Speaking Spirit Ministriesinternational Inc
Speaking Spirit Ministriesinternational Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 208905566 · Mechanicsvlle, VA · NTEE: X20 · Updated: 2026-03-28
About Speaking Spirit Ministriesinternational Inc
Speaking Spirit Ministriesinternational Inc (EIN: 208905566) is a nonprofit organization based in Mechanicsvlle, VA, classified under NTEE code X20. The organization reported total revenue of $6.0M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Speaking Spirit Ministriesinternational 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 Speaking Spirit Ministriesinternational Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Speaking Spirit Ministriesinternational Inc 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, directors, or trustees. This suggests a strong commitment to directing financial resources towards the organization's mission rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Speaking Spirit Ministriesinternational Inc:
- Consistent revenue growth, from $757,906 in 2014 to $5,558,749 in 2023.
- Significant asset growth, from $2,364,410 in 2014 to $9,479,384 in 2023.
- Consistent reporting of 0% officer compensation, indicating efficient resource allocation.
- Positive net income (revenue exceeding expenses) in all reported periods, demonstrating financial sustainability.
Frequently Asked Questions about Speaking Spirit Ministriesinternational Inc
Is Speaking Spirit Ministriesinternational Inc a good charity?
Based on the provided data, Speaking Spirit Ministriesinternational Inc appears to be a financially healthy organization with consistent growth in revenue and assets. The reported 0% officer compensation is a strong positive indicator of efficient resource allocation. A full assessment would require reviewing detailed program spending.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, with revenue increasing from $757,906 in 2014 to $5,558,749 in 2023, and assets growing from $2,364,410 to $9,479,384 over the same period. This indicates a strong and improving financial trajectory.
What is the organization's approach to executive compensation?
Speaking Spirit Ministriesinternational Inc consistently reports 0% officer compensation in its IRS 990 filings, suggesting that executive leadership does not receive salaries or other compensation from the organization.
Filing History
IRS 990 filing history for Speaking Spirit Ministriesinternational Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Speaking Spirit Ministriesinternational Inc's revenue has grown by 2051.5%, moving from $258K to $5.6M. Total assets increased by 18143.6% over the same period, from $52K to $9.5M. Total functional expenses rose by 1815.5%, from $208K to $4.0M. In its most recent filing year (2023), Speaking Spirit Ministriesinternational Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $3.2M in liabilities against $9.5M in assets (debt-to-asset ratio: 33.5%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $4.0M | $9.5M | $3.2M | — | View 990 |
| 2022 | $4.6M | $3.5M | $7.8M | $3.1M | — | View 990 |
| 2021 | $3.6M | $2.7M | $7.3M | $3.6M | — | View 990 |
| 2020 | $2.8M | $2.3M | $6.5M | $3.8M | — | View 990 |
| 2019 | $2.7M | $2.3M | $5.1M | $2.8M | — | View 990 |
| 2018 | $2.4M | $2.0M | $4.7M | $2.9M | — | View 990 |
| 2017 | $1.9M | $1.7M | $4.3M | $3.3M | — | View 990 |
| 2016 | $1.6M | $1.2M | $2.7M | $1.8M | — | View 990 |
| 2015 | $1.2M | $1.1M | $2.1M | $1.9M | — | View 990 |
| 2014 | $758K | $570K | $2.4M | $2.0M | — | View 990 |
| 2011 | $258K | $208K | $52K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $4.0M, and assets of $9.5M (revenue +21.2% year-over-year).
- 2022: Revenue of $4.6M, expenses of $3.5M, and assets of $7.8M (revenue +27.5% year-over-year).
- 2021: Revenue of $3.6M, expenses of $2.7M, and assets of $7.3M (revenue +26.6% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.3M, and assets of $6.5M (revenue +7.1% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.3M, and assets of $5.1M (revenue +9.8% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.0M, and assets of $4.7M (revenue +29.5% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.7M, and assets of $4.3M (revenue +16.7% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.2M, and assets of $2.7M (revenue +36.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $2.1M (revenue +54.6% year-over-year).
- 2014: Revenue of $758K, expenses of $570K, and assets of $2.4M (revenue +193.3% year-over-year).
- 2011: Revenue of $258K, expenses of $208K, and assets of $52K.
Data Sources and Methodology
This transparency report for Speaking Spirit Ministriesinternational 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.