Ironman Outdoor Ministriesincorporated

Ironman Outdoor Ministries shows consistent growth and zero officer compensation, despite recent operating deficits.

EIN: 208796367 · Blythewood, SC · NTEE: X20 · Updated: 2026-03-28

$445KRevenue

$181KAssets

88/100Mission Score (Excellent)

X20

About Ironman Outdoor Ministriesincorporated

Ironman Outdoor Ministriesincorporated (EIN: 208796367) is a nonprofit organization based in Blythewood, SC, classified under NTEE code X20. The organization reported total revenue of $445K and total assets of $181K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ironman Outdoor Ministriesincorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Ironman Outdoor Ministries Incorporated demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. For the most recent period (202312), the organization reported revenues of $389,469 against expenses of $425,542, resulting in a deficit for the year. This follows a similar pattern in 202212 where expenses exceeded revenue. However, the organization maintains a healthy asset base of $194,564, significantly higher than its liabilities of $63,950, suggesting overall solvency. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust.

While the organization has experienced periods where expenses outpaced revenue, its long-term growth in assets and revenue suggests effective fundraising and financial management over time. The NTEE code X20 (Religious Related) implies a focus on program services, and the absence of officer compensation further supports a program-centric approach. The organization's financial health appears generally sound, with a clear dedication to its mission as evidenced by its compensation practices.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ironman Outdoor Ministriesincorporated with a Mission Score of 88 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Ironman Outdoor Ministriesincorporated 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.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for an organization of its size with revenues reaching $445,052.

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 Ironman Outdoor Ministriesincorporated's IRS 990 filings:

Operating deficits in the last two reported periods (2023 and 2022) where expenses exceeded revenue.

Strengths

The following positive indicators were identified for Ironman Outdoor Ministriesincorporated:

Consistent revenue and asset growth over the past decade.
Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
Healthy asset base ($194,564 in 2023) relative to liabilities ($63,950 in 2023), demonstrating solvency.
Long history of IRS 990 filings (13 filings), suggesting transparency and compliance.

Frequently Asked Questions about Ironman Outdoor Ministriesincorporated

Is Ironman Outdoor Ministries a good charity?

Based on the available data, Ironman Outdoor Ministries appears to be a good charity. It demonstrates strong financial growth over time, maintains a healthy asset-to-liability ratio, and notably reports 0% officer compensation, indicating a high dedication to its mission.

Why did expenses exceed revenue in 2023 and 2022?

In 2023, expenses were $425,542 against revenues of $389,469, and in 2022, expenses were $374,087 against revenues of $345,823. This could be due to strategic investments in programs, expansion efforts, or temporary fluctuations in donations. Further detailed financial statements would be needed to understand the specific causes.

How has the organization's financial stability changed over the last decade?

The organization has shown significant growth in financial stability over the last decade. Revenue increased from $11,849 in 2014 to $389,469 in 2023, and assets grew from $29,257 to $194,564 in the same period, indicating substantial expansion and improved financial footing.

Filing History

IRS 990 filing history for Ironman Outdoor Ministriesincorporated showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Ironman Outdoor Ministriesincorporated's revenue has grown by 1938.8%, moving from $19K to $389K. Total assets increased by 920.7% over the same period, from $19K to $195K. Total functional expenses rose by 2329.6%, from $18K to $426K. In its most recent filing year (2023), Ironman Outdoor Ministriesincorporated reported a deficit of $36K, with expenses exceeding revenue. The organization holds $64K in liabilities against $195K in assets (debt-to-asset ratio: 32.9%), resulting in net assets of $131K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$389K	$426K	$195K	$64K	—	View 990
2022	$346K	$374K	$174K	$8K	—	—
2021	$401K	$332K	$203K	$8K	—	View 990
2020	$293K	$277K	$152K	$27K	—	View 990
2019	$246K	$143K	$109K	$304	—	View 990
2018	$190K	$147K	$98K	$0	—	View 990
2017	$72K	$57K	$55K	$0	—	—
2016	$41K	$28K	$40K	$0	—	View 990
2015	$24K	$22K	$29K	$2K	—	View 990
2014	$12K	$21K	$29K	$4K	—	View 990
2013	$13K	$19K	$35K	$467	—	View 990
2012	$41K	$19K	$40K	$63	—	View 990
2011	$19K	$18K	$19K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $389K, expenses of $426K, and assets of $195K (revenue +12.6% year-over-year).
2022: Revenue of $346K, expenses of $374K, and assets of $174K (revenue -13.8% year-over-year).
2021: Revenue of $401K, expenses of $332K, and assets of $203K (revenue +36.7% year-over-year).
2020: Revenue of $293K, expenses of $277K, and assets of $152K (revenue +19.1% year-over-year).
2019: Revenue of $246K, expenses of $143K, and assets of $109K (revenue +29.9% year-over-year).
2018: Revenue of $190K, expenses of $147K, and assets of $98K (revenue +165.4% year-over-year).
2017: Revenue of $72K, expenses of $57K, and assets of $55K (revenue +75.8% year-over-year).
2016: Revenue of $41K, expenses of $28K, and assets of $40K (revenue +69.7% year-over-year).
2015: Revenue of $24K, expenses of $22K, and assets of $29K (revenue +102.3% year-over-year).
2014: Revenue of $12K, expenses of $21K, and assets of $29K (revenue -10.9% year-over-year).
2013: Revenue of $13K, expenses of $19K, and assets of $35K (revenue -67.4% year-over-year).
2012: Revenue of $41K, expenses of $19K, and assets of $40K (revenue +113.5% year-over-year).
2011: Revenue of $19K, expenses of $18K, and assets of $19K.

Data Sources and Methodology

This transparency report for Ironman Outdoor Ministriesincorporated 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.