Serenissima Ministry Groupinternational
Serenissima Ministry Groupinternational shows revenue growth but consistent operating deficits in recent years.
EIN: 208651367 · Tempe, AZ · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $911K |
| Total Expenses | $561K |
| Program Spending | 75% |
| Net Assets | $311K |
| Transparency Score | 65/100 |
Is Serenissima Ministry Groupinternational Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Serenissima Ministry Groupinternational directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Serenissima Ministry Groupinternational
Serenissima Ministry Groupinternational (EIN: 208651367) is a nonprofit organization based in Tempe, AZ, classified under NTEE code X20. The organization reported total revenue of $911K and total assets of $445K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Serenissima Ministry Groupinternational's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Serenissima Ministry Groupinternational is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $524K |
| Total Expenses | $561K |
| Surplus / Deficit | $-36,947 |
| Total Assets | $313K |
| Total Liabilities | $1K |
| Net Assets | $311K |
| Operating Margin | -7.1% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2023, Serenissima Ministry Groupinternational reported a deficit of $37K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Serenissima Ministry Groupinternational's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.4% | +3.3% | -11.0% |
| 2022 | +33.0% | +1.8% | +26.9% |
| 2021 | +9.6% | -0.6% | -20.1% |
| 2020 | +2.4% | +52.7% | -26.5% |
| 2019 | +5.3% | +10.2% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Serenissima Ministry Groupinternational 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: 75%
- fundraising: 10%
According to IRS 990 filings, Serenissima Ministry Groupinternational allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is a positive indicator for minimizing overhead costs.
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 Serenissima Ministry Groupinternational's IRS 990 filings:
- Consistent operating deficits in recent years (2020-2023), where expenses exceeded revenue.
- Declining asset base from a high of $471,141 in 2019 to $312,644 in 2023, potentially due to covering deficits.
Strengths
The following positive indicators were identified for Serenissima Ministry Groupinternational:
- Consistent revenue growth over the past decade, indicating increasing support or activity.
- No reported officer compensation, suggesting efficient use of funds for executive leadership.
- Low liabilities in recent years, indicating good debt management.
Frequently Asked Questions about Serenissima Ministry Groupinternational
Is Serenissima Ministry Groupinternational a legitimate charity?
Serenissima Ministry Groupinternational (EIN: 208651367) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $911K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Serenissima Ministry Groupinternational spend its money?
Serenissima Ministry Groupinternational directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Serenissima Ministry Groupinternational tax-deductible?
Serenissima Ministry Groupinternational is registered as a tax-exempt nonprofit (EIN: 208651367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Serenissima Ministry Groupinternational's spending goes to programs?
Serenissima Ministry Groupinternational directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Serenissima Ministry Groupinternational compare to similar nonprofits?
With a transparency score of 65/100 (Good), Serenissima Ministry Groupinternational is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Serenissima Ministry Groupinternational located?
Serenissima Ministry Groupinternational is headquartered in Tempe, Arizona and files with the IRS under EIN 208651367. It is classified under NTEE code X20.
How many years of IRS 990 filings does Serenissima Ministry Groupinternational have?
Serenissima Ministry Groupinternational has 14 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 $911K in total revenue.
Why has Serenissima Ministry Groupinternational consistently operated at a deficit in recent years?
The organization's expenses have exceeded its revenue in 2023 ($560,600 vs $523,653), 2022 ($542,663 vs $618,937), 2021 ($533,220 vs $465,529), and 2020 ($536,700 vs $424,824). This trend suggests that operational costs are consistently higher than incoming funds, leading to a draw on reserves or other funding sources.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, peaking at $471,141 in 2019 and declining to $312,644 by 2023. Liabilities have generally been low, with a notable increase in 2023 to $1,213 from $3,033 in 2022, but were significantly higher in earlier years (e.g., $99,932 in 2015).
How has the organization's revenue grown over the past decade?
Revenue has shown significant growth, increasing from $161,787 in 2014 to $523,653 in 2023, indicating an expanding financial base for its operations.
Filing History
IRS 990 filing history for Serenissima Ministry Groupinternational showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Serenissima Ministry Groupinternational's revenue has grown by 807.3%, moving from $58K to $524K. Total functional expenses rose by 825%, from $61K to $561K. In its most recent filing year (2023), Serenissima Ministry Groupinternational reported a deficit of $37K, with expenses exceeding revenue. The organization holds $1K in liabilities against $313K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $311K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $524K | $561K | $313K | $1K | — | — |
| 2022 | $619K | $543K | $351K | $3K | — | — |
| 2021 | $466K | $533K | $277K | $5K | — | View 990 |
| 2020 | $425K | $537K | $346K | $7K | — | View 990 |
| 2019 | $415K | $351K | $471K | $19K | — | View 990 |
| 2018 | $394K | $319K | $428K | $40K | — | View 990 |
| 2017 | $324K | $250K | $400K | $87K | — | View 990 |
| 2016 | $321K | $208K | $331K | $92K | — | View 990 |
| 2015 | $225K | $169K | $226K | $100K | — | View 990 |
| 2014 | $162K | $77K | $469K | $0 | — | — |
| 2013 | $379K | $62K | $385K | $0 | — | View 990 |
| 2012 | $94K | $63K | $43K | $0 | — | View 990 |
| 2011 | $58K | $46K | $12K | $0 | — | View 990 |
| 2010 | $58K | $61K | $-130 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $524K, expenses of $561K, and assets of $313K (revenue -15.4% year-over-year).
- 2022: Revenue of $619K, expenses of $543K, and assets of $351K (revenue +33.0% year-over-year).
- 2021: Revenue of $466K, expenses of $533K, and assets of $277K (revenue +9.6% year-over-year).
- 2020: Revenue of $425K, expenses of $537K, and assets of $346K (revenue +2.4% year-over-year).
- 2019: Revenue of $415K, expenses of $351K, and assets of $471K (revenue +5.3% year-over-year).
- 2018: Revenue of $394K, expenses of $319K, and assets of $428K (revenue +21.4% year-over-year).
- 2017: Revenue of $324K, expenses of $250K, and assets of $400K (revenue +1.1% year-over-year).
- 2016: Revenue of $321K, expenses of $208K, and assets of $331K (revenue +42.8% year-over-year).
- 2015: Revenue of $225K, expenses of $169K, and assets of $226K (revenue +38.9% year-over-year).
- 2014: Revenue of $162K, expenses of $77K, and assets of $469K (revenue -57.3% year-over-year).
- 2013: Revenue of $379K, expenses of $62K, and assets of $385K (revenue +304.5% year-over-year).
- 2012: Revenue of $94K, expenses of $63K, and assets of $43K (revenue +61.4% year-over-year).
- 2011: Revenue of $58K, expenses of $46K, and assets of $12K (revenue +0.6% year-over-year).
- 2010: Revenue of $58K, expenses of $61K, and assets of $-130.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Serenissima Ministry Groupinternational:
Data Sources and Methodology
This transparency report for Serenissima Ministry Groupinternational 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.