Rock Ministries Of Philadelphia Inc
Rock Ministries Of Philadelphia Inc shows consistent growth and zero officer compensation over a decade.
EIN: 200471983 · Philadelphia, PA · NTEE: I21 · Updated: 2026-03-28
Is Rock Ministries Of Philadelphia Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rock Ministries Of Philadelphia Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rock Ministries Of Philadelphia Inc
Rock Ministries Of Philadelphia Inc (EIN: 200471983) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code I21. The organization reported total revenue of $1.4M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rock Ministries Of Philadelphia Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rock Ministries Of Philadelphia Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $902K |
| Total Expenses | $637K |
| Surplus / Deficit | +$265K |
| Total Assets | $2.2M |
| Total Liabilities | $129 |
| Net Assets | $2.2M |
| Operating Margin | 29.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 42.1 months |
Financial Health Grade: A
In 2023, Rock Ministries Of Philadelphia Inc reported a surplus of $265K with revenue exceeding expenses, holds 42.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rock Ministries Of Philadelphia Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.8% | +4.8% | +11.6% |
| 2022 | +95.6% | +16.3% | +41.1% |
| 2021 | +22.5% | +13.6% | +2.0% |
| 2020 | -12.8% | -2.9% | +4.1% |
| 2019 | +0.8% | +25.5% | +21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Rock Ministries Of Philadelphia Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Rock Ministries Of Philadelphia Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $265K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size, with revenues exceeding $900,000 in 2023, and suggests a volunteer-led or externally funded leadership structure.
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 Rock Ministries Of Philadelphia Inc:
- Consistent and strong revenue growth, from $185,959 in 2014 to $901,525 in 2023.
- Significant asset growth, from $434,568 in 2014 to $2,234,596 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
- Healthy asset-to-liability ratio, demonstrating financial stability.
- Consistent positive net income (revenue exceeding expenses) in most recent years.
Frequently Asked Questions about Rock Ministries Of Philadelphia Inc
Is Rock Ministries Of Philadelphia Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rock Ministries Of Philadelphia Inc (EIN: 200471983) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Rock Ministries Of Philadelphia Inc spend its money?
Rock Ministries Of Philadelphia Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rock Ministries Of Philadelphia Inc tax-deductible?
Rock Ministries Of Philadelphia Inc is registered as a tax-exempt nonprofit (EIN: 200471983). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Rock Ministries Of Philadelphia Inc a good charity?
Based on the provided data, Rock Ministries Of Philadelphia Inc appears to be a very good charity. It demonstrates strong financial growth, excellent program focus (implied by 0% officer compensation), and a healthy asset-to-liability ratio. The consistent lack of officer compensation is a significant positive indicator of its commitment to its mission.
How has the organization's financial health changed over the past decade?
The organization's financial health has significantly improved over the past decade. Revenue grew from $185,959 in 2014 to $901,525 in 2023, and assets increased from $434,568 to $2,234,596 during the same period, indicating substantial growth and stability.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it means that no salaries are paid to the organization's officers. This suggests that leadership is either volunteer-based or compensated through other means, allowing a greater proportion of funds to be directed towards programs and operations.
Filing History
IRS 990 filing history for Rock Ministries Of Philadelphia Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rock Ministries Of Philadelphia Inc's revenue has grown by 338.1%, moving from $206K to $902K. Total assets increased by 442.7% over the same period, from $412K to $2.2M. Total functional expenses rose by 232.2%, from $192K to $637K. In its most recent filing year (2023), Rock Ministries Of Philadelphia Inc reported a surplus of $265K, with revenue exceeding expenses. The organization holds $129 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $902K | $637K | $2.2M | $129 | — | — |
| 2022 | $1.2M | $607K | $2.0M | $33K | — | View 990 |
| 2021 | $638K | $522K | $1.4M | $90K | — | View 990 |
| 2020 | $521K | $460K | $1.4M | $178K | — | View 990 |
| 2019 | $597K | $473K | $1.3M | $185K | — | View 990 |
| 2018 | $593K | $377K | $1.1M | $74K | — | View 990 |
| 2017 | $503K | $301K | $906K | $94K | — | View 990 |
| 2016 | $428K | $245K | $719K | $108K | — | View 990 |
| 2015 | $320K | $206K | $543K | $114K | — | View 990 |
| 2014 | $186K | $199K | $435K | $120K | — | View 990 |
| 2013 | $214K | $205K | $471K | $144K | — | View 990 |
| 2012 | $284K | $234K | $465K | $146K | — | View 990 |
| 2011 | $206K | $192K | $412K | $143K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $902K, expenses of $637K, and assets of $2.2M (revenue -27.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $607K, and assets of $2.0M (revenue +95.6% year-over-year).
- 2021: Revenue of $638K, expenses of $522K, and assets of $1.4M (revenue +22.5% year-over-year).
- 2020: Revenue of $521K, expenses of $460K, and assets of $1.4M (revenue -12.8% year-over-year).
- 2019: Revenue of $597K, expenses of $473K, and assets of $1.3M (revenue +0.8% year-over-year).
- 2018: Revenue of $593K, expenses of $377K, and assets of $1.1M (revenue +17.9% year-over-year).
- 2017: Revenue of $503K, expenses of $301K, and assets of $906K (revenue +17.6% year-over-year).
- 2016: Revenue of $428K, expenses of $245K, and assets of $719K (revenue +33.4% year-over-year).
- 2015: Revenue of $320K, expenses of $206K, and assets of $543K (revenue +72.3% year-over-year).
- 2014: Revenue of $186K, expenses of $199K, and assets of $435K (revenue -12.9% year-over-year).
- 2013: Revenue of $214K, expenses of $205K, and assets of $471K (revenue -24.9% year-over-year).
- 2012: Revenue of $284K, expenses of $234K, and assets of $465K (revenue +38.2% year-over-year).
- 2011: Revenue of $206K, expenses of $192K, and assets of $412K.
Data Sources and Methodology
This transparency report for Rock Ministries Of Philadelphia 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.