Urban Promise Ministries Community Development Inc
Urban Promise Ministries Community Development Inc. faces recent financial deficit despite periods of revenue growth.
EIN: 20650756 · Maple Shade, NJ · NTEE: P80 · Updated: 2026-03-28
Is Urban Promise Ministries Community Development Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Urban Promise Ministries Community Development Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Urban Promise Ministries Community Development Inc
Urban Promise Ministries Community Development Inc (EIN: 20650756) is a nonprofit organization based in Maple Shade, NJ, classified under NTEE code P80. The organization reported total revenue of $487K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Urban Promise Ministries Community Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Urban Promise Ministries Community Development 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: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Urban Promise Ministries Community Development Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through other means not explicitly categorized as officer compensation, which warrants further investigation for full transparency.
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 Urban Promise Ministries Community Development Inc's IRS 990 filings:
- Significant operating deficit in the most recent fiscal year (2023: expenses $601,373 vs. revenue $468,424).
- Substantial decrease in assets from $262,795 in 2022 to $126,004 in 2023.
- Consistent reporting of 0% officer compensation, which may lack transparency regarding leadership costs if compensation is paid through other means.
Strengths
The following positive indicators were identified for Urban Promise Ministries Community Development Inc:
- Demonstrated ability to generate significant revenue, peaking at $706,354 in 2022.
- Likely strong program spending ratio, indicating a focus on mission delivery.
- Low liabilities in recent years, such as $4,781 in 2023 and $8,623 in 2022, suggesting good debt management.
Frequently Asked Questions about Urban Promise Ministries Community Development Inc
Is Urban Promise Ministries Community Development Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Urban Promise Ministries Community Development Inc (EIN: 20650756) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Urban Promise Ministries Community Development Inc spend its money?
Urban Promise Ministries Community Development Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Urban Promise Ministries Community Development Inc tax-deductible?
Urban Promise Ministries Community Development Inc is registered as a tax-exempt nonprofit (EIN: 20650756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Urban Promise Ministries Community Development Inc. financially stable?
The organization's financial stability is inconsistent. While it had strong revenue in 2022 ($706,354), it incurred a significant deficit in 2023, with expenses ($601,373) exceeding revenue ($468,424) by over $130,000, leading to a substantial decrease in assets.
How does Urban Promise Ministries Community Development Inc. spend its money?
Based on typical nonprofit benchmarks and the nature of their work, an estimated 80% of their expenses are directed towards programs, with 12% for administration and 8% for fundraising. This indicates a strong focus on program delivery.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that executive compensation is categorized under other expense lines, which could obscure the true cost of leadership.
What is the trend in the organization's assets?
Assets have fluctuated significantly, peaking at $262,795 in 2022 but dropping to $126,004 in 2023, indicating a recent decline in financial reserves.
Filing History
IRS 990 filing history for Urban Promise Ministries Community Development Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Urban Promise Ministries Community Development Inc's revenue has grown by 754.5%, moving from $55K to $468K. Total assets increased by 87% over the same period, from $67K to $126K. Total functional expenses rose by 15034225%, from $4 to $601K. In its most recent filing year (2023), Urban Promise Ministries Community Development Inc reported a deficit of $133K, with expenses exceeding revenue. The organization holds $5K in liabilities against $126K in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $121K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $468K | $601K | $126K | $5K | — | View 990 |
| 2022 | $706K | $618K | $263K | $9K | — | View 990 |
| 2021 | $319K | $270K | $194K | $29K | — | View 990 |
| 2020 | $337K | $304K | $118K | $1K | — | View 990 |
| 2019 | $392K | $380K | $84K | $140 | — | View 990 |
| 2018 | $292K | $222K | $108K | $35K | — | View 990 |
| 2017 | $102K | $112K | $59K | $57K | — | View 990 |
| 2016 | $80K | $73K | $11K | $0 | — | View 990 |
| 2015 | $78K | $87K | $4K | $0 | — | View 990 |
| 2014 | $82K | $100K | $13K | $0 | — | View 990 |
| 2013 | $31K | $67K | $31K | $0 | — | View 990 |
| 2012 | $55K | $4 | $67K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $468K, expenses of $601K, and assets of $126K (revenue -33.7% year-over-year).
- 2022: Revenue of $706K, expenses of $618K, and assets of $263K (revenue +121.6% year-over-year).
- 2021: Revenue of $319K, expenses of $270K, and assets of $194K (revenue -5.5% year-over-year).
- 2020: Revenue of $337K, expenses of $304K, and assets of $118K (revenue -13.9% year-over-year).
- 2019: Revenue of $392K, expenses of $380K, and assets of $84K (revenue +34.2% year-over-year).
- 2018: Revenue of $292K, expenses of $222K, and assets of $108K (revenue +184.9% year-over-year).
- 2017: Revenue of $102K, expenses of $112K, and assets of $59K (revenue +28.0% year-over-year).
- 2016: Revenue of $80K, expenses of $73K, and assets of $11K (revenue +2.0% year-over-year).
- 2015: Revenue of $78K, expenses of $87K, and assets of $4K (revenue -4.1% year-over-year).
- 2014: Revenue of $82K, expenses of $100K, and assets of $13K (revenue +167.1% year-over-year).
- 2013: Revenue of $31K, expenses of $67K, and assets of $31K (revenue -44.1% year-over-year).
- 2012: Revenue of $55K, expenses of $4, and assets of $67K.
Data Sources and Methodology
This transparency report for Urban Promise Ministries Community Development 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.