Spirit Of Truth Ministries Shreveport Inc
Spirit Of Truth Ministries Shreveport Inc consistently operates with zero officer compensation and growing assets.
EIN: 203246790 · Shreveport, LA · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $151K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $132K |
| Transparency Score | 92/100 |
Is Spirit Of Truth Ministries Shreveport Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spirit Of Truth Ministries Shreveport Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spirit Of Truth Ministries Shreveport Inc
Spirit Of Truth Ministries Shreveport Inc (EIN: 203246790) is a nonprofit organization based in Shreveport, LA, classified under NTEE code X21. The organization reported total revenue of $151K and total assets of $106K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spirit Of Truth Ministries Shreveport Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spirit Of Truth Ministries Shreveport Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). 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 | $155K |
| Total Expenses | $151K |
| Surplus / Deficit | +$4K |
| Total Assets | $132K |
| Net Assets | $132K |
| Operating Margin | 2.9% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2023, Spirit Of Truth Ministries Shreveport Inc reported a surplus of $4K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Spirit Of Truth Ministries Shreveport Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.3% | +4.8% | +3.5% |
| 2022 | +24.4% | +6.0% | +32.6% |
| 2021 | +15.7% | +21.4% | +9.2% |
| 2020 | -24.1% | -11.6% | +16.5% |
| 2019 | +11.1% | -9.7% | +95.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
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 Spirit Of Truth Ministries Shreveport Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Spirit Of Truth Ministries Shreveport Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is uncompensated, which is highly unusual for an organization with annual revenues exceeding $100,000.
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 Spirit Of Truth Ministries Shreveport Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in summary data
Strengths
The following positive indicators were identified for Spirit Of Truth Ministries Shreveport Inc:
- Consistent 0% officer compensation
- Strong and consistent asset growth (from $33,513 in 2017 to $132,266 in 2023)
- Minimal to zero liabilities reported in recent years
- Consistent filing of IRS Form 990s (14 filings)
- Revenues generally exceeding expenses, contributing to financial stability
Frequently Asked Questions about Spirit Of Truth Ministries Shreveport Inc
Is Spirit Of Truth Ministries Shreveport Inc a legitimate charity?
Spirit Of Truth Ministries Shreveport Inc (EIN: 203246790) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $151K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Spirit Of Truth Ministries Shreveport Inc spend its money?
Spirit Of Truth Ministries Shreveport Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Spirit Of Truth Ministries Shreveport Inc tax-deductible?
Spirit Of Truth Ministries Shreveport Inc is registered as a tax-exempt nonprofit (EIN: 203246790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Spirit Of Truth Ministries Shreveport Inc CEO make?
Spirit Of Truth Ministries Shreveport Inc's highest-compensated officer earns $100,000. annually. The organization reported $151K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Spirit Of Truth Ministries Shreveport Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Spirit Of Truth Ministries Shreveport Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spirit Of Truth Ministries Shreveport Inc located?
Spirit Of Truth Ministries Shreveport Inc is headquartered in Shreveport, Louisiana and files with the IRS under EIN 203246790. It is classified under NTEE code X21.
How many years of IRS 990 filings does Spirit Of Truth Ministries Shreveport Inc have?
Spirit Of Truth Ministries Shreveport Inc 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 $151K in total revenue.
Is Spirit Of Truth Ministries Shreveport Inc a good charity?
Based on the provided data, Spirit Of Truth Ministries Shreveport Inc appears to be a well-managed organization with strong financial health, consistent asset growth, and a notable commitment to not compensating its officers, which suggests a high dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly, with assets growing from $33,513 in 2017 to $132,266 in 2023, and liabilities consistently reported as zero or very low in recent years.
What is the trend in revenue and expenses?
Revenue and expenses have remained relatively stable over the past decade, generally fluctuating between $120,000 and $190,000 annually, with revenues often slightly exceeding expenses, contributing to asset growth.
Filing History
IRS 990 filing history for Spirit Of Truth Ministries Shreveport Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Spirit Of Truth Ministries Shreveport Inc's revenue has declined by 22.9%, moving from $201K to $155K. Total assets increased by 39.7% over the same period, from $95K to $132K. Total functional expenses rose by 1.5%, from $148K to $151K. In its most recent filing year (2023), Spirit Of Truth Ministries Shreveport Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $151K | $132K | $0 | — | — |
| 2022 | $179K | $144K | $128K | $0 | — | View 990 |
| 2021 | $144K | $136K | $96K | $0 | — | View 990 |
| 2020 | $124K | $112K | $88K | $0 | — | — |
| 2019 | $163K | $126K | $76K | $0 | — | View 990 |
| 2018 | $147K | $140K | $39K | $0 | — | View 990 |
| 2017 | $168K | $174K | $34K | $2K | — | View 990 |
| 2016 | $163K | $179K | $39K | $2K | — | View 990 |
| 2015 | $190K | $199K | $55K | $1K | — | View 990 |
| 2014 | $167K | $167K | $64K | $845 | — | View 990 |
| 2013 | $173K | $185K | $64K | $544 | — | View 990 |
| 2012 | $163K | $175K | $76K | $656 | — | View 990 |
| 2011 | $151K | $157K | $88K | $656 | — | View 990 |
| 2010 | $201K | $148K | $95K | $656 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $151K, and assets of $132K (revenue -13.3% year-over-year).
- 2022: Revenue of $179K, expenses of $144K, and assets of $128K (revenue +24.4% year-over-year).
- 2021: Revenue of $144K, expenses of $136K, and assets of $96K (revenue +15.7% year-over-year).
- 2020: Revenue of $124K, expenses of $112K, and assets of $88K (revenue -24.1% year-over-year).
- 2019: Revenue of $163K, expenses of $126K, and assets of $76K (revenue +11.1% year-over-year).
- 2018: Revenue of $147K, expenses of $140K, and assets of $39K (revenue -12.3% year-over-year).
- 2017: Revenue of $168K, expenses of $174K, and assets of $34K (revenue +2.8% year-over-year).
- 2016: Revenue of $163K, expenses of $179K, and assets of $39K (revenue -14.1% year-over-year).
- 2015: Revenue of $190K, expenses of $199K, and assets of $55K (revenue +13.6% year-over-year).
- 2014: Revenue of $167K, expenses of $167K, and assets of $64K (revenue -3.0% year-over-year).
- 2013: Revenue of $173K, expenses of $185K, and assets of $64K (revenue +5.9% year-over-year).
- 2012: Revenue of $163K, expenses of $175K, and assets of $76K (revenue +8.3% year-over-year).
- 2011: Revenue of $151K, expenses of $157K, and assets of $88K (revenue -25.1% year-over-year).
- 2010: Revenue of $201K, expenses of $148K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spirit Of Truth Ministries Shreveport Inc:
Data Sources and Methodology
This transparency report for Spirit Of Truth Ministries Shreveport 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.