Rest Ministries Inc
Rest Ministries Inc. consistently maintains a strong asset base with generally efficient spending, though revenue has fluctuated.
EIN: 208088416 · Martinsville, IN · NTEE: X99 · Updated: 2026-03-28
Is Rest Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rest Ministries Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rest Ministries Inc
Rest Ministries Inc (EIN: 208088416) is a nonprofit organization based in Martinsville, IN, classified under NTEE code X99. The organization reported total revenue of $339K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rest Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rest 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Rest Ministries Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Rest Ministries Inc. consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for resource allocation to the mission given the organization's asset size of nearly $2 million.
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 Rest Ministries Inc's IRS 990 filings:
- NTEE code X99 (Unclassifiable) makes program assessment difficult without further detail
- Significant revenue and expense volatility in 201512 without clear explanation
- Periods of deficit spending (e.g., 202112, 201912) despite overall financial health
Strengths
The following positive indicators were identified for Rest Ministries Inc:
- Strong and consistent net asset position (e.g., $1,868,495 assets vs. $1,224,451 liabilities in 202312)
- No reported officer compensation, indicating high resource allocation to mission
- Generally efficient spending with expenses often below revenue in recent years
- Consistent filing of IRS 990s, demonstrating transparency
Frequently Asked Questions about Rest Ministries Inc
Is Rest Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rest Ministries Inc (EIN: 208088416) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Rest Ministries Inc spend its money?
Rest Ministries Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rest Ministries Inc tax-deductible?
Rest Ministries Inc is registered as a tax-exempt nonprofit (EIN: 208088416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant revenue and expense spike in 201512?
The 201512 filing shows an unusual surge in revenue to $1,583,321 and expenses to $994,974, which is substantially higher than any other year. Understanding the nature of this event (e.g., a large one-time donation, a specific project, or a change in reporting) is crucial for a complete financial picture.
How does Rest Ministries Inc. sustain its operations without reported officer compensation?
The consistent reporting of 0% officer compensation suggests a highly volunteer-driven model or that compensation is structured in a way that doesn't trigger individual officer reporting. Clarifying the operational structure and leadership compensation strategy would provide deeper insight into sustainability and resource allocation.
What specific programs does Rest Ministries Inc. operate given its NTEE code X99?
The NTEE code X99 (Unclassifiable) indicates a broad or unique mission. Understanding the specific programs and activities undertaken by Rest Ministries Inc. would help in assessing its impact and alignment with its stated purpose.
What is the organization's strategy for managing periods of deficit spending?
In years like 202112 and 201912, expenses exceeded revenue. While the organization has a strong asset base to absorb these, understanding the strategy for managing such periods and ensuring long-term financial stability is important.
Filing History
IRS 990 filing history for Rest Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rest Ministries Inc's revenue has grown by 103.1%, moving from $108K to $220K. Total assets increased by 6866.5% over the same period, from $27K to $1.9M. Total functional expenses rose by 63.6%, from $92K to $150K. In its most recent filing year (2023), Rest Ministries Inc reported a surplus of $70K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $1.9M in assets (debt-to-asset ratio: 65.5%), resulting in net assets of $644K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $220K | $150K | $1.9M | $1.2M | — | — |
| 2022 | $207K | $178K | $1.9M | $1.3M | — | View 990 |
| 2021 | $174K | $250K | $2.0M | $1.4M | — | — |
| 2020 | $189K | $154K | $2.1M | $1.5M | — | View 990 |
| 2019 | $153K | $270K | $2.1M | $1.5M | — | View 990 |
| 2018 | $231K | $295K | $2.2M | $1.5M | — | View 990 |
| 2017 | $362K | $313K | $2.3M | $1.6M | — | View 990 |
| 2016 | $328K | $307K | $2.0M | $1.3M | — | View 990 |
| 2015 | $1.6M | $995K | $1.9M | $1.3M | — | View 990 |
| 2014 | $192K | $187K | $25K | $3K | — | View 990 |
| 2013 | $182K | $175K | $18K | $0 | — | View 990 |
| 2012 | $140K | $152K | $11K | $0 | — | View 990 |
| 2011 | $108K | $92K | $27K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $220K, expenses of $150K, and assets of $1.9M (revenue +5.9% year-over-year).
- 2022: Revenue of $207K, expenses of $178K, and assets of $1.9M (revenue +19.0% year-over-year).
- 2021: Revenue of $174K, expenses of $250K, and assets of $2.0M (revenue -7.8% year-over-year).
- 2020: Revenue of $189K, expenses of $154K, and assets of $2.1M (revenue +23.7% year-over-year).
- 2019: Revenue of $153K, expenses of $270K, and assets of $2.1M (revenue -33.9% year-over-year).
- 2018: Revenue of $231K, expenses of $295K, and assets of $2.2M (revenue -36.2% year-over-year).
- 2017: Revenue of $362K, expenses of $313K, and assets of $2.3M (revenue +10.1% year-over-year).
- 2016: Revenue of $328K, expenses of $307K, and assets of $2.0M (revenue -79.3% year-over-year).
- 2015: Revenue of $1.6M, expenses of $995K, and assets of $1.9M (revenue +724.2% year-over-year).
- 2014: Revenue of $192K, expenses of $187K, and assets of $25K (revenue +5.7% year-over-year).
- 2013: Revenue of $182K, expenses of $175K, and assets of $18K (revenue +29.4% year-over-year).
- 2012: Revenue of $140K, expenses of $152K, and assets of $11K (revenue +30.0% year-over-year).
- 2011: Revenue of $108K, expenses of $92K, and assets of $27K.
Data Sources and Methodology
This transparency report for Rest 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.