Holy Ghost Ministries
Holy Ghost Ministries consistently operates with a surplus and no officer compensation, but carries significant liabilities.
EIN: 202563515 · Conway, AR · NTEE: X200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $75K |
| Program Spending | 85% |
| Net Assets | $123K |
| Transparency Score | 75/100 |
Is Holy Ghost Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holy Ghost Ministries directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Holy Ghost Ministries
Holy Ghost Ministries (EIN: 202563515) is a nonprofit organization based in Conway, AR, classified under NTEE code X200. The organization reported total revenue of $63K and total assets of $547K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Ghost Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holy Ghost Ministries is a micro nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $75K |
| Surplus / Deficit | +$4K |
| Total Assets | $563K |
| Total Liabilities | $440K |
| Net Assets | $123K |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 78.1% |
| Months of Reserves | 90.6 months |
Financial Health Grade: A
In 2022, Holy Ghost Ministries reported a surplus of $4K with revenue exceeding expenses, holds 90.6 months of operating reserves (strong position), has a debt-to-asset ratio of 78.1% (high leverage).
Financial Trends
Over 9 years of filings (2011–2022), Holy Ghost Ministries's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -43.0% | -38.8% | -2.2% |
| 2021 | -18.4% | -26.2% | +-0.0% |
| 2020 | +37.4% | +49.6% | -1.8% |
| 2019 | +29.8% | +34.9% | -0.6% |
| 2018 | +39.7% | +32.0% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Holy Ghost Ministries with a Mission Score of 75 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, Holy Ghost Ministries 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 78.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that officers are not compensated financially by the organization, which is highly favorable for donor perception and resource allocation.
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 Holy Ghost Ministries's IRS 990 filings:
- High and persistent level of liabilities relative to assets, ranging from $439,562 to $526,432 in recent years, which could indicate financial constraints or significant debt.
Strengths
The following positive indicators were identified for Holy Ghost Ministries:
- Consistent positive net income in most years (e.g., $78,077 revenue vs. $74,535 expenses in 2022), indicating sound financial management.
- 0% officer compensation reported across all filings, demonstrating a commitment to directing funds towards the mission rather than executive salaries.
- Long filing history (9 filings) indicates consistent compliance and transparency with IRS reporting requirements.
Frequently Asked Questions about Holy Ghost Ministries
Is Holy Ghost Ministries a legitimate charity?
Holy Ghost Ministries (EIN: 202563515) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $63K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Holy Ghost Ministries spend its money?
Holy Ghost Ministries directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Holy Ghost Ministries tax-deductible?
Holy Ghost Ministries is registered as a tax-exempt nonprofit (EIN: 202563515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Holy Ghost Ministries's spending goes to programs?
Holy Ghost Ministries directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Holy Ghost Ministries compare to similar nonprofits?
With a transparency score of 75/100 (Good), Holy Ghost Ministries is above average for NTEE category X200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Holy Ghost Ministries located?
Holy Ghost Ministries is headquartered in Conway, Arkansas and files with the IRS under EIN 202563515. It is classified under NTEE code X200.
How many years of IRS 990 filings does Holy Ghost Ministries have?
Holy Ghost Ministries has 9 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 $63K in total revenue.
What is the nature of Holy Ghost Ministries' significant liabilities?
The filings show liabilities ranging from $439,562 to $526,432 in recent years. Understanding if these are program-related, long-term debt, or restricted funds is crucial for a complete financial picture.
How does Holy Ghost Ministries allocate its expenses between programs, administration, and fundraising?
The provided data does not offer a detailed breakdown of expenses. A more granular view would allow for a precise assessment of spending efficiency and program focus.
What specific programs does Holy Ghost Ministries operate under its NTEE code X200?
The NTEE code X200 is broad. Knowing the specific activities and programs would help evaluate the impact and alignment with its stated mission.
Filing History
IRS 990 filing history for Holy Ghost Ministries showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Holy Ghost Ministries's revenue has grown by 257.7%, moving from $22K to $78K. Total assets increased by 278595.5% over the same period, from $202 to $563K. Total functional expenses rose by 135.7%, from $32K to $75K. In its most recent filing year (2022), Holy Ghost Ministries reported a surplus of $4K, with revenue exceeding expenses. The organization holds $440K in liabilities against $563K in assets (debt-to-asset ratio: 78.1%), resulting in net assets of $123K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $78K | $75K | $563K | $440K | — | View 990 |
| 2021 | $137K | $122K | $575K | $456K | — | View 990 |
| 2020 | $168K | $165K | $575K | $471K | — | — |
| 2019 | $122K | $110K | $586K | $484K | — | View 990 |
| 2018 | $94K | $82K | $590K | $500K | — | View 990 |
| 2017 | $67K | $62K | $600K | $521K | — | View 990 |
| 2016 | $133K | $60K | $599K | $526K | — | View 990 |
| 2012 | $34K | $31K | $3K | $0 | — | View 990 |
| 2011 | $22K | $32K | $202 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $78K, expenses of $75K, and assets of $563K (revenue -43.0% year-over-year).
- 2021: Revenue of $137K, expenses of $122K, and assets of $575K (revenue -18.4% year-over-year).
- 2020: Revenue of $168K, expenses of $165K, and assets of $575K (revenue +37.4% year-over-year).
- 2019: Revenue of $122K, expenses of $110K, and assets of $586K (revenue +29.8% year-over-year).
- 2018: Revenue of $94K, expenses of $82K, and assets of $590K (revenue +39.7% year-over-year).
- 2017: Revenue of $67K, expenses of $62K, and assets of $600K (revenue -49.4% year-over-year).
- 2016: Revenue of $133K, expenses of $60K, and assets of $599K (revenue +291.0% year-over-year).
- 2012: Revenue of $34K, expenses of $31K, and assets of $3K (revenue +55.8% year-over-year).
- 2011: Revenue of $22K, expenses of $32K, and assets of $202.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holy Ghost Ministries:
Data Sources and Methodology
This transparency report for Holy Ghost 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.