indicating good regulatory compliance.
- Overall revenue growth trend over the past decade, from $237,729 in 2016 to $606,017 in 2023.
Frequently Asked Questions about Gilead Healing Ministries
Is Gilead Healing Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Gilead Healing Ministries (EIN: 200603137) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Gilead Healing Ministries spend its money?
Gilead Healing Ministries directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gilead Healing Ministries tax-deductible?
Gilead Healing Ministries is registered as a tax-exempt nonprofit (EIN: 200603137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gilead Healing Ministries CEO make?
Gilead Healing Ministries's highest-compensated officer earns $743,420. annually. The organization reported $743K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gilead Healing Ministries's spending goes to programs?
Gilead Healing Ministries directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gilead Healing Ministries compare to similar nonprofits?
With a transparency score of 70/100 (Good), Gilead Healing Ministries is above average for NTEE category E30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gilead Healing Ministries located?
Gilead Healing Ministries is headquartered in Lansing, Michigan and files with the IRS under EIN 200603137. It is classified under NTEE code E30.
How many years of IRS 990 filings does Gilead Healing Ministries have?
Gilead Healing Ministries 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 $743K in total revenue.
Is Gilead Healing Ministries financially stable?
While the organization generally covers its expenses with revenue (e.g., 2023 revenue $606,017 vs. expenses $570,537), its assets are consistently low ($70,731 latest) and liabilities are often higher than assets (e.g., $90,258 liabilities vs. $47,426 assets in 2023), suggesting potential long-term stability concerns.
How does Gilead Healing Ministries manage executive compensation?
Gilead Healing Ministries reports 0% officer compensation in all available filings, indicating a strong commitment to directing funds away from executive salaries.
What is the trend in the organization's financial performance?
Revenue has shown growth over the years, from $237,729 in 2016 to $606,017 in 2023, but expenses have also increased, sometimes exceeding revenue (e.g., 2022 expenses $640,223 vs. revenue $582,863), leading to fluctuating net income.
Are the organization's assets sufficient to cover its liabilities?
No, in several recent periods, liabilities have significantly exceeded assets. For example, in 2023, assets were $47,426 while liabilities were $90,258, indicating a reliance on debt or short-term obligations.
Filing History
IRS 990 filing history for Gilead Healing Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gilead Healing Ministries's revenue has grown by 17.7%, moving from $515K to $606K. Total assets decreased by 83.3% over the same period, from $285K to $47K. Total functional expenses rose by 22.2%, from $467K to $571K. In its most recent filing year (2023), Gilead Healing Ministries reported a surplus of $35K, with revenue exceeding expenses. The organization holds $90K in liabilities against $47K in assets (debt-to-asset ratio: 190.3%), resulting in net assets of $-42,832.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $606K | $571K | $47K | $90K | — | — |
| 2022 | $583K | $640K | $61K | $139K | — | View 990 |
| 2021 | $605K | $561K | $118K | $139K | — | View 990 |
| 2020 | $434K | $438K | $42K | $107K | — | — |
| 2019 | $451K | $506K | $23K | $84K | — | View 990 |
| 2018 | $403K | $443K | $63K | $128K | — | View 990 |
| 2017 | $311K | $337K | $80K | $105K | — | View 990 |
| 2016 | $238K | $259K | $254K | $73K | — | View 990 |
| 2015 | $267K | $268K | $278K | $74K | — | View 990 |
| 2014 | $302K | $270K | $280K | $75K | — | View 990 |
| 2013 | $365K | $357K | $253K | $82K | — | View 990 |
| 2012 | $431K | $431K | $288K | $124K | — | View 990 |
| 2011 | $515K | $467K | $285K | $121K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $606K, expenses of $571K, and assets of $47K (revenue +4.0% year-over-year).
- 2022: Revenue of $583K, expenses of $640K, and assets of $61K (revenue -3.7% year-over-year).
- 2021: Revenue of $605K, expenses of $561K, and assets of $118K (revenue +39.3% year-over-year).
- 2020: Revenue of $434K, expenses of $438K, and assets of $42K (revenue -3.8% year-over-year).
- 2019: Revenue of $451K, expenses of $506K, and assets of $23K (revenue +12.0% year-over-year).
- 2018: Revenue of $403K, expenses of $443K, and assets of $63K (revenue +29.7% year-over-year).
- 2017: Revenue of $311K, expenses of $337K, and assets of $80K (revenue +30.6% year-over-year).
- 2016: Revenue of $238K, expenses of $259K, and assets of $254K (revenue -11.1% year-over-year).
- 2015: Revenue of $267K, expenses of $268K, and assets of $278K (revenue -11.5% year-over-year).
- 2014: Revenue of $302K, expenses of $270K, and assets of $280K (revenue -17.1% year-over-year).
- 2013: Revenue of $365K, expenses of $357K, and assets of $253K (revenue -15.3% year-over-year).
- 2012: Revenue of $431K, expenses of $431K, and assets of $288K (revenue -16.3% year-over-year).
- 2011: Revenue of $515K, expenses of $467K, and assets of $285K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gilead Healing Ministries:
Data Sources and Methodology
This transparency report for Gilead Healing 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.