Shepherds Of Love Ministries Inc
Shepherds Of Love Ministries Inc operates on tight margins with no reported officer compensation.
EIN: 10608540 · Oklahoma City, OK · NTEE: P20 · Updated: 2026-03-27
Is Shepherds Of Love Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shepherds Of Love Ministries Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shepherds Of Love Ministries Inc
Shepherds Of Love Ministries Inc (EIN: 10608540) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code P20. The organization reported total revenue of $158K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shepherds Of Love Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Shepherds Of Love Ministries Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Shepherds Of Love Ministries Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is a strong positive for a nonprofit of this size.
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 Of Love Ministries Inc's IRS 990 filings:
- Expenses frequently exceed revenue (e.g., 2022, 2021, 2017, 2015, 2014), indicating potential reliance on prior year reserves or inconsistent funding.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data limits full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Shepherds Of Love Ministries Inc:
- Consistent IRS 990 filing history (13 filings) demonstrates good transparency.
- No reported officer compensation across all available filings, indicating efficient use of funds at the leadership level.
- Low liabilities relative to assets, suggesting good financial management of debt.
- Consistent operational presence over a decade, indicating sustained mission delivery.
Frequently Asked Questions about Shepherds Of Love Ministries Inc
Is Shepherds Of Love Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shepherds Of Love Ministries Inc (EIN: 10608540) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Shepherds Of Love Ministries Inc spend its money?
Shepherds Of Love Ministries Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shepherds Of Love Ministries Inc tax-deductible?
Shepherds Of Love Ministries Inc is registered as a tax-exempt nonprofit (EIN: 10608540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Shepherds Of Love Ministries Inc financially stable?
The organization operates on tight margins, with expenses often close to or exceeding revenue (e.g., 2022 expenses of $203,942 against revenue of $168,234). While assets have grown to $123,626 in 2023, this indicates limited financial reserves for significant expansion or unexpected challenges.
How does Shepherds Of Love Ministries Inc manage its administrative costs?
Without a detailed functional expense breakdown, it's challenging to precisely determine administrative costs. However, the absence of officer compensation suggests a lean operational structure in terms of leadership salaries.
What is the trend in Shepherds Of Love Ministries Inc's revenue?
Revenue has fluctuated over the years, ranging from a low of $168,234 in 2022 to a high of $299,694 in 2020. The latest reported revenue for 2023 was $209,048, indicating some variability but generally maintaining a similar operational scale.
Does Shepherds Of Love Ministries Inc have significant liabilities?
Liabilities have generally been low, with the highest reported at $18,344 in 2020 and the latest at $2,010 in 2023, which is a positive indicator of financial health relative to assets.
Filing History
IRS 990 filing history for Shepherds Of Love Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shepherds Of Love Ministries Inc's revenue has declined by 15.9%, moving from $248K to $209K. Total assets increased by 661.8% over the same period, from $16K to $124K. Total functional expenses fell by 41.8%, from $294K to $171K. In its most recent filing year (2023), Shepherds Of Love Ministries Inc reported a surplus of $38K, with revenue exceeding expenses. The organization holds $2K in liabilities against $124K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $122K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $171K | $124K | $2K | — | — |
| 2022 | $168K | $204K | $88K | $4K | — | View 990 |
| 2021 | $220K | $234K | $124K | $5K | — | View 990 |
| 2020 | $300K | $248K | $152K | $18K | — | — |
| 2019 | $225K | $210K | $85K | $3K | — | View 990 |
| 2018 | $212K | $201K | $69K | $1K | — | View 990 |
| 2017 | $207K | $207K | $57K | $1K | — | View 990 |
| 2016 | $222K | $214K | $60K | $3K | — | View 990 |
| 2015 | $231K | $236K | $51K | $7K | — | View 990 |
| 2014 | $254K | $254K | $57K | $8K | — | View 990 |
| 2013 | $238K | $220K | $54K | $4K | — | View 990 |
| 2012 | $221K | $206K | $33K | $2K | — | View 990 |
| 2011 | $248K | $294K | $16K | $232 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $171K, and assets of $124K (revenue +24.3% year-over-year).
- 2022: Revenue of $168K, expenses of $204K, and assets of $88K (revenue -23.4% year-over-year).
- 2021: Revenue of $220K, expenses of $234K, and assets of $124K (revenue -26.7% year-over-year).
- 2020: Revenue of $300K, expenses of $248K, and assets of $152K (revenue +33.1% year-over-year).
- 2019: Revenue of $225K, expenses of $210K, and assets of $85K (revenue +6.0% year-over-year).
- 2018: Revenue of $212K, expenses of $201K, and assets of $69K (revenue +2.4% year-over-year).
- 2017: Revenue of $207K, expenses of $207K, and assets of $57K (revenue -6.8% year-over-year).
- 2016: Revenue of $222K, expenses of $214K, and assets of $60K (revenue -3.6% year-over-year).
- 2015: Revenue of $231K, expenses of $236K, and assets of $51K (revenue -9.3% year-over-year).
- 2014: Revenue of $254K, expenses of $254K, and assets of $57K (revenue +6.9% year-over-year).
- 2013: Revenue of $238K, expenses of $220K, and assets of $54K (revenue +7.4% year-over-year).
- 2012: Revenue of $221K, expenses of $206K, and assets of $33K (revenue -10.9% year-over-year).
- 2011: Revenue of $248K, expenses of $294K, and assets of $16K.
Data Sources and Methodology
This transparency report for Shepherds Of Love Ministries 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.