Rick Bennett Ministries Incorporated
Rick Bennett Ministries Incorporated frequently operates at a deficit, with expenses exceeding revenue in multiple recent years.
EIN: 202430149 · Chandler, AZ · NTEE: X212 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $88K |
| Program Spending | 80% |
| Net Assets | $14K |
| Transparency Score | 65/100 |
Is Rick Bennett Ministries Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rick Bennett Ministries Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rick Bennett Ministries Incorporated
Rick Bennett Ministries Incorporated (EIN: 202430149) is a nonprofit organization based in Chandler, AZ, classified under NTEE code X212. The organization reported total revenue of $83K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rick Bennett Ministries Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rick Bennett Ministries Incorporated is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $88K |
| Surplus / Deficit | $-17,906 |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | -25.5% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Rick Bennett Ministries Incorporated reported a deficit of $18K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Rick Bennett Ministries Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.8% | -13.0% | -55.7% |
| 2022 | -6.2% | -5.5% | +10.8% |
| 2021 | -8.5% | +20.0% | +14.7% |
| 2020 | +36.3% | -2.4% | +202.8% |
| 2019 | -17.9% | -11.3% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2006 |
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 Rick Bennett Ministries Incorporated with a Mission Score of 65 out of 100 (Good). 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, Rick Bennett Ministries Incorporated 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives, which is highly favorable for donor perception.
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 Rick Bennett Ministries Incorporated's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in 2023, 2022, 2019, 2018, 2017, 2016, 2015, and 2014.
- Significant decline in assets from $32,120 in 2022 to $14,214 in 2023.
Strengths
The following positive indicators were identified for Rick Bennett Ministries Incorporated:
- Consistently reports 0% officer compensation, indicating no executive salaries.
- No reported liabilities in the most recent three fiscal periods (2023, 2022, 2021).
Frequently Asked Questions about Rick Bennett Ministries Incorporated
Is Rick Bennett Ministries Incorporated a legitimate charity?
Rick Bennett Ministries Incorporated (EIN: 202430149) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $83K. 2 red flags identified. 2 strengths noted. Financial health grade: C.
How does Rick Bennett Ministries Incorporated spend its money?
Rick Bennett Ministries Incorporated directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rick Bennett Ministries Incorporated tax-deductible?
Rick Bennett Ministries Incorporated is registered as a tax-exempt nonprofit (EIN: 202430149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rick Bennett Ministries Incorporated's spending goes to programs?
Rick Bennett Ministries Incorporated directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rick Bennett Ministries Incorporated compare to similar nonprofits?
With a transparency score of 65/100 (Good), Rick Bennett Ministries Incorporated is above average for NTEE category X212 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rick Bennett Ministries Incorporated located?
Rick Bennett Ministries Incorporated is headquartered in Chandler, Arizona and files with the IRS under EIN 202430149. It is classified under NTEE code X212.
How many years of IRS 990 filings does Rick Bennett Ministries Incorporated have?
Rick Bennett Ministries Incorporated has 13 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 $83K in total revenue.
Is Rick Bennett Ministries Incorporated financially stable?
The organization's financial stability is questionable, as expenses have exceeded revenue in several recent years, including 2023 ($88,084 expenses vs. $70,178 revenue). This pattern of operating deficits suggests a need for improved financial management or increased income.
Does Rick Bennett Ministries Incorporated pay its officers?
No, the IRS 990 filings consistently show 0% officer compensation, indicating that no salaries or benefits are paid to the organization's officers.
What is the trend in the organization's assets?
Assets have fluctuated, showing growth from $2,780 in 2015 to a peak of $32,120 in 2022, but then declined significantly to $14,214 in 2023. This recent decline warrants further investigation.
Filing History
IRS 990 filing history for Rick Bennett Ministries Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rick Bennett Ministries Incorporated's revenue has grown by 72.3%, moving from $41K to $70K. Total functional expenses rose by 101.8%, from $44K to $88K. In its most recent filing year (2023), Rick Bennett Ministries Incorporated reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $88K | $14K | $0 | — | View 990 |
| 2022 | $104K | $101K | $32K | $0 | — | View 990 |
| 2021 | $111K | $107K | $29K | $0 | — | — |
| 2020 | $122K | $89K | $25K | $365 | — | — |
| 2019 | $89K | $92K | $8K | $16K | — | View 990 |
| 2018 | $109K | $103K | $9K | $14K | — | View 990 |
| 2017 | $87K | $84K | $7K | $18K | — | View 990 |
| 2016 | $90K | $87K | $6K | $19K | — | View 990 |
| 2015 | $84K | $86K | $3K | $-21,154 | — | View 990 |
| 2014 | $77K | $81K | $4K | $20K | — | View 990 |
| 2013 | $74K | $75K | $2K | $14K | — | View 990 |
| 2012 | $66K | $66K | $2K | $13K | — | View 990 |
| 2011 | $41K | $44K | $-713 | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70K, expenses of $88K, and assets of $14K (revenue -32.8% year-over-year).
- 2022: Revenue of $104K, expenses of $101K, and assets of $32K (revenue -6.2% year-over-year).
- 2021: Revenue of $111K, expenses of $107K, and assets of $29K (revenue -8.5% year-over-year).
- 2020: Revenue of $122K, expenses of $89K, and assets of $25K (revenue +36.3% year-over-year).
- 2019: Revenue of $89K, expenses of $92K, and assets of $8K (revenue -17.9% year-over-year).
- 2018: Revenue of $109K, expenses of $103K, and assets of $9K (revenue +25.5% year-over-year).
- 2017: Revenue of $87K, expenses of $84K, and assets of $7K (revenue -3.6% year-over-year).
- 2016: Revenue of $90K, expenses of $87K, and assets of $6K (revenue +7.5% year-over-year).
- 2015: Revenue of $84K, expenses of $86K, and assets of $3K (revenue +8.2% year-over-year).
- 2014: Revenue of $77K, expenses of $81K, and assets of $4K (revenue +4.5% year-over-year).
- 2013: Revenue of $74K, expenses of $75K, and assets of $2K (revenue +12.1% year-over-year).
- 2012: Revenue of $66K, expenses of $66K, and assets of $2K (revenue +62.0% year-over-year).
- 2011: Revenue of $41K, expenses of $44K, and assets of $-713.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rick Bennett Ministries Incorporated:
Data Sources and Methodology
This transparency report for Rick Bennett Ministries Incorporated 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.