Marketplace Leaders Ministries Inc

Marketplace Leaders Ministries Inc. frequently operates at a deficit, with expenses exceeding revenue in most recent years.

EIN: 205399884 · Cumming, GA · NTEE: X80 · Updated: 2026-03-28

$255KRevenue

$42KAssets

65/100Mission Score (Good)

X80

About Marketplace Leaders Ministries Inc

Marketplace Leaders Ministries Inc (EIN: 205399884) is a nonprofit organization based in Cumming, GA, classified under NTEE code X80. The organization reported total revenue of $255K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marketplace Leaders Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Marketplace Leaders Ministries Inc. demonstrates a consistent operational pattern with revenues generally in the $200,000-$300,000 range over the past decade. A notable trend is that expenses frequently exceed revenue, as seen in 2023 ($310,838 expenses vs. $227,876 revenue) and 2022 ($265,306 expenses vs. $236,325 revenue), leading to net deficits in several years. This suggests a reliance on prior year surpluses or other funding mechanisms to cover operational costs. The organization's assets have fluctuated significantly, from a high of $158,121 in 2018 to $34,399 in 2020, and currently stand at $73,929 in 2023, indicating a less stable financial position.

The organization reports 0% officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent reporting of liabilities, such as $76,950 in 2023, suggests ongoing financial obligations that need to be managed.

Overall, while the lack of officer compensation is positive for transparency, the recurring deficits and fluctuating asset base suggest a need for more robust financial planning and potentially diversified revenue streams to ensure long-term sustainability. Further details on expense allocation would provide a clearer picture of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Marketplace Leaders Ministries Inc with a Mission Score of 65 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Marketplace Leaders Ministries 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size (average revenue ~$270,000).

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 Marketplace Leaders Ministries Inc's IRS 990 filings:

Recurring operational deficits (expenses exceeding revenue in multiple years, e.g., 2023, 2022, 2020)
Fluctuating and sometimes low asset base relative to liabilities (e.g., 2023 assets $73,929 vs. liabilities $76,950)
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering efficiency assessment

Strengths

The following positive indicators were identified for Marketplace Leaders Ministries Inc:

Zero officer compensation reported across all filings, indicating strong commitment to mission over executive pay
Consistent revenue generation over a decade, albeit with fluctuations
Long operational history with 13 IRS 990 filings

Frequently Asked Questions about Marketplace Leaders Ministries Inc

Is Marketplace Leaders Ministries Inc. financially sustainable?

The organization's financial sustainability is questionable given that expenses have exceeded revenue in multiple recent periods (e.g., 2023, 2022, 2020, 2019, 2018, 2017), leading to recurring deficits. This pattern suggests a reliance on accumulated assets or other funding to cover operational costs.

How does the organization manage its liabilities?

Liabilities have varied significantly, from $0 in 2016 to $76,950 in 2023. The presence of substantial liabilities in recent years, such as $76,950 in 2023 against assets of $73,929, indicates that current liabilities exceed current assets, which could pose a liquidity risk.

What is the trend in the organization's asset base?

The asset base has fluctuated considerably, from a high of $158,121 in 2018 to a low of $34,399 in 2020, and currently stands at $73,929 in 2023. This volatility suggests an inconsistent accumulation or utilization of financial reserves.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Marketplace Leaders Ministries Inc's revenue has declined by 5.5%, moving from $241K to $228K. Total assets decreased by 38.4% over the same period, from $120K to $74K. Total functional expenses fell by 1.2%, from $315K to $311K. In its most recent filing year (2023), Marketplace Leaders Ministries Inc reported a deficit of $83K, with expenses exceeding revenue. The organization holds $77K in liabilities against $74K in assets (debt-to-asset ratio: 104.1%), resulting in net assets of $-3,021.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$228K	$311K	$74K	$77K	—	—
2022	$236K	$265K	$115K	$35K	—	View 990
2021	$320K	$236K	$129K	$20K	—	View 990
2020	$243K	$262K	$34K	$7K	—	View 990
2019	$226K	$262K	$35K	$-7,239	—	View 990
2018	$272K	$281K	$158K	$75K	—	View 990
2017	$277K	$307K	$92K	$5K	—	View 990
2016	$351K	$355K	$127K	$0	—	View 990
2015	$311K	$298K	$151K	$20K	—	View 990
2014	$297K	$279K	$138K	$70K	—	View 990
2013	$273K	$284K	$75K	$25K	—	View 990
2012	$256K	$313K	$91K	$28K	—	View 990
2011	$241K	$315K	$120K	$1K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $228K, expenses of $311K, and assets of $74K (revenue -3.6% year-over-year).
2022: Revenue of $236K, expenses of $265K, and assets of $115K (revenue -26.1% year-over-year).
2021: Revenue of $320K, expenses of $236K, and assets of $129K (revenue +31.7% year-over-year).
2020: Revenue of $243K, expenses of $262K, and assets of $34K (revenue +7.5% year-over-year).
2019: Revenue of $226K, expenses of $262K, and assets of $35K (revenue -17.0% year-over-year).
2018: Revenue of $272K, expenses of $281K, and assets of $158K (revenue -1.9% year-over-year).
2017: Revenue of $277K, expenses of $307K, and assets of $92K (revenue -21.0% year-over-year).
2016: Revenue of $351K, expenses of $355K, and assets of $127K (revenue +12.7% year-over-year).
2015: Revenue of $311K, expenses of $298K, and assets of $151K (revenue +5.0% year-over-year).
2014: Revenue of $297K, expenses of $279K, and assets of $138K (revenue +8.8% year-over-year).
2013: Revenue of $273K, expenses of $284K, and assets of $75K (revenue +6.4% year-over-year).
2012: Revenue of $256K, expenses of $313K, and assets of $91K (revenue +6.2% year-over-year).
2011: Revenue of $241K, expenses of $315K, and assets of $120K.

Data Sources and Methodology

This transparency report for Marketplace Leaders 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.