Koome Ministries

Koome Ministries maintains stable operations with no reported executive compensation, but lacks detailed expense transparency.

EIN: 205982545 · Monument, CO · NTEE: X20 · Updated: 2026-03-28

$235KRevenue

$109KAssets

75/100Mission Score (Good)

X20

About Koome Ministries

Koome Ministries (EIN: 205982545) is a nonprofit organization based in Monument, CO, classified under NTEE code X20. The organization reported total revenue of $235K and total assets of $109K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Koome Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Koome Ministries demonstrates consistent financial activity over the past decade, with revenues generally ranging between $200,000 and $300,000 in recent years, though it saw higher revenues in 2014-2016. The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence and suggests resources are directed elsewhere. Its assets have shown growth, from $49,970 in 2020 to $94,767 in 2023, indicating some financial stability. However, the filings do not provide a detailed functional expense breakdown (program, administrative, fundraising), which limits a full assessment of spending efficiency. Without this breakdown, it's challenging to determine the percentage of funds directly supporting its mission versus overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Koome 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Koome Ministries allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Koome Ministries consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, 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 Koome Ministries's IRS 990 filings:

Lack of detailed functional expense breakdown in available data, hindering full spending efficiency analysis.

Strengths

The following positive indicators were identified for Koome Ministries:

Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
Stable financial operations with revenues generally covering expenses.
Positive trend in asset growth, from $49,970 in 2020 to $94,767 in 2023.

Frequently Asked Questions about Koome Ministries

Is Koome Ministries a good charity?

Based on the available data, Koome Ministries appears to be a fiscally conservative organization with no executive compensation. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess its spending efficiency and impact.

What is Koome Ministries' financial trend?

Koome Ministries has maintained relatively stable revenue and expense levels in recent years, typically around $200,000-$230,000. Its assets have shown a positive trend, nearly doubling from $49,970 in 2020 to $94,767 in 2023.

How transparent is Koome Ministries?

Koome Ministries is transparent in reporting zero officer compensation. However, the lack of detailed functional expense breakdowns in the provided data limits a comprehensive understanding of how its funds are allocated between programs, administration, and fundraising.

Filing History

IRS 990 filing history for Koome Ministries showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Koome Ministries's revenue has declined by 41.2%, moving from $343K to $202K. Total assets increased by 64.6% over the same period, from $58K to $95K. Total functional expenses fell by 35.9%, from $315K to $202K. In its most recent filing year (2023), Koome Ministries reported a surplus of $219, with revenue exceeding expenses. The organization holds $35K in liabilities against $95K in assets (debt-to-asset ratio: 37.3%), resulting in net assets of $59K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$202K	$202K	$95K	$35K	—	—
2022	$211K	$206K	$95K	$35K	—	View 990
2021	$232K	$192K	$89K	$35K	—	View 990
2020	$215K	$196K	$50K	$35K	—	View 990
2019	$204K	$220K	$32K	$36K	—	View 990
2018	$177K	$189K	$47K	$35K	—	View 990
2017	$236K	$255K	$60K	$37K	—	View 990
2016	$277K	$298K	$134K	$35K	—	View 990
2015	$450K	$384K	$165K	$35K	—	View 990
2014	$382K	$364K	$100K	$35K	—	View 990
2013	$317K	$290K	$83K	$37K	—	View 990
2012	$319K	$319K	$52K	$33K	—	View 990
2011	$343K	$315K	$58K	$39K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $202K, expenses of $202K, and assets of $95K (revenue -4.3% year-over-year).
2022: Revenue of $211K, expenses of $206K, and assets of $95K (revenue -9.0% year-over-year).
2021: Revenue of $232K, expenses of $192K, and assets of $89K (revenue +7.8% year-over-year).
2020: Revenue of $215K, expenses of $196K, and assets of $50K (revenue +5.3% year-over-year).
2019: Revenue of $204K, expenses of $220K, and assets of $32K (revenue +15.4% year-over-year).
2018: Revenue of $177K, expenses of $189K, and assets of $47K (revenue -25.1% year-over-year).
2017: Revenue of $236K, expenses of $255K, and assets of $60K (revenue -14.9% year-over-year).
2016: Revenue of $277K, expenses of $298K, and assets of $134K (revenue -38.4% year-over-year).
2015: Revenue of $450K, expenses of $384K, and assets of $165K (revenue +17.7% year-over-year).
2014: Revenue of $382K, expenses of $364K, and assets of $100K (revenue +20.5% year-over-year).
2013: Revenue of $317K, expenses of $290K, and assets of $83K (revenue -0.7% year-over-year).
2012: Revenue of $319K, expenses of $319K, and assets of $52K (revenue -7.0% year-over-year).
2011: Revenue of $343K, expenses of $315K, and assets of $58K.

Data Sources and Methodology

This transparency report for Koome 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.