Keith Nix Ministries

Keith Nix Ministries operates lean with no reported officer compensation, maintaining modest assets and close to break-even finances.

EIN: 10770184 · Sevierville, TN · NTEE: X20 · Updated: 2026-03-28

$213KRevenue

$94KAssets

85/100Mission Score (Excellent)

X20

About Keith Nix Ministries

Keith Nix Ministries (EIN: 10770184) is a nonprofit organization based in Sevierville, TN, classified under NTEE code X20. The organization reported total revenue of $213K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keith Nix Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Keith Nix Ministries demonstrates consistent financial activity, with revenues fluctuating between approximately $104,050 and $272,041 over the past decade. The organization generally operates close to break-even, with expenses often closely matching or slightly exceeding revenue in several periods, such as 202012 (Revenue $163,663, Expenses $185,946) and 201712 (Revenue $208,510, Expenses $231,401). This indicates a lean operational model. The organization's assets have remained relatively modest, peaking at $44,502 in 202112, and showing $0 in assets for the 202312 period, which could suggest minimal reserves or a focus on immediate program delivery.

Transparency appears to be a strong point, as the organization consistently files its IRS Form 990s, providing public access to its financial data. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of financial efficiency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances trust and suggests a volunteer-driven or very low-cost leadership structure.

Overall, Keith Nix Ministries appears to be a financially stable, albeit lean, organization with a strong commitment to transparency and efficient use of funds, particularly given the absence of officer compensation. The close alignment of revenues and expenses suggests careful budgeting, though the lack of significant asset accumulation might limit its capacity for large-scale future initiatives or provide a buffer against unexpected financial challenges.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Keith Nix Ministries with a Mission Score of 85 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Keith Nix Ministries allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with revenues consistently over $100,000 and suggests a volunteer-led model or that leadership compensation is covered by other means not reported as officer compensation on the 990.

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 Keith Nix Ministries's IRS 990 filings:

Fluctuating and sometimes zero reported assets, potentially indicating limited financial reserves for future stability or unexpected events.
Expenses occasionally exceeding revenue (e.g., 202012, 201712), which, if sustained, could lead to financial instability.

Strengths

The following positive indicators were identified for Keith Nix Ministries:

Consistent IRS 990 filing history, demonstrating strong transparency.
0% officer compensation reported across all filings, indicating highly efficient use of funds and dedication to mission.
Lean operational model with expenses closely aligned to revenue, suggesting careful financial management.
Long operational history with 11 filings, indicating sustained activity.

Frequently Asked Questions about Keith Nix Ministries

How does Keith Nix Ministries sustain its operations without officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for key personnel is structured in a way that does not fall under 'officer compensation' as defined by the IRS for Form 990, such as through a separate entity or as contractor fees. Further investigation into their operational model would be needed to fully understand this.

What is the typical program spending ratio for Keith Nix Ministries?

While specific program spending ratios are not detailed in the provided summary, the overall financial picture, especially the 0% officer compensation and close revenue-to-expense ratios, suggests a high proportion of expenses are directed towards programs. Without detailed expense breakdowns, an estimated 90% program spending is reasonable given the lack of executive salaries.

Why do assets fluctuate significantly, including $0 in 202312?

The fluctuation and occasional reporting of $0 in assets (e.g., 202312, 202012) could indicate that the organization operates with minimal reserves, quickly expending funds received on current programs, or that its assets are primarily non-cash and not reported in the same manner. It might also suggest a cash-basis accounting approach where funds are spent as they are received.

Filing History

IRS 990 filing history for Keith Nix Ministries showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2023), Keith Nix Ministries's revenue has declined by 2.2%, moving from $168K to $164K. Total assets decreased by 100% over the same period, from $32K to $0. Total functional expenses fell by 16.7%, from $161K to $134K. In its most recent filing year (2023), Keith Nix Ministries reported a surplus of $30K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$164K	$134K	$0	$0	—	—
2021	$216K	$197K	$45K	$0	—	View 990
2020	$164K	$186K	$0	$0	—	—
2018	$104K	$103K	$11K	$11K	—	View 990
2017	$209K	$231K	$10K	$19K	—	—
2016	$272K	$250K	$33K	$19K	—	View 990
2015	$247K	$239K	$7K	$0	—	View 990
2014	$207K	$202K	$18K	$27K	—	View 990
2013	$178K	$180K	$14K	$28K	—	View 990
2012	$166K	$183K	$14K	$26K	—	View 990
2011	$168K	$161K	$32K	$27K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $164K, expenses of $134K, and assets of $0 (revenue -24.2% year-over-year).
2021: Revenue of $216K, expenses of $197K, and assets of $45K (revenue +32.1% year-over-year).
2020: Revenue of $164K, expenses of $186K, and assets of $0 (revenue +57.3% year-over-year).
2018: Revenue of $104K, expenses of $103K, and assets of $11K (revenue -50.1% year-over-year).
2017: Revenue of $209K, expenses of $231K, and assets of $10K (revenue -23.4% year-over-year).
2016: Revenue of $272K, expenses of $250K, and assets of $33K (revenue +9.9% year-over-year).
2015: Revenue of $247K, expenses of $239K, and assets of $7K (revenue +19.8% year-over-year).
2014: Revenue of $207K, expenses of $202K, and assets of $18K (revenue +16.4% year-over-year).
2013: Revenue of $178K, expenses of $180K, and assets of $14K (revenue +7.0% year-over-year).
2012: Revenue of $166K, expenses of $183K, and assets of $14K (revenue -1.0% year-over-year).
2011: Revenue of $168K, expenses of $161K, and assets of $32K.

Data Sources and Methodology

This transparency report for Keith Nix 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.