Rose Of Sharon Faith Ministries
Rose Of Sharon Faith Ministries shows substantial revenue growth with minimal reported assets and no officer compensation.
EIN: 204723359 · Las Vegas, NV · NTEE: X30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $743K |
| Total Expenses | $652K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $0 |
| Transparency Score | 70/100 |
Is Rose Of Sharon Faith Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rose Of Sharon Faith Ministries directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rose Of Sharon Faith Ministries
Rose Of Sharon Faith Ministries (EIN: 204723359) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code X30. The organization reported total revenue of $743K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rose Of Sharon Faith Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rose Of Sharon Faith Ministries is a small nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2008–2021). Revenue has grown at a compound annual rate of 20.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $937K |
| Total Expenses | $652K |
| Surplus / Deficit | +$285K |
| Total Assets | $1K |
| Total Liabilities | $1K |
| Net Assets | $0 |
| Operating Margin | 30.4% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2021, Rose Of Sharon Faith Ministries reported a surplus of $285K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 8 years of filings (2008–2021), Rose Of Sharon Faith Ministries's revenue has grown at a compound annual growth rate (CAGR) of 20.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -11.4% | -14.7% | +0.0% |
| 2020 | +5844.6% | +4192.0% | +99900.0% |
| 2014 | +4.9% | +4.8% | +0.0% |
| 2013 | +2.3% | +2.5% | +0.0% |
| 2012 | -80.7% | -80.1% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2007 |
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 Rose Of Sharon Faith Ministries with a Mission Score of 70 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Rose Of Sharon Faith Ministries allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $285K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either a fully volunteer-led executive team or that compensation is not being reported under the 'officer compensation' line item, which would be unusual for an organization with nearly $1 million in annual revenue.
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 Rose Of Sharon Faith Ministries's IRS 990 filings:
- Consistently minimal reported assets ($1,000 or less) despite substantial revenue growth (e.g., $936,664 in 2021), which is unusual.
- 0% reported officer compensation across all filings, which could indicate a lack of transparency if compensation is being paid but not reported under this specific line item.
Strengths
The following positive indicators were identified for Rose Of Sharon Faith Ministries:
- Consistent filing of IRS Form 990s, indicating compliance and transparency in reporting.
- Revenue generally exceeds expenses in recent periods (e.g., $936,664 revenue vs. $652,058 expenses in 2021), suggesting operational sustainability.
- Significant growth in revenue from 2014 ($17,792) to 2021 ($936,664), indicating increased support or activity.
Frequently Asked Questions about Rose Of Sharon Faith Ministries
Is Rose Of Sharon Faith Ministries a legitimate charity?
Rose Of Sharon Faith Ministries (EIN: 204723359) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 70/100. It has 8 years of IRS 990 filings on record. Total revenue: $743K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Rose Of Sharon Faith Ministries spend its money?
Rose Of Sharon Faith Ministries directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rose Of Sharon Faith Ministries tax-deductible?
Rose Of Sharon Faith Ministries is registered as a tax-exempt nonprofit (EIN: 204723359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rose Of Sharon Faith Ministries CEO make?
Rose Of Sharon Faith Ministries's highest-compensated officer earns $1 annually. The organization reported $743K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rose Of Sharon Faith Ministries's spending goes to programs?
Rose Of Sharon Faith Ministries directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rose Of Sharon Faith Ministries compare to similar nonprofits?
With a transparency score of 70/100 (Good), Rose Of Sharon Faith Ministries is above average for NTEE category X30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rose Of Sharon Faith Ministries located?
Rose Of Sharon Faith Ministries is headquartered in Las Vegas, Nevada and files with the IRS under EIN 204723359. It is classified under NTEE code X30.
How many years of IRS 990 filings does Rose Of Sharon Faith Ministries have?
Rose Of Sharon Faith Ministries has 8 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 $743K in total revenue.
Why are assets consistently reported as minimal ($1,000 or less) despite significant annual revenues (e.g., $936,664 in 2021)?
This could indicate a pass-through funding model where funds are quickly disbursed, or it might suggest that certain assets are not being fully reported on the public Form 990 summary.
How does the organization manage to operate with 0% reported officer compensation, especially with its recent growth in revenue?
This could mean the organization is entirely run by volunteers at the executive level, or that executive compensation is categorized under other expense lines, which would affect the transparency of compensation practices.
What is the detailed breakdown of expenses (program, administrative, fundraising) for recent periods?
The provided data does not offer a detailed breakdown, making it difficult to precisely assess spending efficiency and program focus. Further investigation into the full 990 forms would be necessary.
What is the nature of the organization's liabilities, consistently reported at $1,000 or less?
Minimal liabilities suggest a strong financial position in terms of debt, but also align with the minimal asset reporting, potentially indicating a lean operational model or specific accounting practices.
Filing History
IRS 990 filing history for Rose Of Sharon Faith Ministries showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2008–2021), Rose Of Sharon Faith Ministries's revenue has grown by 970.7%, moving from $87K to $937K. Total assets decreased by 86.8% over the same period, from $8K to $1K. Total functional expenses rose by 726.6%, from $79K to $652K. In its most recent filing year (2021), Rose Of Sharon Faith Ministries reported a surplus of $285K, with revenue exceeding expenses. The organization holds $1K in liabilities against $1K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $937K | $652K | $1K | $1K | — | View 990 |
| 2020 | $1.1M | $764K | $1K | $1K | — | View 990 |
| 2014 | $18K | $18K | $1 | $0 | — | View 990 |
| 2013 | $17K | $17K | $1 | $0 | — | View 990 |
| 2012 | $17K | $17K | $1 | $0 | — | View 990 |
| 2010 | $86K | $83K | $3K | $0 | — | View 990 |
| 2009 | $91K | $84K | $7K | $0 | — | View 990 |
| 2008 | $87K | $79K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $937K, expenses of $652K, and assets of $1K (revenue -11.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $764K, and assets of $1K (revenue +5844.6% year-over-year).
- 2014: Revenue of $18K, expenses of $18K, and assets of $1 (revenue +4.9% year-over-year).
- 2013: Revenue of $17K, expenses of $17K, and assets of $1 (revenue +2.3% year-over-year).
- 2012: Revenue of $17K, expenses of $17K, and assets of $1 (revenue -80.7% year-over-year).
- 2010: Revenue of $86K, expenses of $83K, and assets of $3K (revenue -5.5% year-over-year).
- 2009: Revenue of $91K, expenses of $84K, and assets of $7K (revenue +3.9% year-over-year).
- 2008: Revenue of $87K, expenses of $79K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rose Of Sharon Faith Ministries:
Data Sources and Methodology
This transparency report for Rose Of Sharon Faith 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.