Sbc Outreach And Worship Ministries
Sbc Outreach And Worship Ministries sees significant revenue and asset growth alongside a substantial increase in liabilities.
EIN: 10884971 · Baltimore, MD · NTEE: X99 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $93K |
| Program Spending | 80% |
| Net Assets | $322K |
| Transparency Score | 75/100 |
Is Sbc Outreach And Worship Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sbc Outreach And Worship Ministries directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sbc Outreach And Worship Ministries
Sbc Outreach And Worship Ministries (EIN: 10884971) is a nonprofit organization based in Baltimore, MD, classified under NTEE code X99. The organization reported total revenue of $311K and total assets of $656K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sbc Outreach And Worship Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sbc Outreach And Worship Ministries is a small nonprofit that has been operating for 18 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of 111.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $311K |
| Total Expenses | $93K |
| Surplus / Deficit | +$218K |
| Total Assets | $656K |
| Total Liabilities | $334K |
| Net Assets | $322K |
| Operating Margin | 70.2% |
| Debt-to-Asset Ratio | 50.9% |
| Months of Reserves | 85.0 months |
Financial Health Grade: A
In 2020, Sbc Outreach And Worship Ministries reported a surplus of $218K with revenue exceeding expenses, holds 85.0 months of operating reserves (strong position), has a debt-to-asset ratio of 50.9% (high leverage).
Financial Trends
Over 2 years of filings (2019–2020), Sbc Outreach And Worship Ministries's revenue has grown at a compound annual growth rate (CAGR) of 111.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +111.7% | -19.7% | +534.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2008 |
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 Sbc Outreach And Worship Ministries with a Mission Score of 75 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, Sbc Outreach And Worship 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $218K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.9%.
Executive Compensation Analysis
No officer compensation was reported in either the 2019 or 2020 filings, suggesting a volunteer-led executive team or that compensation falls below reporting thresholds, which is positive for resource allocation.
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 Sbc Outreach And Worship Ministries's IRS 990 filings:
- Significant increase in liabilities from $0 to $334,000 in one year.
- General NTEE code (X99) provides little insight into specific mission or activities.
Strengths
The following positive indicators were identified for Sbc Outreach And Worship Ministries:
- Strong revenue growth from $146,852 to $310,908.
- Substantial asset growth from $103,427 to $655,734.
- No reported officer compensation, indicating efficient use of funds for leadership.
- Expenses ($92,601) significantly lower than revenue ($310,908) in 2020, suggesting financial stability.
Frequently Asked Questions about Sbc Outreach And Worship Ministries
Is Sbc Outreach And Worship Ministries a legitimate charity?
Sbc Outreach And Worship Ministries (EIN: 10884971) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 75/100. It has 2 years of IRS 990 filings on record. Total revenue: $311K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Sbc Outreach And Worship Ministries spend its money?
Sbc Outreach And Worship Ministries directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Sbc Outreach And Worship Ministries tax-deductible?
Sbc Outreach And Worship Ministries is registered as a tax-exempt nonprofit (EIN: 10884971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sbc Outreach And Worship Ministries's spending goes to programs?
Sbc Outreach And Worship Ministries directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sbc Outreach And Worship Ministries compare to similar nonprofits?
With a transparency score of 75/100 (Good), Sbc Outreach And Worship Ministries is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sbc Outreach And Worship Ministries located?
Sbc Outreach And Worship Ministries is headquartered in Baltimore, Maryland and files with the IRS under EIN 10884971. It is classified under NTEE code X99.
How many years of IRS 990 filings does Sbc Outreach And Worship Ministries have?
Sbc Outreach And Worship Ministries has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $311K in total revenue.
What caused the significant increase in liabilities from $0 to $334,000 between 2019 and 2020?
The IRS 990 data does not specify the nature of these liabilities, but their sudden appearance and magnitude are a key area for further inquiry to understand the organization's financial obligations.
How does Sbc Outreach And Worship Ministries plan to manage or reduce its $334,000 in liabilities?
With 2020 revenue at $310,908 and expenses at $92,601, the organization generated a surplus, which could be directed towards liability reduction, but a specific plan is not detailed in the filings.
What specific programs did the organization fund with its $310,908 in revenue in 2020?
The NTEE code X99 is a general 'Unknown' category, and the provided data does not offer details on specific program activities or their associated spending.
Filing History
IRS 990 filing history for Sbc Outreach And Worship Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Sbc Outreach And Worship Ministries's revenue has grown by 111.7%, moving from $147K to $311K. Total assets increased by 534% over the same period, from $103K to $656K. Total functional expenses fell by 19.7%, from $115K to $93K. In its most recent filing year (2020), Sbc Outreach And Worship Ministries reported a surplus of $218K, with revenue exceeding expenses. The organization holds $334K in liabilities against $656K in assets (debt-to-asset ratio: 50.9%), resulting in net assets of $322K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $311K | $93K | $656K | $334K | — | View 990 |
| 2019 | $147K | $115K | $103K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sbc Outreach And Worship Ministries:
Data Sources and Methodology
This transparency report for Sbc Outreach And Worship 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.