Ministerios El Shaddai Corp
Ministerios El Shaddai Corp shows consistent asset growth and no reported officer compensation over three years.
EIN: 202303954 · Bayonne, NJ · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $194K |
| Total Expenses | $153K |
| Program Spending | 85% |
| Net Assets | $407K |
| Transparency Score | 88/100 |
Is Ministerios El Shaddai Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ministerios El Shaddai Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ministerios El Shaddai Corp
Ministerios El Shaddai Corp (EIN: 202303954) is a nonprofit organization based in Bayonne, NJ, classified under NTEE code X21. The organization reported total revenue of $194K and total assets of $431K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ministerios El Shaddai Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ministerios El Shaddai Corp is a small nonprofit that has been operating for 3 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of 22.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $153K |
| Surplus / Deficit | +$42K |
| Total Assets | $431K |
| Total Liabilities | $25K |
| Net Assets | $407K |
| Operating Margin | 21.5% |
| Debt-to-Asset Ratio | 5.8% |
| Months of Reserves | 33.9 months |
Financial Health Grade: A
In 2022, Ministerios El Shaddai Corp reported a surplus of $42K with revenue exceeding expenses, holds 33.9 months of operating reserves (strong position), has a debt-to-asset ratio of 5.8% (very low leverage).
Financial Trends
Over 3 years of filings (2020–2022), Ministerios El Shaddai Corp's revenue has grown at a compound annual growth rate (CAGR) of 22.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -10.8% | +45.9% | +6.6% |
| 2021 | +69.0% | +338.9% | +61.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2023 |
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 Ministerios El Shaddai Corp with a Mission Score of 88 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, Ministerios El Shaddai Corp 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.8%.
Executive Compensation Analysis
No officer compensation has been reported across all three available filings (2020-2022), indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence.
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.
Strengths
The following positive indicators were identified for Ministerios El Shaddai Corp:
- Consistent asset growth from $251,364 in 2020 to $431,482 in 2022.
- No reported officer compensation across all three filings (2020-2022).
- Revenues consistently exceed expenses, indicating financial stability and surplus generation.
- Low liabilities relative to assets, with a healthy asset-to-liability ratio.
Frequently Asked Questions about Ministerios El Shaddai Corp
Is Ministerios El Shaddai Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Ministerios El Shaddai Corp (EIN: 202303954) appears legitimate. Mission Score: 88/100. 0 red flags identified, 4 strengths noted.
How does Ministerios El Shaddai Corp spend its money?
Ministerios El Shaddai Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ministerios El Shaddai Corp tax-deductible?
Ministerios El Shaddai Corp is registered as a tax-exempt nonprofit (EIN: 202303954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ministerios El Shaddai Corp's spending goes to programs?
Ministerios El Shaddai Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ministerios El Shaddai Corp compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Ministerios El Shaddai Corp is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ministerios El Shaddai Corp located?
Ministerios El Shaddai Corp is headquartered in Bayonne, New Jersey and files with the IRS under EIN 202303954. It is classified under NTEE code X21.
How many years of IRS 990 filings does Ministerios El Shaddai Corp have?
Ministerios El Shaddai Corp has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $194K in total revenue.
Is Ministerios El Shaddai Corp a good charity?
Based on the available data, Ministerios El Shaddai Corp appears to be a good charity. It consistently generates more revenue than expenses, has growing assets, and reports no officer compensation, suggesting a strong focus on its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has improved over time, with assets growing from $251,364 in 2020 to $431,482 in 2022, and revenues consistently exceeding expenses, leading to a healthy surplus each year.
What is the organization's approach to executive compensation?
Ministerios El Shaddai Corp has reported 0% officer compensation in all available filings, indicating a commitment to minimizing administrative overhead in this area and potentially relying on volunteer leadership.
Filing History
IRS 990 filing history for Ministerios El Shaddai Corp showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Ministerios El Shaddai Corp's revenue has grown by 50.7%, moving from $129K to $194K. Total assets increased by 71.7% over the same period, from $251K to $431K. Total functional expenses rose by 540.2%, from $24K to $153K. In its most recent filing year (2022), Ministerios El Shaddai Corp reported a surplus of $42K, with revenue exceeding expenses. The organization holds $25K in liabilities against $431K in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $407K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $194K | $153K | $431K | $25K | — | View 990 |
| 2021 | $218K | $105K | $405K | $40K | — | View 990 |
| 2020 | $129K | $24K | $251K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $194K, expenses of $153K, and assets of $431K (revenue -10.8% year-over-year).
- 2021: Revenue of $218K, expenses of $105K, and assets of $405K (revenue +69.0% year-over-year).
- 2020: Revenue of $129K, expenses of $24K, and assets of $251K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ministerios El Shaddai Corp:
Data Sources and Methodology
This transparency report for Ministerios El Shaddai Corp 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.