Linda Gove Ministries
Linda Gove Ministries maintains stable assets despite fluctuating revenues and occasional deficit spending.
EIN: 204597354 · North Berwick, ME · NTEE: X192 · Updated: 2026-03-28
About Linda Gove Ministries
Linda Gove Ministries (EIN: 204597354) is a nonprofit organization based in North Berwick, ME, classified under NTEE code X192. The organization reported total revenue of $101K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Linda Gove Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Linda Gove 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Linda Gove Ministries 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
No officer compensation has been reported in any of the five available IRS 990 filings, suggesting that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly favorable for a small organization with revenues around $100,000.
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 Linda Gove Ministries's IRS 990 filings:
- Occasional deficit spending, such as in 2022 where expenses ($119,438) significantly exceeded revenue ($85,744).
Strengths
The following positive indicators were identified for Linda Gove Ministries:
- Zero reported officer compensation across all five filings, indicating high efficiency in leadership costs.
- Consistent filing of IRS Form 990s, demonstrating good governance and transparency.
- Maintained and slightly grown asset base over five years, from $70,575 in 2019 to $75,830 in 2023.
- No reported liabilities in any of the filings, suggesting a healthy balance sheet.
Frequently Asked Questions about Linda Gove Ministries
Is Linda Gove Ministries a good charity?
Based on the available data, Linda Gove Ministries appears to be a good charity. It consistently reports no officer compensation, indicating a strong commitment to directing funds towards its mission. While there have been periods of deficit spending, the organization has maintained and slightly grown its assets over the past five years, from $70,575 in 2019 to $75,830 in 2023.
How does Linda Gove Ministries manage its expenses relative to its revenue?
Linda Gove Ministries has experienced periods where expenses exceeded revenue, such as in 2023 ($98,367 expenses vs. $92,108 revenue) and 2022 ($119,438 expenses vs. $85,744 revenue). However, it also had periods of surplus, like in 2021 ($65,634 expenses vs. $88,146 revenue) and 2020 ($34,068 expenses vs. $56,764 revenue). Overall, the organization manages to sustain its operations and maintain its asset base despite these fluctuations.
What is the trend in assets for Linda Gove Ministries?
The organization's assets have shown a general upward trend over the five-year period, increasing from $70,575 in 2019 to $75,830 in 2023. There was a peak in 2021 at $115,783, followed by a decrease, but the overall trajectory indicates financial stability and growth in its resource base.
Filing History
IRS 990 filing history for Linda Gove Ministries showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Linda Gove Ministries's revenue has grown by 87.6%, moving from $49K to $92K. Total assets increased by 7.4% over the same period, from $71K to $76K. Total functional expenses rose by 102.5%, from $49K to $98K. In its most recent filing year (2023), Linda Gove Ministries reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $98K | $76K | $0 | — | View 990 |
| 2022 | $86K | $119K | $82K | $0 | — | View 990 |
| 2021 | $88K | $66K | $116K | $0 | — | View 990 |
| 2020 | $57K | $34K | $93K | $0 | — | — |
| 2019 | $49K | $49K | $71K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92K, expenses of $98K, and assets of $76K (revenue +7.4% year-over-year).
- 2022: Revenue of $86K, expenses of $119K, and assets of $82K (revenue -2.7% year-over-year).
- 2021: Revenue of $88K, expenses of $66K, and assets of $116K (revenue +55.3% year-over-year).
- 2020: Revenue of $57K, expenses of $34K, and assets of $93K (revenue +15.6% year-over-year).
- 2019: Revenue of $49K, expenses of $49K, and assets of $71K.
Data Sources and Methodology
This transparency report for Linda Gove 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.