Son Shine Ministries Inc
Son Shine Ministries Inc consistently operates on a tight budget with no reported officer compensation.
EIN: 202628228 · Fort Payne, AL · NTEE: X20 · Updated: 2026-03-28
Is Son Shine Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Son Shine Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Son Shine Ministries Inc
Son Shine Ministries Inc (EIN: 202628228) is a nonprofit organization based in Fort Payne, AL, classified under NTEE code X20. The organization reported total revenue of $69K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Son Shine Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Son Shine Ministries Inc is a micro 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 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $65K |
| Surplus / Deficit | $-891 |
| Total Assets | $12K |
| Total Liabilities | $1K |
| Net Assets | $11K |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Son Shine Ministries Inc reported a deficit of $891 with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Son Shine Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.4% | -4.8% | -14.6% |
| 2022 | -1.7% | +7.7% | -1.8% |
| 2021 | -2.7% | -10.0% | +64.6% |
| 2020 | +5.1% | +5.6% | +6.9% |
| 2019 | -4.4% | -8.1% | -13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| 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 Son Shine 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Son Shine Ministries Inc 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 $891, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is not drawing a salary from the reported officer compensation, which is a positive for a small organization 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 Son Shine Ministries Inc's IRS 990 filings:
- Limited financial reserves (assets typically below $15,000) could pose a risk during unexpected financial downturns.
- Expenses frequently exceed revenue, as seen in 2023 ($64,884 expenses vs. $63,993 revenue) and 2022 ($68,130 expenses vs. $67,628 revenue), indicating a tight operational margin.
Strengths
The following positive indicators were identified for Son Shine Ministries Inc:
- Consistent filing of IRS Form 990s demonstrates strong transparency.
- 0% reported officer compensation across all filings suggests a volunteer-driven or highly efficient leadership structure, maximizing funds for mission.
- Stable revenue stream over the past decade, indicating consistent donor support for its small scale of operations.
Frequently Asked Questions about Son Shine Ministries Inc
Is Son Shine Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Son Shine Ministries Inc (EIN: 202628228) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Son Shine Ministries Inc spend its money?
Son Shine Ministries Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Son Shine Ministries Inc tax-deductible?
Son Shine Ministries Inc is registered as a tax-exempt nonprofit (EIN: 202628228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Son Shine Ministries Inc financially stable?
Son Shine Ministries Inc operates with very little financial cushion, with expenses often closely matching or slightly exceeding revenue. For example, in 2023, expenses were $64,884 against revenues of $63,993. While not accumulating significant debt (liabilities are low), it suggests limited capacity for unexpected financial challenges or growth.
How does Son Shine Ministries Inc manage its assets?
The organization maintains modest assets, typically ranging from $8,000 to $14,000. This indicates a lean operational model with limited reserves or significant capital investments, consistent with its small annual revenue.
What is the trend in Son Shine Ministries Inc's revenue?
Revenue for Son Shine Ministries Inc has been remarkably consistent over the past decade, generally fluctuating between $60,000 and $75,000 annually, with the latest reported revenue at $63,993 in 2023. There isn't a significant growth trend, but rather stable, consistent funding.
Filing History
IRS 990 filing history for Son Shine Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Son Shine Ministries Inc's revenue has grown by 9.8%, moving from $58K to $64K. Total assets increased by 19.6% over the same period, from $10K to $12K. Total functional expenses rose by 14.2%, from $57K to $65K. In its most recent filing year (2023), Son Shine Ministries Inc reported a deficit of $891, with expenses exceeding revenue. The organization holds $1K in liabilities against $12K in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64K | $65K | $12K | $1K | — | View 990 |
| 2022 | $68K | $68K | $14K | $2K | — | View 990 |
| 2021 | $69K | $63K | $14K | $2K | — | — |
| 2020 | $71K | $70K | $9K | $2K | — | — |
| 2019 | $67K | $67K | $8K | $2K | — | View 990 |
| 2018 | $70K | $72K | $9K | $4K | — | View 990 |
| 2017 | $75K | $71K | $11K | $3K | — | View 990 |
| 2016 | $64K | $66K | $6K | $2K | — | View 990 |
| 2015 | $65K | $70K | $7K | $1K | — | View 990 |
| 2014 | $72K | $68K | $13K | $2K | — | View 990 |
| 2013 | $60K | $58K | $9K | $1K | — | View 990 |
| 2012 | $62K | $61K | $11K | $0 | — | View 990 |
| 2011 | $58K | $57K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64K, expenses of $65K, and assets of $12K (revenue -5.4% year-over-year).
- 2022: Revenue of $68K, expenses of $68K, and assets of $14K (revenue -1.7% year-over-year).
- 2021: Revenue of $69K, expenses of $63K, and assets of $14K (revenue -2.7% year-over-year).
- 2020: Revenue of $71K, expenses of $70K, and assets of $9K (revenue +5.1% year-over-year).
- 2019: Revenue of $67K, expenses of $67K, and assets of $8K (revenue -4.4% year-over-year).
- 2018: Revenue of $70K, expenses of $72K, and assets of $9K (revenue -6.7% year-over-year).
- 2017: Revenue of $75K, expenses of $71K, and assets of $11K (revenue +18.4% year-over-year).
- 2016: Revenue of $64K, expenses of $66K, and assets of $6K (revenue -1.4% year-over-year).
- 2015: Revenue of $65K, expenses of $70K, and assets of $7K (revenue -9.8% year-over-year).
- 2014: Revenue of $72K, expenses of $68K, and assets of $13K (revenue +19.5% year-over-year).
- 2013: Revenue of $60K, expenses of $58K, and assets of $9K (revenue -3.0% year-over-year).
- 2012: Revenue of $62K, expenses of $61K, and assets of $11K (revenue +5.9% year-over-year).
- 2011: Revenue of $58K, expenses of $57K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Son Shine Ministries Inc:
Data Sources and Methodology
This transparency report for Son Shine 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.