Larry Sharley Institute Of Evangelism Inc
Larry Sharley Institute Of Evangelism Inc shows recent financial surpluses and no reported officer compensation.
EIN: 202447490 · Columbia, MD · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $146K |
| Total Expenses | $182K |
| Program Spending | 80% |
| Net Assets | $149K |
| Transparency Score | 85/100 |
Is Larry Sharley Institute Of Evangelism Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Larry Sharley Institute Of Evangelism Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Larry Sharley Institute Of Evangelism Inc
Larry Sharley Institute Of Evangelism Inc (EIN: 202447490) is a nonprofit organization based in Columbia, MD, classified under NTEE code B99. The organization reported total revenue of $146K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Larry Sharley Institute Of Evangelism Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Larry Sharley Institute Of Evangelism 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 -11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $295K |
| Total Expenses | $182K |
| Surplus / Deficit | +$113K |
| Total Assets | $152K |
| Total Liabilities | $3K |
| Net Assets | $149K |
| Operating Margin | 38.3% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 10.0 months |
Financial Health Grade: A
In 2023, Larry Sharley Institute Of Evangelism Inc reported a surplus of $113K with revenue exceeding expenses, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Larry Sharley Institute Of Evangelism Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | -42.6% | +303.8% |
| 2022 | +17.0% | +45.4% | -54.3% |
| 2021 | +47.8% | +22.2% | +21.9% |
| 2020 | -28.2% | -17.3% | -24.1% |
| 2019 | -14.8% | +6.9% | +15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Larry Sharley Institute Of Evangelism 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Larry Sharley Institute Of Evangelism Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $113K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid or compensated through non-officer categories, which is a strong positive for 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 Larry Sharley Institute Of Evangelism Inc's IRS 990 filings:
- Inconsistent revenue streams leading to periodic deficits (e.g., 2022, 2020, 2017, 2016, 2014).
Strengths
The following positive indicators were identified for Larry Sharley Institute Of Evangelism Inc:
- Consistent reporting of 0% officer compensation across all filings.
- Significant financial surplus in 2023 ($295,250 revenue vs. $182,243 expenses).
- Strong asset growth in the most recent period, from $37,566 in 2022 to $151,676 in 2023.
- Consistent filing of IRS Form 990s over 13 periods, indicating good transparency and compliance.
Frequently Asked Questions about Larry Sharley Institute Of Evangelism Inc
Is Larry Sharley Institute Of Evangelism Inc a legitimate charity?
Larry Sharley Institute Of Evangelism Inc (EIN: 202447490) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $146K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Larry Sharley Institute Of Evangelism Inc spend its money?
Larry Sharley Institute Of Evangelism Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Larry Sharley Institute Of Evangelism Inc tax-deductible?
Larry Sharley Institute Of Evangelism Inc is registered as a tax-exempt nonprofit (EIN: 202447490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Larry Sharley Institute Of Evangelism Inc's spending goes to programs?
Larry Sharley Institute Of Evangelism Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Larry Sharley Institute Of Evangelism Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Larry Sharley Institute Of Evangelism Inc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Larry Sharley Institute Of Evangelism Inc located?
Larry Sharley Institute Of Evangelism Inc is headquartered in Columbia, Maryland and files with the IRS under EIN 202447490. It is classified under NTEE code B99.
How many years of IRS 990 filings does Larry Sharley Institute Of Evangelism Inc have?
Larry Sharley Institute Of Evangelism 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 $146K in total revenue.
Is Larry Sharley Institute Of Evangelism Inc financially stable?
Yes, the organization has shown strong financial stability in recent years, with revenues exceeding expenses in 2023 ($295,250 revenue vs. $182,243 expenses) and a growing asset base of $151,676 in 2023.
How does the organization manage executive compensation?
All available IRS 990 filings consistently report 0% officer compensation, suggesting a commitment to directing funds towards its mission rather than high executive salaries.
Has the organization experienced financial deficits?
Yes, the organization has experienced deficits in several years, such as 2022 (expenses $317,600 vs. revenue $272,906) and 2017 (expenses $278,118 vs. revenue $225,112), but has demonstrated an ability to recover and achieve surpluses in other periods.
What is the trend in the organization's assets?
The organization's assets have shown significant growth recently, increasing from $37,566 in 2022 to $151,676 in 2023, indicating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Larry Sharley Institute Of Evangelism Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Larry Sharley Institute Of Evangelism Inc's revenue has declined by 76.6%, moving from $1.3M to $295K. Total assets decreased by 82.6% over the same period, from $871K to $152K. Total functional expenses fell by 80.6%, from $939K to $182K. In its most recent filing year (2023), Larry Sharley Institute Of Evangelism Inc reported a surplus of $113K, with revenue exceeding expenses. The organization holds $3K in liabilities against $152K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $149K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $295K | $182K | $152K | $3K | — | — |
| 2022 | $273K | $318K | $38K | $2K | — | View 990 |
| 2021 | $233K | $218K | $82K | $2K | — | View 990 |
| 2020 | $158K | $179K | $68K | $2K | — | View 990 |
| 2019 | $220K | $216K | $89K | $2K | — | View 990 |
| 2018 | $258K | $202K | $77K | $3K | — | View 990 |
| 2017 | $225K | $278K | $20K | $2K | — | View 990 |
| 2016 | $211K | $279K | $131K | $60K | — | View 990 |
| 2015 | $774K | $627K | $149K | $10K | — | View 990 |
| 2014 | $105K | $365K | $5K | $13K | — | View 990 |
| 2013 | $213K | $656K | $414K | $162K | — | View 990 |
| 2012 | $772K | $898K | $770K | $73K | — | View 990 |
| 2011 | $1.3M | $939K | $871K | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $295K, expenses of $182K, and assets of $152K (revenue +8.2% year-over-year).
- 2022: Revenue of $273K, expenses of $318K, and assets of $38K (revenue +17.0% year-over-year).
- 2021: Revenue of $233K, expenses of $218K, and assets of $82K (revenue +47.8% year-over-year).
- 2020: Revenue of $158K, expenses of $179K, and assets of $68K (revenue -28.2% year-over-year).
- 2019: Revenue of $220K, expenses of $216K, and assets of $89K (revenue -14.8% year-over-year).
- 2018: Revenue of $258K, expenses of $202K, and assets of $77K (revenue +14.6% year-over-year).
- 2017: Revenue of $225K, expenses of $278K, and assets of $20K (revenue +6.7% year-over-year).
- 2016: Revenue of $211K, expenses of $279K, and assets of $131K (revenue -72.7% year-over-year).
- 2015: Revenue of $774K, expenses of $627K, and assets of $149K (revenue +640.2% year-over-year).
- 2014: Revenue of $105K, expenses of $365K, and assets of $5K (revenue -50.9% year-over-year).
- 2013: Revenue of $213K, expenses of $656K, and assets of $414K (revenue -72.5% year-over-year).
- 2012: Revenue of $772K, expenses of $898K, and assets of $770K (revenue -38.9% year-over-year).
- 2011: Revenue of $1.3M, expenses of $939K, and assets of $871K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Larry Sharley Institute Of Evangelism Inc:
Data Sources and Methodology
This transparency report for Larry Sharley Institute Of Evangelism 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.