Mount Jubilee Ministriesincorporated
Mount Jubilee Ministries shows consistent revenue and asset growth with no reported officer compensation.
EIN: 208089837 · Reidsville, NC · NTEE: N20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $705K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $783,605 |
| Net Assets | $396K |
| Transparency Score | 92/100 |
Is Mount Jubilee Ministriesincorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Jubilee Ministriesincorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Jubilee Ministriesincorporated
Mount Jubilee Ministriesincorporated (EIN: 208089837) is a nonprofit organization based in Reidsville, NC, classified under NTEE code N20. The organization reported total revenue of $1.7M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Jubilee Ministriesincorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Jubilee Ministriesincorporated is a mid-size nonprofit that has been operating for 19 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 45.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $784K |
| Total Expenses | $705K |
| Surplus / Deficit | +$79K |
| Total Assets | $397K |
| Total Liabilities | $338 |
| Net Assets | $396K |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2023, Mount Jubilee Ministriesincorporated reported a surplus of $79K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Mount Jubilee Ministriesincorporated's revenue has grown at a compound annual growth rate (CAGR) of 45.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.2% | +42.5% | +27.5% |
| 2022 | +80.4% | +94.8% | +18.3% |
| 2021 | +113.1% | +136.0% | +34.1% |
| 2020 | +3.0% | -6.9% | +39.6% |
| 2019 | +19.8% | +42.1% | +24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Mount Jubilee Ministriesincorporated with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mount Jubilee Ministriesincorporated allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $79K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Mount Jubilee Ministries reports 0% officer compensation across all six years of filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization of its growing size (latest revenue $783,605).
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 Mount Jubilee Ministriesincorporated's IRS 990 filings:
- Significant increase in liabilities from $0 to $338,000 in five years without clear explanation in provided data.
- No reported officer compensation for an organization with growing revenue, which could indicate alternative compensation structures or a highly unusual volunteer model that warrants further inquiry.
Strengths
The following positive indicators were identified for Mount Jubilee Ministriesincorporated:
- Consistent and strong revenue growth, from $119,511 in 2018 to $783,605 in 2023.
- Consistent operational surpluses, indicating sound financial management and ability to build reserves or reinvest.
- Zero reported officer compensation, suggesting high efficiency and dedication of resources to mission.
- Significant asset growth, from $112,765 in 2018 to $396,533 in 2023, indicating increasing organizational capacity.
Frequently Asked Questions about Mount Jubilee Ministriesincorporated
Is Mount Jubilee Ministriesincorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Jubilee Ministriesincorporated (EIN: 208089837) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Mount Jubilee Ministriesincorporated spend its money?
Mount Jubilee Ministriesincorporated directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Jubilee Ministriesincorporated tax-deductible?
Mount Jubilee Ministriesincorporated is registered as a tax-exempt nonprofit (EIN: 208089837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mount Jubilee Ministriesincorporated CEO make?
Mount Jubilee Ministriesincorporated's highest-compensated officer earns $783,605 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mount Jubilee Ministriesincorporated's spending goes to programs?
Mount Jubilee Ministriesincorporated directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mount Jubilee Ministriesincorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mount Jubilee Ministriesincorporated is above average for NTEE category N20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mount Jubilee Ministriesincorporated located?
Mount Jubilee Ministriesincorporated is headquartered in Reidsville, North Carolina and files with the IRS under EIN 208089837. It is classified under NTEE code N20.
How many years of IRS 990 filings does Mount Jubilee Ministriesincorporated have?
Mount Jubilee Ministriesincorporated has 6 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 $1.7M in total revenue.
How does Mount Jubilee Ministries manage to operate without any reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation, suggesting a volunteer-led executive team or that compensation is structured in a way not reported in this category. This is a significant factor in their financial efficiency.
What is the nature of the increasing liabilities, which grew from $0 in 2019 to $338,000 in 2023?
The increase in liabilities, particularly the jump to $338,000 in 2023, should be investigated to understand if it relates to program expansion, asset acquisition, or other operational needs. While assets have also grown significantly, the nature of these liabilities is important for a complete financial picture.
What specific programs does Mount Jubilee Ministries fund with its growing revenue?
While the NTEE code N20 indicates 'Recreational, Sports, Leisure, & Athletics, General,' the provided data does not detail specific program expenditures. Understanding how the consistent surpluses and growing revenue are allocated to programs would provide deeper insight into their impact.
Filing History
IRS 990 filing history for Mount Jubilee Ministriesincorporated showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Mount Jubilee Ministriesincorporated's revenue has grown by 555.7%, moving from $120K to $784K. Total assets increased by 251.6% over the same period, from $113K to $397K. Total functional expenses rose by 766.5%, from $81K to $705K. In its most recent filing year (2023), Mount Jubilee Ministriesincorporated reported a surplus of $79K, with revenue exceeding expenses. The organization holds $338 in liabilities against $397K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $396K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $784K | $705K | $397K | $338 | — | — |
| 2022 | $567K | $495K | $311K | $262 | — | View 990 |
| 2021 | $314K | $254K | $263K | $3K | — | View 990 |
| 2020 | $147K | $108K | $196K | $2K | — | — |
| 2019 | $143K | $116K | $140K | $0 | — | View 990 |
| 2018 | $120K | $81K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $784K, expenses of $705K, and assets of $397K (revenue +38.2% year-over-year).
- 2022: Revenue of $567K, expenses of $495K, and assets of $311K (revenue +80.4% year-over-year).
- 2021: Revenue of $314K, expenses of $254K, and assets of $263K (revenue +113.1% year-over-year).
- 2020: Revenue of $147K, expenses of $108K, and assets of $196K (revenue +3.0% year-over-year).
- 2019: Revenue of $143K, expenses of $116K, and assets of $140K (revenue +19.8% year-over-year).
- 2018: Revenue of $120K, expenses of $81K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Jubilee Ministriesincorporated:
Data Sources and Methodology
This transparency report for Mount Jubilee Ministriesincorporated 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.