Sundouloi Ministries Inc
Sundouloi Ministries Inc. faces consistent operating deficits in recent years, drawing down assets despite no reported officer compensation.
EIN: 203459054 · Greenwood, IN · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $421K |
| Total Expenses | $501K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $58K |
| Transparency Score | 70/100 |
Is Sundouloi Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sundouloi Ministries Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sundouloi Ministries Inc
Sundouloi Ministries Inc (EIN: 203459054) is a nonprofit organization based in Greenwood, IN, classified under NTEE code Q33. The organization reported total revenue of $421K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sundouloi Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sundouloi Ministries Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $460K |
| Total Expenses | $501K |
| Surplus / Deficit | $-41,042 |
| Total Assets | $60K |
| Total Liabilities | $2K |
| Net Assets | $58K |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2023, Sundouloi Ministries Inc reported a deficit of $41K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sundouloi Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.5% | -3.6% | -40.6% |
| 2022 | -19.2% | -24.1% | -27.4% |
| 2021 | -2.7% | +57.4% | -39.1% |
| 2020 | +31.1% | -17.6% | +311.4% |
| 2019 | -19.0% | -6.8% | -53.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Sundouloi Ministries Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Sundouloi Ministries Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure which can maximize funds available for programs, especially for an organization of its size with revenues typically under $600,000.
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 Sundouloi Ministries Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023, 2022, 2021 expenses exceeded revenue)
- Declining asset base from $228,428 in 2020 to $60,008 in 2023
- Lack of detailed expense breakdown (program, admin, fundraising) in available data makes full efficiency assessment difficult
Strengths
The following positive indicators were identified for Sundouloi Ministries Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and potentially more funds for mission
- Low liabilities across all reported periods, suggesting good debt management
- Consistent IRS 990 filing history over 13 periods demonstrates regulatory compliance
Frequently Asked Questions about Sundouloi Ministries Inc
Is Sundouloi Ministries Inc a legitimate charity?
Sundouloi Ministries Inc (EIN: 203459054) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $421K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Sundouloi Ministries Inc spend its money?
Sundouloi Ministries Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sundouloi Ministries Inc tax-deductible?
Sundouloi Ministries Inc is registered as a tax-exempt nonprofit (EIN: 203459054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sundouloi Ministries Inc CEO make?
Sundouloi Ministries Inc's highest-compensated officer earns $600,000. annually. The organization reported $421K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sundouloi Ministries Inc's spending goes to programs?
Sundouloi Ministries Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sundouloi Ministries Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Sundouloi Ministries Inc is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sundouloi Ministries Inc located?
Sundouloi Ministries Inc is headquartered in Greenwood, Indiana and files with the IRS under EIN 203459054. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Sundouloi Ministries Inc have?
Sundouloi Ministries 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 $421K in total revenue.
Is Sundouloi Ministries Inc. financially sustainable given recent operating deficits?
The organization has experienced expenses exceeding revenue in several recent periods (e.g., 2023, 2022, 2021), leading to a decline in assets from $228,428 in 2020 to $60,008 in 2023. This trend raises concerns about long-term financial sustainability if not addressed.
How does the absence of officer compensation impact the organization?
The consistent reporting of 0% officer compensation suggests a volunteer-driven leadership. While this can free up funds for programmatic activities, it also raises questions about the capacity and professional management of an organization with annual revenues often exceeding $400,000.
What is the trend in the organization's assets?
Assets have shown significant fluctuation, peaking at $228,428 in 2020 and subsequently declining to $60,008 by 2023. This decline correlates with periods of expenses exceeding revenue.
Filing History
IRS 990 filing history for Sundouloi Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sundouloi Ministries Inc's revenue has grown by 0.2%, moving from $459K to $460K. Total assets increased by 39% over the same period, from $43K to $60K. Total functional expenses rose by 12.1%, from $447K to $501K. In its most recent filing year (2023), Sundouloi Ministries Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $2K in liabilities against $60K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $58K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $460K | $501K | $60K | $2K | — | — |
| 2022 | $481K | $519K | $101K | $2K | — | View 990 |
| 2021 | $596K | $684K | $139K | $2K | — | View 990 |
| 2020 | $612K | $435K | $228K | $2K | — | View 990 |
| 2019 | $467K | $527K | $56K | $6K | — | View 990 |
| 2018 | $577K | $566K | $119K | $9K | — | View 990 |
| 2017 | $543K | $518K | $102K | $3K | — | View 990 |
| 2016 | $635K | $592K | $77K | $3K | — | View 990 |
| 2015 | $492K | $471K | $33K | $1K | — | View 990 |
| 2014 | $430K | $459K | $19K | $8K | — | View 990 |
| 2013 | $483K | $472K | $43K | $3K | — | View 990 |
| 2012 | $446K | $452K | $31K | $2K | — | View 990 |
| 2011 | $459K | $447K | $43K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $460K, expenses of $501K, and assets of $60K (revenue -4.5% year-over-year).
- 2022: Revenue of $481K, expenses of $519K, and assets of $101K (revenue -19.2% year-over-year).
- 2021: Revenue of $596K, expenses of $684K, and assets of $139K (revenue -2.7% year-over-year).
- 2020: Revenue of $612K, expenses of $435K, and assets of $228K (revenue +31.1% year-over-year).
- 2019: Revenue of $467K, expenses of $527K, and assets of $56K (revenue -19.0% year-over-year).
- 2018: Revenue of $577K, expenses of $566K, and assets of $119K (revenue +6.2% year-over-year).
- 2017: Revenue of $543K, expenses of $518K, and assets of $102K (revenue -14.4% year-over-year).
- 2016: Revenue of $635K, expenses of $592K, and assets of $77K (revenue +29.1% year-over-year).
- 2015: Revenue of $492K, expenses of $471K, and assets of $33K (revenue +14.3% year-over-year).
- 2014: Revenue of $430K, expenses of $459K, and assets of $19K (revenue -11.0% year-over-year).
- 2013: Revenue of $483K, expenses of $472K, and assets of $43K (revenue +8.3% year-over-year).
- 2012: Revenue of $446K, expenses of $452K, and assets of $31K (revenue -2.7% year-over-year).
- 2011: Revenue of $459K, expenses of $447K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sundouloi Ministries Inc:
Data Sources and Methodology
This transparency report for Sundouloi 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.