Kingdomquest Ministries Inc
Kingdomquest Ministries Inc shows consistent revenue growth and lean operations with no reported officer compensation.
EIN: 205448454 · Brazil, IN · NTEE: X90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $563K |
| Total Expenses | $431K |
| Program Spending | 85% |
| Net Assets | $61K |
| Transparency Score | 85/100 |
Is Kingdomquest Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kingdomquest Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kingdomquest Ministries Inc
Kingdomquest Ministries Inc (EIN: 205448454) is a nonprofit organization based in Brazil, IN, classified under NTEE code X90. The organization reported total revenue of $563K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingdomquest Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingdomquest Ministries Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $440K |
| Total Expenses | $431K |
| Surplus / Deficit | +$9K |
| Total Assets | $79K |
| Total Liabilities | $17K |
| Net Assets | $61K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 21.9% |
| Months of Reserves | 2.2 months |
Financial Health Grade: A
In 2023, Kingdomquest Ministries Inc reported a surplus of $9K with revenue exceeding expenses, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 21.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kingdomquest Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +21.7% | -16.7% |
| 2022 | +28.5% | +13.1% | +186.2% |
| 2021 | -12.2% | -18.7% | +21.7% |
| 2020 | -11.2% | -5.3% | -20.2% |
| 2019 | +31.3% | +28.8% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2007 |
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 Kingdomquest Ministries Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kingdomquest Ministries Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-led or very lean leadership structure, directing all funds towards the mission.
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 Kingdomquest Ministries Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering precise efficiency analysis.
Strengths
The following positive indicators were identified for Kingdomquest Ministries Inc:
- Consistent revenue growth over the past decade, from $159,333 in 2014 to $440,477 in 2023.
- 0% officer compensation reported across all filings, indicating strong commitment to mission-focused spending.
- Generally operates with expenses closely aligned to revenue, suggesting efficient financial management.
- Positive trend in assets, increasing from $32,945 in 2021 to $78,594 in 2023, enhancing financial stability.
Frequently Asked Questions about Kingdomquest Ministries Inc
Is Kingdomquest Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kingdomquest Ministries Inc (EIN: 205448454) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Kingdomquest Ministries Inc spend its money?
Kingdomquest Ministries Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kingdomquest Ministries Inc tax-deductible?
Kingdomquest Ministries Inc is registered as a tax-exempt nonprofit (EIN: 205448454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kingdomquest Ministries Inc's spending goes to programs?
Kingdomquest Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kingdomquest Ministries Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kingdomquest Ministries Inc is above average for NTEE category X90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kingdomquest Ministries Inc located?
Kingdomquest Ministries Inc is headquartered in Brazil, Indiana and files with the IRS under EIN 205448454. It is classified under NTEE code X90.
How many years of IRS 990 filings does Kingdomquest Ministries Inc have?
Kingdomquest Ministries Inc 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 $563K in total revenue.
Is Kingdomquest Ministries Inc financially stable?
Yes, Kingdomquest Ministries Inc appears financially stable, demonstrating consistent revenue growth from $159,333 in 2014 to $440,477 in 2023, and generally managing expenses to align with income, often resulting in small surpluses. Assets have also shown a positive trend, reaching $78,594 in 2023.
How much of Kingdomquest Ministries Inc's revenue goes to executive salaries?
Based on the provided IRS 990 data, Kingdomquest Ministries Inc reports 0% officer compensation across all available filings, meaning no revenue is allocated to executive salaries.
Has Kingdomquest Ministries Inc's revenue been growing?
Yes, Kingdomquest Ministries Inc has shown significant revenue growth, increasing from $159,333 in 2014 to $440,477 in 2023, with a peak of $563,307 in its latest reported revenue.
Filing History
IRS 990 filing history for Kingdomquest Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kingdomquest Ministries Inc's revenue has grown by 285.1%, moving from $114K to $440K. Total assets increased by 61.4% over the same period, from $49K to $79K. Total functional expenses rose by 294.3%, from $109K to $431K. In its most recent filing year (2023), Kingdomquest Ministries Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $17K in liabilities against $79K in assets (debt-to-asset ratio: 21.9%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $440K | $431K | $79K | $17K | — | — |
| 2022 | $406K | $354K | $94K | $41K | — | View 990 |
| 2021 | $316K | $313K | $33K | $31K | — | View 990 |
| 2020 | $359K | $385K | $27K | $28K | — | View 990 |
| 2019 | $405K | $407K | $34K | $9K | — | View 990 |
| 2018 | $308K | $316K | $31K | $5K | — | View 990 |
| 2017 | $282K | $301K | $43K | $9K | — | View 990 |
| 2016 | $268K | $236K | $54K | $7K | — | View 990 |
| 2015 | $217K | $156K | $105K | $0 | — | View 990 |
| 2014 | $159K | $152K | $74K | $0 | — | View 990 |
| 2013 | $157K | $144K | $66K | $0 | — | View 990 |
| 2012 | $160K | $155K | $53K | $0 | — | View 990 |
| 2011 | $114K | $109K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $440K, expenses of $431K, and assets of $79K (revenue +8.6% year-over-year).
- 2022: Revenue of $406K, expenses of $354K, and assets of $94K (revenue +28.5% year-over-year).
- 2021: Revenue of $316K, expenses of $313K, and assets of $33K (revenue -12.2% year-over-year).
- 2020: Revenue of $359K, expenses of $385K, and assets of $27K (revenue -11.2% year-over-year).
- 2019: Revenue of $405K, expenses of $407K, and assets of $34K (revenue +31.3% year-over-year).
- 2018: Revenue of $308K, expenses of $316K, and assets of $31K (revenue +9.3% year-over-year).
- 2017: Revenue of $282K, expenses of $301K, and assets of $43K (revenue +5.1% year-over-year).
- 2016: Revenue of $268K, expenses of $236K, and assets of $54K (revenue +23.7% year-over-year).
- 2015: Revenue of $217K, expenses of $156K, and assets of $105K (revenue +36.1% year-over-year).
- 2014: Revenue of $159K, expenses of $152K, and assets of $74K (revenue +1.2% year-over-year).
- 2013: Revenue of $157K, expenses of $144K, and assets of $66K (revenue -1.5% year-over-year).
- 2012: Revenue of $160K, expenses of $155K, and assets of $53K (revenue +39.7% year-over-year).
- 2011: Revenue of $114K, expenses of $109K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingdomquest Ministries Inc:
Data Sources and Methodology
This transparency report for Kingdomquest Ministries Inc 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.