Ricardo A Bonfim Ministries Inc
Only null% goes to programs Declining revenue
Ricardo A Bonfim Ministries Inc is a 501(c)(3) organization based in Athens, Georgia, registered in 1988, with $829,649 in FY2024 revenue. CharityIndex grades it B.
Po Box 5188, Athens, GA, 30604 EIN 58-1574323 Since 1988
Revenue (FY2024)
$830K
▼ 2.5% vs prior year
Religion median: $139K
Expenses (FY2024)
$843K
Net assets
$297K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ricardo A Bonfim Ministries Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ricardo A Bonfim Ministries Inc: 4 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ricardo A Bonfim Ministries Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ricardo A Bonfim Ministries Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 5188, Athens, GA, 30604
- City
- Athens
- State
- Georgia
- Category
- Religion-Related
- Subcategory
- Christian Churches & Ministries
- Website
- …
Financial trends
Revenue held steady from $826K (FY2013) to $830K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $99KNet assets $297K
Operating margin
-1.6%
Spent more than it raised in the latest fiscal year.
Total assets
$396K
Total liabilities
$99K
Net assets
$297K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $829,649▼2.5% | $842,626▼2.9% | $297,358▼4.2% | $396,485▲6.1% | 990 |
| 2023 | $850,540▼20.2% | $867,359▼19.0% | $310,335▼5.1% | $373,655▼21.7% | 990 |
| 2022 | $1,066,192▲7.2% | $1,070,302▲16.9% | $327,154▼1.1% | $477,424▲41.2% | 990 |
| 2021 | $994,485▲37.0% | $915,737▲25.3% | $330,918▲31.2% | $338,060▲31.1% | 990 |
| 2020 | $725,784▼32.8% | $731,057▼25.0% | $252,168▼2.0% | $257,867▲0.1% | 990 |
| 2019 | $1,079,883▲8.2% | $975,172▼7.2% | $257,439▲68.6% | $257,483▲65.5% | 990 |
| 2018 | $998,504▼0.1% | $1,050,767▲9.2% | $152,728▼25.5% | $155,598▼25.8% | 990 |
| 2017 | $999,686▲11.9% | $962,449▲7.8% | $204,991▲22.2% | $209,656▲9.2% | 990 |
| 2016 | $893,768▼7.5% | $893,116▼1.9% | $167,754▲0.4% | $192,044▲12.5% | 990 |
| 2015 | $965,798▲6.0% | $909,978▼6.4% | $167,102▲50.2% | $170,677▲50.3% | 990 |
| 2014 | $911,498▲10.3% | $972,346▲21.9% | $111,282▼35.4% | $113,591▼36.6% | 990 |
| 2013 | $826,285 | $797,751▼13.2% | $172,130▲19.9% | $179,195▲23.0% | 990 |
| 2012 | — | $918,584▲23.3% | $143,596▼8.6% | $145,645▼8.8% | 990 |
| 2011 | — | $744,830 | $157,056▲25.7% | $159,774▲3.6% | 990 |
| 2010 | — | $745,112 | $124,963 | $154,241 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $264K total
28 grants to Ricardo A Bonfim Ministries Inc totaling $264K, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Ricardo A Bonfim Ministries Inc a legitimate nonprofit?
- Yes. Ricardo A Bonfim Ministries Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1574323, based in Athens, Georgia. Donations are tax-deductible.
- What is Ricardo A Bonfim Ministries Inc's EIN?
- Ricardo A Bonfim Ministries Inc's Employer Identification Number (EIN) is 58-1574323.
- How much revenue does Ricardo A Bonfim Ministries Inc report?
- Ricardo A Bonfim Ministries Inc reported $829,649 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ricardo A Bonfim Ministries Inc have?
- CharityIndex grades Ricardo A Bonfim Ministries Inc B, based on financial health (reserves and operating margin).
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Data for Ricardo A Bonfim Ministries Inc (EIN 58-1574323) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.