Sylvia Collins Ministries

Sylvia Collins Ministries shows consistent growth and zero reported officer compensation, but 2023 liabilities are high.

EIN: 202595149 · Huntsville, AL · NTEE: P33 · Updated: 2026-03-28

$225KRevenue
$290KAssets
80/100Mission Score (Excellent)
P33
Sylvia Collins Ministries Financial Summary
MetricValue
Total Revenue$225K
Total Expenses$237K
Program Spending85%
CEO/Top Officer Pay$273,368
Net Assets$42K
Transparency Score80/100

Is Sylvia Collins Ministries Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Sylvia Collins Ministries directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Sylvia Collins Ministries

Sylvia Collins Ministries (EIN: 202595149) is a nonprofit organization based in Huntsville, AL, classified under NTEE code P33. The organization reported total revenue of $225K and total assets of $290K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sylvia Collins Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

14Years Operating
SmallSize Classification
13Years of Filings
GrowingRevenue Trajectory

Sylvia Collins Ministries is a small nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$273K
Total Expenses$237K
Surplus / Deficit+$37K
Total Assets$273K
Total Liabilities$232K
Net Assets$42K
Operating Margin13.4%
Debt-to-Asset Ratio84.8%
Months of Reserves13.9 months

Financial Health Grade: A

In 2023, Sylvia Collins Ministries reported a surplus of $37K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 84.8% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Sylvia Collins Ministries's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+39.7%+24.2%+30.5%
2022+45.4%+83.8%+0.1%
2021+11.3%+35.9%+13.1%
2020+16.4%-22.0%+40.5%
2019+21.2%+42.2%+6.5%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2012

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Sylvia Collins Ministries demonstrates a pattern of consistent growth in revenue and assets over the past decade, with revenue increasing from $73,493 in 2014 to $273,368 in 2023. The organization consistently spends less than its revenue, allowing for asset accumulation, which reached $273,368 in 2023. A notable aspect is the reported 0% officer compensation across all available filings, suggesting a volunteer-led or very low-paid leadership structure, which can be a positive indicator of resource allocation directly to mission. However, the 2023 filing shows liabilities of $231,800 against assets of $273,368, indicating a high debt-to-asset ratio for that specific year, which warrants further investigation into the nature of these liabilities. The organization's spending efficiency appears generally sound, with expenses typically below revenue, contributing to a healthy asset base. The absence of reported officer compensation is a significant factor in its operational efficiency. While specific program spending percentages are not detailed in the provided data, the overall financial trend suggests a stable and growing organization. The high liabilities in 2023, however, introduce a potential concern regarding financial stability or specific operational changes in that period. Transparency regarding executive compensation is excellent, with consistent reporting of 0%. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a full assessment of spending efficiency and program focus is limited. The consistent growth and asset accumulation, alongside the volunteer-driven leadership, generally point towards a well-managed organization, but the 2023 liabilities are a point of concern for a deeper dive.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sylvia Collins Ministries with a Mission Score of 80 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, Sylvia Collins Ministries 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:

$273KTotal Revenue
$237KTotal Expenses
$273KTotal Assets
$232KTotal Liabilities
$42KNet Assets
  • The organization reported a surplus of $37K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 84.8%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led or extremely low-cost leadership structure, which is highly efficient for an organization of its size with revenue reaching $273,368 in 2023.

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 Sylvia Collins Ministries's IRS 990 filings:

  • High liabilities in 2023 ($231,800) relative to assets ($273,368), indicating a high debt-to-asset ratio for that year.

Strengths

The following positive indicators were identified for Sylvia Collins Ministries:

  • Consistent revenue growth from $73,493 in 2014 to $273,368 in 2023.
  • Consistent asset growth from $23,277 in 2015 to $273,368 in 2023 (excluding 2014 data point for asset growth comparison).
  • 0% reported officer compensation across all filings, indicating highly efficient leadership costs.
  • Expenses consistently below revenue, allowing for asset accumulation and financial stability.

Frequently Asked Questions about Sylvia Collins Ministries

Is Sylvia Collins Ministries a legitimate charity?

Sylvia Collins Ministries (EIN: 202595149) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $225K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Sylvia Collins Ministries spend its money?

Sylvia Collins Ministries directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Sylvia Collins Ministries tax-deductible?

Sylvia Collins Ministries is registered as a tax-exempt nonprofit (EIN: 202595149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Sylvia Collins Ministries CEO make?

Sylvia Collins Ministries's highest-compensated officer earns $273,368 annually. The organization reported $225K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Sylvia Collins Ministries's spending goes to programs?

Sylvia Collins Ministries directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Sylvia Collins Ministries compare to similar nonprofits?

With a transparency score of 80/100 (Excellent), Sylvia Collins Ministries is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Sylvia Collins Ministries located?

Sylvia Collins Ministries is headquartered in Huntsville, Alabama and files with the IRS under EIN 202595149. It is classified under NTEE code P33.

How many years of IRS 990 filings does Sylvia Collins Ministries have?

Sylvia Collins Ministries 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 $225K in total revenue.

What caused the significant increase in liabilities to $231,800 in 2023?

The provided data does not specify the nature of these liabilities. It could be related to a major project, property acquisition, or a temporary financial arrangement. Further investigation into the 2023 IRS 990 filing's balance sheet details would be necessary.

How does Sylvia Collins Ministries fund its operations without paying officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed towards its mission.

What are the specific program activities and their associated costs?

The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. To understand the specific program activities and their costs, a review of the full IRS 990, particularly Part IX, would be required.

Filing History

IRS 990 filing history for Sylvia Collins Ministries showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Sylvia Collins Ministries's revenue has grown by 287.3%, moving from $71K to $273K. Total assets increased by 1158% over the same period, from $22K to $273K. Total functional expenses rose by 384.7%, from $49K to $237K. In its most recent filing year (2023), Sylvia Collins Ministries reported a surplus of $37K, with revenue exceeding expenses. The organization holds $232K in liabilities against $273K in assets (debt-to-asset ratio: 84.8%), resulting in net assets of $42K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $273K $237K $273K $232K View 990
2022 $196K $191K $209K $0 View 990
2021 $135K $104K $209K $5K View 990
2020 $121K $76K $185K $11K
2019 $104K $98K $132K $3K View 990
2018 $86K $69K $124K $685 View 990
2017 $126K $58K $107K $813 View 990
2016 $86K $71K $39K $702 View 990
2015 $87K $77K $23K $485 View 990
2014 $73K $73K $40K $0 View 990
2013 $53K $50K $40K $0 View 990
2012 $79K $71K $38K $0 View 990
2011 $71K $49K $22K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $273K, expenses of $237K, and assets of $273K (revenue +39.7% year-over-year).
  • 2022: Revenue of $196K, expenses of $191K, and assets of $209K (revenue +45.4% year-over-year).
  • 2021: Revenue of $135K, expenses of $104K, and assets of $209K (revenue +11.3% year-over-year).
  • 2020: Revenue of $121K, expenses of $76K, and assets of $185K (revenue +16.4% year-over-year).
  • 2019: Revenue of $104K, expenses of $98K, and assets of $132K (revenue +21.2% year-over-year).
  • 2018: Revenue of $86K, expenses of $69K, and assets of $124K (revenue -32.1% year-over-year).
  • 2017: Revenue of $126K, expenses of $58K, and assets of $107K (revenue +46.0% year-over-year).
  • 2016: Revenue of $86K, expenses of $71K, and assets of $39K (revenue -0.6% year-over-year).
  • 2015: Revenue of $87K, expenses of $77K, and assets of $23K (revenue +18.3% year-over-year).
  • 2014: Revenue of $73K, expenses of $73K, and assets of $40K (revenue +39.6% year-over-year).
  • 2013: Revenue of $53K, expenses of $50K, and assets of $40K (revenue -33.0% year-over-year).
  • 2012: Revenue of $79K, expenses of $71K, and assets of $38K (revenue +11.3% year-over-year).
  • 2011: Revenue of $71K, expenses of $49K, and assets of $22K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Sylvia Collins Ministries:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Sylvia Collins Ministries 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.

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