Shepherds Heart Ministry
Shepherds Heart Ministry shows consistent revenue generation and asset growth, with no reported officer compensation, despite a recent operating deficit.
EIN: 10803956 · Parker, CO · NTEE: X20 · Updated: 2026-03-27
Is Shepherds Heart Ministry Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shepherds Heart Ministry directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shepherds Heart Ministry
Shepherds Heart Ministry (EIN: 10803956) is a nonprofit organization based in Parker, CO, classified under NTEE code X20. The organization reported total revenue of $505K and total assets of $302K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shepherds Heart Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shepherds Heart Ministry is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $459K |
| Total Expenses | $534K |
| Surplus / Deficit | $-75,325 |
| Total Assets | $416K |
| Total Liabilities | $100K |
| Net Assets | $316K |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 23.9% |
| Months of Reserves | 9.4 months |
Financial Health Grade: B
In 2023, Shepherds Heart Ministry reported a deficit of $75K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 23.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Shepherds Heart Ministry's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +44.6% | +5.3% |
| 2022 | -9.0% | +4.7% | +12.0% |
| 2021 | +21.7% | +21.4% | +25.8% |
| 2020 | +9.3% | -9.5% | -15.2% |
| 2019 | -27.7% | -28.8% | +120.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2005 |
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 Shepherds Heart Ministry with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Shepherds Heart Ministry allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for directing resources to its mission.
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 Shepherds Heart Ministry's IRS 990 filings:
- Operating deficit in the most recent fiscal period (202312) where expenses ($533,985) exceeded revenue ($458,660).
- Significant increase in liabilities from $3,326 in 202212 to $99,623 in 202312, requiring further investigation.
Strengths
The following positive indicators were identified for Shepherds Heart Ministry:
- Consistent reporting of 0% officer compensation across all 13 filings, indicating high efficiency in directing funds to mission.
- Strong asset growth over the past decade, from $97,030 in 201612 to $416,098 in 202312, demonstrating financial stability.
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency.
- Generally stable revenue generation over time, supporting ongoing operations.
Frequently Asked Questions about Shepherds Heart Ministry
Is Shepherds Heart Ministry a legitimate charity?
Based on AI analysis of IRS 990 filings, Shepherds Heart Ministry (EIN: 10803956) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Shepherds Heart Ministry spend its money?
Shepherds Heart Ministry directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shepherds Heart Ministry tax-deductible?
Shepherds Heart Ministry is registered as a tax-exempt nonprofit (EIN: 10803956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Shepherds Heart Ministry a good charity?
Based on the available data, Shepherds Heart Ministry appears to be a good charity. It consistently files its IRS 990s, reports 0% officer compensation, and has shown significant asset growth over time, indicating financial stability and a strong commitment to its mission by minimizing overhead.
What caused the operating deficit in the 202312 period?
In the 202312 period, expenses ($533,985) exceeded revenues ($458,660) by $75,325. The specific causes are not detailed in the provided summary, but could be due to increased program activities, one-time expenditures, or a temporary dip in donations.
What is the nature of the increased liabilities in 202312?
Liabilities increased from $3,326 in 202212 to $99,623 in 202312. The summary data does not specify the nature of these liabilities, which could include accounts payable, deferred revenue, or short-term loans. A deeper dive into the full 990 filing would be necessary to understand this change.
Filing History
IRS 990 filing history for Shepherds Heart Ministry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shepherds Heart Ministry's revenue has grown by 26.7%, moving from $362K to $459K. Total assets decreased by 22.2% over the same period, from $534K to $416K. Total functional expenses rose by 46.8%, from $364K to $534K. In its most recent filing year (2023), Shepherds Heart Ministry reported a deficit of $75K, with expenses exceeding revenue. The organization holds $100K in liabilities against $416K in assets (debt-to-asset ratio: 23.9%), resulting in net assets of $316K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $534K | $416K | $100K | — | — |
| 2022 | $411K | $369K | $395K | $3K | — | View 990 |
| 2021 | $452K | $353K | $353K | $3K | — | View 990 |
| 2020 | $371K | $290K | $280K | $30K | — | View 990 |
| 2019 | $340K | $321K | $331K | $162K | — | View 990 |
| 2018 | $470K | $451K | $150K | $0 | — | View 990 |
| 2017 | $324K | $290K | $130K | $0 | — | View 990 |
| 2016 | $275K | $290K | $97K | $0 | — | View 990 |
| 2015 | $329K | $329K | $112K | $0 | — | View 990 |
| 2014 | $492K | $378K | $112K | $0 | — | View 990 |
| 2013 | $372K | $382K | $462K | $464K | — | View 990 |
| 2012 | $312K | $374K | $472K | $464K | — | View 990 |
| 2011 | $362K | $364K | $534K | $464K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $534K, and assets of $416K (revenue +11.5% year-over-year).
- 2022: Revenue of $411K, expenses of $369K, and assets of $395K (revenue -9.0% year-over-year).
- 2021: Revenue of $452K, expenses of $353K, and assets of $353K (revenue +21.7% year-over-year).
- 2020: Revenue of $371K, expenses of $290K, and assets of $280K (revenue +9.3% year-over-year).
- 2019: Revenue of $340K, expenses of $321K, and assets of $331K (revenue -27.7% year-over-year).
- 2018: Revenue of $470K, expenses of $451K, and assets of $150K (revenue +45.4% year-over-year).
- 2017: Revenue of $324K, expenses of $290K, and assets of $130K (revenue +17.7% year-over-year).
- 2016: Revenue of $275K, expenses of $290K, and assets of $97K (revenue -16.5% year-over-year).
- 2015: Revenue of $329K, expenses of $329K, and assets of $112K (revenue -33.2% year-over-year).
- 2014: Revenue of $492K, expenses of $378K, and assets of $112K (revenue +32.3% year-over-year).
- 2013: Revenue of $372K, expenses of $382K, and assets of $462K (revenue +19.0% year-over-year).
- 2012: Revenue of $312K, expenses of $374K, and assets of $472K (revenue -13.7% year-over-year).
- 2011: Revenue of $362K, expenses of $364K, and assets of $534K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shepherds Heart Ministry:
Data Sources and Methodology
This transparency report for Shepherds Heart Ministry 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.