Mustard Seed Ministry Inc
Mustard Seed Ministry Inc maintains robust assets and minimal expenses, indicating strong financial stewardship.
EIN: 205149710 · Surprise, AZ · NTEE: L41 · Updated: 2026-03-28
Is Mustard Seed Ministry Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mustard Seed Ministry Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mustard Seed Ministry Inc
Mustard Seed Ministry Inc (EIN: 205149710) is a nonprofit organization based in Surprise, AZ, classified under NTEE code L41. The organization reported total revenue of $193K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mustard Seed Ministry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mustard Seed Ministry Inc is a small nonprofit that has been operating for 7 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $16K |
| Surplus / Deficit | +$193K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 92.2% |
| Months of Reserves | 1081.2 months |
Financial Health Grade: A
In 2023, Mustard Seed Ministry Inc reported a surplus of $193K with revenue exceeding expenses, holds 1081.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mustard Seed Ministry Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.1% | -21.5% | +6.5% |
| 2022 | +129.0% | +14.9% | -0.7% |
| 2021 | +148.8% | +14.3% | +44.8% |
| 2020 | -1.7% | +52.3% | +3.0% |
| 2019 | +22.9% | -18.5% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Mustard Seed Ministry Inc with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Mustard Seed Ministry Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $193K, with revenue exceeding expenses.
Executive Compensation Analysis
Mustard Seed Ministry Inc reports 0% officer compensation across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and maximizes resources available for its mission.
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 Mustard Seed Ministry Inc:
- Extremely low expense ratio relative to revenue (e.g., $16,336 expenses vs. $208,904 revenue in 2023).
- Consistent growth in assets over the past decade, reaching $1,471,827 in 2023.
- No reported officer compensation across all filings, indicating volunteer leadership and high efficiency.
- Minimal to no liabilities reported in most recent years, reflecting a strong balance sheet.
- High percentage of funds retained or directly applied to programs due to low overhead.
Frequently Asked Questions about Mustard Seed Ministry Inc
Is Mustard Seed Ministry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mustard Seed Ministry Inc (EIN: 205149710) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Mustard Seed Ministry Inc spend its money?
Mustard Seed Ministry Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mustard Seed Ministry Inc tax-deductible?
Mustard Seed Ministry Inc is registered as a tax-exempt nonprofit (EIN: 205149710). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mustard Seed Ministry Inc a good charity?
Based on the provided financial data, Mustard Seed Ministry Inc appears to be a very good charity. It demonstrates exceptional financial health with growing assets, extremely low expenses relative to revenue, and no reported officer compensation, suggesting high efficiency and a strong commitment to its mission.
How does Mustard Seed Ministry Inc manage its expenses?
Mustard Seed Ministry Inc manages its expenses exceptionally well, consistently keeping them at a very low percentage of its revenue. For example, in 2023, expenses were only $16,336 against $208,904 in revenue, indicating a highly efficient operation.
What is the trend in Mustard Seed Ministry Inc's assets?
Mustard Seed Ministry Inc shows a strong upward trend in assets, growing from $592,633 in 2014 to $1,471,827 in 2023, indicating effective asset accumulation and financial growth.
Filing History
IRS 990 filing history for Mustard Seed Ministry Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mustard Seed Ministry Inc's revenue has grown by 998%, moving from $19K to $209K. Total assets increased by 22857.8% over the same period, from $6K to $1.5M. Total functional expenses fell by 60.2%, from $41K to $16K. In its most recent filing year (2023), Mustard Seed Ministry Inc reported a surplus of $193K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $16K | $1.5M | $0 | — | — |
| 2022 | $249K | $21K | $1.4M | $103K | — | View 990 |
| 2021 | $109K | $18K | $1.4M | $340K | — | View 990 |
| 2020 | $44K | $16K | $961K | $0 | — | View 990 |
| 2019 | $44K | $10K | $933K | $1 | — | View 990 |
| 2018 | $36K | $13K | $899K | $0 | — | View 990 |
| 2017 | $112K | $8K | $875K | $0 | — | View 990 |
| 2016 | $133K | $11K | $771K | $0 | — | — |
| 2015 | $68K | $11K | $649K | $0 | — | — |
| 2014 | $313K | $14K | $593K | $0 | — | — |
| 2013 | $792K | $782K | $294K | $0 | — | View 990 |
| 2012 | $493K | $219K | $284K | $0 | — | View 990 |
| 2011 | $19K | $41K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $16K, and assets of $1.5M (revenue -16.1% year-over-year).
- 2022: Revenue of $249K, expenses of $21K, and assets of $1.4M (revenue +129.0% year-over-year).
- 2021: Revenue of $109K, expenses of $18K, and assets of $1.4M (revenue +148.8% year-over-year).
- 2020: Revenue of $44K, expenses of $16K, and assets of $961K (revenue -1.7% year-over-year).
- 2019: Revenue of $44K, expenses of $10K, and assets of $933K (revenue +22.9% year-over-year).
- 2018: Revenue of $36K, expenses of $13K, and assets of $899K (revenue -67.8% year-over-year).
- 2017: Revenue of $112K, expenses of $8K, and assets of $875K (revenue -15.4% year-over-year).
- 2016: Revenue of $133K, expenses of $11K, and assets of $771K (revenue +95.0% year-over-year).
- 2015: Revenue of $68K, expenses of $11K, and assets of $649K (revenue -78.2% year-over-year).
- 2014: Revenue of $313K, expenses of $14K, and assets of $593K (revenue -60.5% year-over-year).
- 2013: Revenue of $792K, expenses of $782K, and assets of $294K (revenue +60.8% year-over-year).
- 2012: Revenue of $493K, expenses of $219K, and assets of $284K (revenue +2490.7% year-over-year).
- 2011: Revenue of $19K, expenses of $41K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mustard Seed Ministry Inc:
Data Sources and Methodology
This transparency report for Mustard Seed Ministry 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.