Regency Ministries International Inc
EIN: 331123522 · Oklahoma City, OK · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $80K |
| Total Expenses | $81K |
| Net Assets | $9K |
Is Regency Ministries International Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Regency Ministries International Inc
Regency Ministries International Inc (EIN: 331123522) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code X20. The organization reported total revenue of $80K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regency Ministries International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regency Ministries International Inc is a micro nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $81K |
| Surplus / Deficit | $-273 |
| Total Assets | $14K |
| Total Liabilities | $5K |
| Net Assets | $9K |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 34.9% |
| Months of Reserves | 2.1 months |
Financial Health Grade: C
In 2020, Regency Ministries International Inc reported a deficit of $273 with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 34.9% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2020), Regency Ministries International Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -21.5% | -21.4% | -5.8% |
| 2019 | +28.2% | +35.7% | +6.3% |
| 2018 | -32.8% | -38.5% | +82.5% |
| 2017 | +38.8% | +45.4% | -36.0% |
| 2016 | +1.7% | +8.0% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Regency Ministries International Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Regency Ministries International Inc with a Mission Score of 0 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.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $273, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.9%.
Frequently Asked Questions about Regency Ministries International Inc
Is Regency Ministries International Inc a legitimate charity?
Regency Ministries International Inc (EIN: 331123522) is a registered tax-exempt nonprofit based in Oklahoma. It has 9 years of IRS 990 filings on record. Total revenue: $80K. No red flags identified. Financial health grade: C.
How does Regency Ministries International Inc spend its money?
Regency Ministries International Inc reported $80K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Regency Ministries International Inc tax-deductible?
Regency Ministries International Inc is registered as a tax-exempt nonprofit (EIN: 331123522). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Regency Ministries International Inc located?
Regency Ministries International Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 331123522. It is classified under NTEE code X20.
How many years of IRS 990 filings does Regency Ministries International Inc have?
Regency Ministries International Inc has 9 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 $80K in total revenue.
Filing History
IRS 990 filing history for Regency Ministries International Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2020), Regency Ministries International Inc's revenue has declined by 42.9%, moving from $140K to $80K. Total assets decreased by 44.3% over the same period, from $25K to $14K. Total functional expenses fell by 39.2%, from $133K to $81K. In its most recent filing year (2020), Regency Ministries International Inc reported a deficit of $273, with expenses exceeding revenue. The organization holds $5K in liabilities against $14K in assets (debt-to-asset ratio: 34.9%), resulting in net assets of $9K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $80K | $81K | $14K | $5K | — | — |
| 2019 | $102K | $102K | $15K | $5K | — | View 990 |
| 2018 | $80K | $75K | $14K | $4K | — | View 990 |
| 2017 | $119K | $123K | $8K | $2K | — | View 990 |
| 2016 | $86K | $84K | $12K | $3K | — | View 990 |
| 2015 | $84K | $78K | $11K | $3K | — | View 990 |
| 2014 | $109K | $122K | $5K | $3K | — | View 990 |
| 2012 | $98K | $104K | $19K | $3K | — | View 990 |
| 2011 | $140K | $133K | $25K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $80K, expenses of $81K, and assets of $14K (revenue -21.5% year-over-year).
- 2019: Revenue of $102K, expenses of $102K, and assets of $15K (revenue +28.2% year-over-year).
- 2018: Revenue of $80K, expenses of $75K, and assets of $14K (revenue -32.8% year-over-year).
- 2017: Revenue of $119K, expenses of $123K, and assets of $8K (revenue +38.8% year-over-year).
- 2016: Revenue of $86K, expenses of $84K, and assets of $12K (revenue +1.7% year-over-year).
- 2015: Revenue of $84K, expenses of $78K, and assets of $11K (revenue -22.8% year-over-year).
- 2014: Revenue of $109K, expenses of $122K, and assets of $5K (revenue +10.8% year-over-year).
- 2012: Revenue of $98K, expenses of $104K, and assets of $19K (revenue -30.0% year-over-year).
- 2011: Revenue of $140K, expenses of $133K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regency Ministries International Inc:
Data Sources and Methodology
This transparency report for Regency Ministries International 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.