New Wineskins Ministries Inc
New Wineskins Ministries Inc consistently operates with no executive compensation and positive net income in recent years.
EIN: 208054961 · Fort Smith, AR · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $171K |
| Total Expenses | $140K |
| Program Spending | 90% |
| Net Assets | $48K |
| Transparency Score | 85/100 |
Is New Wineskins Ministries Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Wineskins Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Wineskins Ministries Inc
New Wineskins Ministries Inc (EIN: 208054961) is a nonprofit organization based in Fort Smith, AR, classified under NTEE code X20. The organization reported total revenue of $171K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Wineskins Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Wineskins Ministries Inc is a small nonprofit that has been operating for 16 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $140K |
| Surplus / Deficit | +$31K |
| Total Assets | $48K |
| Net Assets | $48K |
| Operating Margin | 18.1% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, New Wineskins Ministries Inc reported a surplus of $31K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate).
Financial Trends
Over 4 years of filings (2020–2023), New Wineskins Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.5% | -6.2% | +231.9% |
| 2022 | +19.3% | +30.2% | -50.6% |
| 2021 | -10.7% | +12.9% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2010 |
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 New Wineskins Ministries Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, New Wineskins Ministries Inc 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 $31K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-reportable means, which is highly unusual for an organization of its size and suggests a strong commitment to directing funds towards 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 New Wineskins Ministries Inc:
- Zero reported officer compensation, indicating high efficiency and dedication to mission.
- Consistent positive net income in recent years ($30,846 in 2023), demonstrating financial health.
- Zero reported liabilities across all filings, indicating strong financial management and low risk.
- Growing asset base from $14,597 in 2022 to $48,443 in 2023, building reserves.
- Consistent IRS 990 filings, demonstrating transparency.
Frequently Asked Questions about New Wineskins Ministries Inc
Is New Wineskins Ministries Inc a legitimate charity?
New Wineskins Ministries Inc (EIN: 208054961) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 85/100. It has 4 years of IRS 990 filings on record. Total revenue: $171K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does New Wineskins Ministries Inc spend its money?
New Wineskins Ministries Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to New Wineskins Ministries Inc tax-deductible?
New Wineskins Ministries Inc is registered as a tax-exempt nonprofit (EIN: 208054961). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Wineskins Ministries Inc's spending goes to programs?
New Wineskins Ministries Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Wineskins Ministries Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Wineskins Ministries Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Wineskins Ministries Inc located?
New Wineskins Ministries Inc is headquartered in Fort Smith, Arkansas and files with the IRS under EIN 208054961. It is classified under NTEE code X20.
How many years of IRS 990 filings does New Wineskins Ministries Inc have?
New Wineskins Ministries Inc has 4 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 $171K in total revenue.
Is New Wineskins Ministries Inc a good charity?
Based on the available data, New Wineskins Ministries Inc appears to be a good charity. It consistently operates with no reported officer compensation, maintains low liabilities, and has shown positive net income in most recent years, indicating efficient use of funds and a strong program focus.
How has New Wineskins Ministries Inc's revenue trended?
New Wineskins Ministries Inc's revenue has shown a positive trend, increasing from $114,811 in 2021 to $170,552 in 2023, indicating growing support for its mission.
What is the organization's financial stability?
The organization demonstrates good financial stability with zero reported liabilities across all filings and a growing asset base, from $14,597 in 2022 to $48,443 in 2023, suggesting a healthy financial position.
Filing History
IRS 990 filing history for New Wineskins Ministries Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), New Wineskins Ministries Inc's revenue has grown by 32.7%, moving from $129K to $171K. Total assets increased by 66.4% over the same period, from $29K to $48K. Total functional expenses rose by 37.9%, from $101K to $140K. In its most recent filing year (2023), New Wineskins Ministries Inc reported a surplus of $31K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $140K | $48K | $0 | — | View 990 |
| 2022 | $137K | $149K | $15K | $0 | — | View 990 |
| 2021 | $115K | $114K | $30K | $0 | — | View 990 |
| 2020 | $129K | $101K | $29K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $140K, and assets of $48K (revenue +24.5% year-over-year).
- 2022: Revenue of $137K, expenses of $149K, and assets of $15K (revenue +19.3% year-over-year).
- 2021: Revenue of $115K, expenses of $114K, and assets of $30K (revenue -10.7% year-over-year).
- 2020: Revenue of $129K, expenses of $101K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Wineskins Ministries Inc:
Data Sources and Methodology
This transparency report for New Wineskins 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.