Reclaiming The Mind Ministries
Reclaiming The Mind Ministries reports $0 revenue and assets in its latest filing, indicating a potential cessation of operations or severe financial distress.
EIN: 204431627 · Edmond, OK · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $312K |
| Net Assets | $45K |
| Transparency Score | 10/100 |
Is Reclaiming The Mind Ministries Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reclaiming The Mind Ministries
Reclaiming The Mind Ministries (EIN: 204431627) is a nonprofit organization based in Edmond, OK. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reclaiming The Mind Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reclaiming The Mind Ministries is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -9.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $286K |
| Total Expenses | $312K |
| Surplus / Deficit | $-26,415 |
| Total Assets | $61K |
| Total Liabilities | $16K |
| Net Assets | $45K |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 26.3% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2015, Reclaiming The Mind Ministries reported a deficit of $26K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 26.3% (moderate leverage).
Financial Trends
Over 5 years of filings (2011–2015), Reclaiming The Mind Ministries's revenue has declined at a compound annual growth rate (CAGR) of -9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -32.5% | -36.1% | -31.3% |
| 2014 | -29.8% | -9.0% | -43.9% |
| 2013 | +34.9% | +22.3% | +86.6% |
| 2012 | +5.2% | +11.7% | +16.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reclaiming The Mind Ministries with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Reclaiming The Mind Ministries allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.3%.
Executive Compensation Analysis
Officer compensation was consistently reported as 0% across all available filings from 2011 to 2015, suggesting that leadership may have been volunteer-based or compensated through other means not captured in this summary. This is unusual for an organization with historical revenues in the hundreds of thousands.
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 Reclaiming The Mind Ministries's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating severe financial distress or inactivity.
- Inconsistent financial performance with periods of expenses exceeding revenue (e.g., 2015 and 2014).
- Lack of detailed financial breakdown for program, administrative, and fundraising expenses in the provided summary data.
- Unexplained sudden cessation of reported financial activity after 2015.
Strengths
The following positive indicators were identified for Reclaiming The Mind Ministries:
- Historically reported 0% officer compensation, suggesting a potential commitment to minimizing overhead in leadership.
Frequently Asked Questions about Reclaiming The Mind Ministries
Is Reclaiming The Mind Ministries a legitimate charity?
Reclaiming The Mind Ministries (EIN: 204431627) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 10/100. It has 5 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: C.
How does Reclaiming The Mind Ministries spend its money?
Reclaiming The Mind Ministries reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Reclaiming The Mind Ministries tax-deductible?
Reclaiming The Mind Ministries is registered as a tax-exempt nonprofit (EIN: 204431627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reclaiming The Mind Ministries located?
Reclaiming The Mind Ministries is headquartered in Edmond, Oklahoma and files with the IRS under EIN 204431627.
How many years of IRS 990 filings does Reclaiming The Mind Ministries have?
Reclaiming The Mind Ministries has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Reclaiming The Mind Ministries still operational?
Based on the latest reported revenue and assets of $0, it is highly questionable whether Reclaiming The Mind Ministries is still actively operational. Further investigation into their current status would be necessary.
What caused the sudden decline to $0 revenue and assets?
The provided IRS 990 data does not specify the reason for the drastic decline to $0 revenue and assets. This could be due to a cessation of activities, a merger, or a failure to file complete information.
How did the organization manage expenses when revenue was lower?
In periods like 2015 and 2014, when expenses ($312,040 and $488,384 respectively) exceeded revenue ($285,625 and $423,326 respectively), the organization likely drew down on its assets or incurred liabilities to cover the deficit. For example, in 2015, assets decreased from $88,363 to $60,736, and liabilities increased from $17,209 to $15,997 (though liabilities decreased slightly, the asset draw down is more significant).
Filing History
IRS 990 filing history for Reclaiming The Mind Ministries showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Reclaiming The Mind Ministries's revenue has declined by 32.8%, moving from $425K to $286K. Total assets decreased by 16.2% over the same period, from $72K to $61K. Total functional expenses fell by 20.5%, from $393K to $312K. In its most recent filing year (2015), Reclaiming The Mind Ministries reported a deficit of $26K, with expenses exceeding revenue. The organization holds $16K in liabilities against $61K in assets (debt-to-asset ratio: 26.3%), resulting in net assets of $45K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $286K | $312K | $61K | $16K | — | View 990 |
| 2014 | $423K | $488K | $88K | $17K | — | View 990 |
| 2013 | $603K | $537K | $158K | $21K | — | View 990 |
| 2012 | $447K | $439K | $84K | $0 | — | View 990 |
| 2011 | $425K | $393K | $72K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $286K, expenses of $312K, and assets of $61K (revenue -32.5% year-over-year).
- 2014: Revenue of $423K, expenses of $488K, and assets of $88K (revenue -29.8% year-over-year).
- 2013: Revenue of $603K, expenses of $537K, and assets of $158K (revenue +34.9% year-over-year).
- 2012: Revenue of $447K, expenses of $439K, and assets of $84K (revenue +5.2% year-over-year).
- 2011: Revenue of $425K, expenses of $393K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reclaiming The Mind Ministries:
Data Sources and Methodology
This transparency report for Reclaiming The Mind Ministries 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.