Student Ministry Essentials Inc
Student Ministry Essentials Inc maintains stable revenue and zero officer compensation, growing assets over a decade.
EIN: 208303745 · Birmingham, AL · NTEE: X20 · Updated: 2026-03-28
Is Student Ministry Essentials Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Student Ministry Essentials Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Student Ministry Essentials Inc
Student Ministry Essentials Inc (EIN: 208303745) is a nonprofit organization based in Birmingham, AL, classified under NTEE code X20. The organization reported total revenue of $109K and total assets of $98K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Student Ministry Essentials Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Student Ministry Essentials Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $96K |
| Surplus / Deficit | +$13K |
| Total Assets | $73K |
| Total Liabilities | $5K |
| Net Assets | $68K |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2022, Student Ministry Essentials Inc reported a surplus of $13K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Student Ministry Essentials Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +1.2% | -31.2% | +24.5% |
| 2021 | -23.1% | +20.5% | -36.7% |
| 2020 | +53.7% | +83.9% | +36.8% |
| 2019 | -14.5% | -6.6% | +54.9% |
| 2018 | +29.2% | -33.3% | +744.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 Student Ministry Essentials 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Student Ministry Essentials Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with annual revenues around $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 Student Ministry Essentials Inc's IRS 990 filings:
- Occasional years where expenses exceeded revenue (e.g., 2021, 2017), though overall asset growth mitigates this concern.
Strengths
The following positive indicators were identified for Student Ministry Essentials Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Significant growth in assets over the past decade, from $3,338 in 2013 to $73,028 in 2022.
- Stable revenue generation, averaging around $100,000 annually.
- Low liabilities relative to assets, suggesting good financial management (e.g., $4,799 liabilities vs. $73,028 assets in 2022).
Frequently Asked Questions about Student Ministry Essentials Inc
Is Student Ministry Essentials Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Student Ministry Essentials Inc (EIN: 208303745) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Student Ministry Essentials Inc spend its money?
Student Ministry Essentials Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Student Ministry Essentials Inc tax-deductible?
Student Ministry Essentials Inc is registered as a tax-exempt nonprofit (EIN: 208303745). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Student Ministry Essentials Inc a good charity?
Based on the available data, Student Ministry Essentials Inc appears to be a good charity. It demonstrates strong financial stewardship with growing assets, consistent revenue, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings. This suggests that nearly all funds are directed towards program services.
How has Student Ministry Essentials Inc's financial health changed over time?
The organization's financial health has generally improved over time. Assets have grown significantly from $3,338 in 2013 to $73,028 in 2022. While there were years with expense overruns, the overall trend shows a healthy accumulation of reserves and stable revenue generation.
What is the organization's approach to executive compensation?
Student Ministry Essentials Inc has a highly efficient approach to executive compensation, consistently reporting 0% officer compensation in all available filings. This indicates that its leadership operates on a volunteer basis, maximizing the funds available for its programs.
Filing History
IRS 990 filing history for Student Ministry Essentials Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Student Ministry Essentials Inc's revenue has declined by 56.1%, moving from $248K to $109K. Total assets increased by 2579.9% over the same period, from $3K to $73K. Total functional expenses fell by 58.1%, from $228K to $96K. In its most recent filing year (2022), Student Ministry Essentials Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $5K in liabilities against $73K in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $68K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $109K | $96K | $73K | $5K | — | View 990 |
| 2021 | $108K | $139K | $59K | $4K | — | View 990 |
| 2020 | $140K | $115K | $93K | $7K | — | — |
| 2019 | $91K | $63K | $68K | $4K | — | View 990 |
| 2018 | $107K | $67K | $44K | $3K | — | View 990 |
| 2017 | $82K | $101K | $5K | $4K | — | View 990 |
| 2016 | $74K | $68K | $15K | $4K | — | — |
| 2015 | $49K | $57K | $6K | $2K | — | View 990 |
| 2014 | $85K | $51K | $14K | $496 | — | View 990 |
| 2013 | $116K | $125K | $3K | $908 | — | View 990 |
| 2012 | $244K | $240K | $6K | $307 | — | View 990 |
| 2011 | $248K | $228K | $3K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $109K, expenses of $96K, and assets of $73K (revenue +1.2% year-over-year).
- 2021: Revenue of $108K, expenses of $139K, and assets of $59K (revenue -23.1% year-over-year).
- 2020: Revenue of $140K, expenses of $115K, and assets of $93K (revenue +53.7% year-over-year).
- 2019: Revenue of $91K, expenses of $63K, and assets of $68K (revenue -14.5% year-over-year).
- 2018: Revenue of $107K, expenses of $67K, and assets of $44K (revenue +29.2% year-over-year).
- 2017: Revenue of $82K, expenses of $101K, and assets of $5K (revenue +10.8% year-over-year).
- 2016: Revenue of $74K, expenses of $68K, and assets of $15K (revenue +51.6% year-over-year).
- 2015: Revenue of $49K, expenses of $57K, and assets of $6K (revenue -42.6% year-over-year).
- 2014: Revenue of $85K, expenses of $51K, and assets of $14K (revenue -26.0% year-over-year).
- 2013: Revenue of $116K, expenses of $125K, and assets of $3K (revenue -52.6% year-over-year).
- 2012: Revenue of $244K, expenses of $240K, and assets of $6K (revenue -1.7% year-over-year).
- 2011: Revenue of $248K, expenses of $228K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Student Ministry Essentials Inc:
Data Sources and Methodology
This transparency report for Student Ministry Essentials 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.