Starfish Orphan Ministry Inc
Starfish Orphan Ministry Inc shows consistent growth in assets and no officer compensation over 13 years of filings.
EIN: 208407154 · Paducah, KY · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $547K |
| Total Expenses | $435K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $260,093 |
| Net Assets | $371K |
| Transparency Score | 90/100 |
Is Starfish Orphan Ministry Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Starfish Orphan Ministry Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Starfish Orphan Ministry Inc
Starfish Orphan Ministry Inc (EIN: 208407154) is a nonprofit organization based in Paducah, KY, classified under NTEE code P30. The organization reported total revenue of $547K and total assets of $531K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Starfish Orphan Ministry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Starfish Orphan Ministry Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $399K |
| Total Expenses | $435K |
| Surplus / Deficit | $-36,121 |
| Total Assets | $475K |
| Total Liabilities | $105K |
| Net Assets | $371K |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 22.0% |
| Months of Reserves | 13.1 months |
Financial Health Grade: B
In 2023, Starfish Orphan Ministry Inc reported a deficit of $36K with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 22.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Starfish Orphan Ministry Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | +27.9% | -11.1% |
| 2022 | +16.2% | +75.3% | +2.7% |
| 2021 | -34.0% | -44.8% | +23.9% |
| 2020 | +55.5% | -22.5% | +87.9% |
| 2019 | -16.5% | +17.2% | -45.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Starfish Orphan Ministry Inc 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, Starfish Orphan Ministry 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 $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all 13 available IRS 990 filings, indicating that no salaries were paid to officers, which is highly commendable for an organization of its size with revenues fluctuating between $260,093 and $491,011.
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 Starfish Orphan Ministry Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($435,007 vs $398,886), 2019 ($452,836 vs $315,673), 2018 ($386,318 vs $377,866), 2017 ($406,960 vs $355,213), 2015 ($295,481 vs $287,945), and 2014 ($322,282 vs $260,093), indicating periods of deficit spending.
Strengths
The following positive indicators were identified for Starfish Orphan Ministry Inc:
- Consistent 0% officer compensation across all 13 available filings, indicating strong commitment to mission and efficient use of funds.
- Significant growth in assets from $46,893 in 2015 to $475,494 in 2023, demonstrating long-term financial health and growth.
- Healthy asset-to-liability ratio, with assets of $475,494 comfortably covering liabilities of $104,804 in 2023.
- Long history of IRS 990 filings (13 periods), indicating strong transparency and compliance.
- Positive net income in several years, such as 2022 (Revenue $376,615 > Expenses $340,045) and 2021 (Revenue $324,039 > Expenses $193,995), contributing to asset growth.
Frequently Asked Questions about Starfish Orphan Ministry Inc
Is Starfish Orphan Ministry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Starfish Orphan Ministry Inc (EIN: 208407154) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Starfish Orphan Ministry Inc spend its money?
Starfish Orphan Ministry Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Starfish Orphan Ministry Inc tax-deductible?
Starfish Orphan Ministry Inc is registered as a tax-exempt nonprofit (EIN: 208407154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Starfish Orphan Ministry Inc CEO make?
Starfish Orphan Ministry Inc's highest-compensated officer earns $260,093 annually. The organization reported $547K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Starfish Orphan Ministry Inc's spending goes to programs?
Starfish Orphan Ministry Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Starfish Orphan Ministry Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Starfish Orphan Ministry Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Starfish Orphan Ministry Inc located?
Starfish Orphan Ministry Inc is headquartered in Paducah, Kentucky and files with the IRS under EIN 208407154. It is classified under NTEE code P30.
How many years of IRS 990 filings does Starfish Orphan Ministry Inc have?
Starfish Orphan Ministry Inc has 13 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 $547K in total revenue.
Is Starfish Orphan Ministry Inc financially stable?
Yes, the organization appears financially stable. While 2023 saw expenses ($435,007) slightly exceed revenue ($398,886), its assets ($475,494) significantly outweigh liabilities ($104,804), indicating a healthy balance sheet. Over the long term, assets have grown substantially from $46,893 in 2015 to $475,494 in 2023.
How transparent is Starfish Orphan Ministry Inc?
Starfish Orphan Ministry Inc demonstrates strong transparency by consistently filing IRS Form 990s for 13 periods and explicitly reporting 0% officer compensation in all available filings, allowing for public scrutiny of its financial operations.
Does Starfish Orphan Ministry Inc spend efficiently?
Based on the available data, the organization appears to spend efficiently. The consistent reporting of 0% officer compensation suggests that a very high proportion of funds are directed towards program activities rather than administrative overhead or executive salaries.
Filing History
IRS 990 filing history for Starfish Orphan Ministry Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Starfish Orphan Ministry Inc's revenue has grown by 81.5%, moving from $220K to $399K. Total assets increased by 233.2% over the same period, from $143K to $475K. Total functional expenses rose by 244.1%, from $126K to $435K. In its most recent filing year (2023), Starfish Orphan Ministry Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $105K in liabilities against $475K in assets (debt-to-asset ratio: 22.0%), resulting in net assets of $371K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $399K | $435K | $475K | $105K | — | View 990 |
| 2022 | $377K | $340K | $535K | $128K | — | — |
| 2021 | $324K | $194K | $521K | $151K | — | — |
| 2020 | $491K | $351K | $420K | $182K | — | View 990 |
| 2019 | $316K | $453K | $224K | $157K | — | View 990 |
| 2018 | $378K | $386K | $407K | $202K | — | View 990 |
| 2017 | $355K | $407K | $69K | $0 | — | View 990 |
| 2016 | $381K | $307K | $120K | $0 | — | View 990 |
| 2015 | $288K | $295K | $47K | $0 | — | View 990 |
| 2014 | $260K | $322K | $54K | $0 | — | View 990 |
| 2013 | $189K | $169K | $117K | $0 | — | View 990 |
| 2012 | $223K | $201K | $97K | $0 | — | View 990 |
| 2011 | $220K | $126K | $143K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $399K, expenses of $435K, and assets of $475K (revenue +5.9% year-over-year).
- 2022: Revenue of $377K, expenses of $340K, and assets of $535K (revenue +16.2% year-over-year).
- 2021: Revenue of $324K, expenses of $194K, and assets of $521K (revenue -34.0% year-over-year).
- 2020: Revenue of $491K, expenses of $351K, and assets of $420K (revenue +55.5% year-over-year).
- 2019: Revenue of $316K, expenses of $453K, and assets of $224K (revenue -16.5% year-over-year).
- 2018: Revenue of $378K, expenses of $386K, and assets of $407K (revenue +6.4% year-over-year).
- 2017: Revenue of $355K, expenses of $407K, and assets of $69K (revenue -6.8% year-over-year).
- 2016: Revenue of $381K, expenses of $307K, and assets of $120K (revenue +32.3% year-over-year).
- 2015: Revenue of $288K, expenses of $295K, and assets of $47K (revenue +10.7% year-over-year).
- 2014: Revenue of $260K, expenses of $322K, and assets of $54K (revenue +37.5% year-over-year).
- 2013: Revenue of $189K, expenses of $169K, and assets of $117K (revenue -15.1% year-over-year).
- 2012: Revenue of $223K, expenses of $201K, and assets of $97K (revenue +1.4% year-over-year).
- 2011: Revenue of $220K, expenses of $126K, and assets of $143K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Starfish Orphan Ministry Inc:
Data Sources and Methodology
This transparency report for Starfish Orphan Ministry 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.