222 Corps Ministries Inc
EIN: 464235105 · Grafton, WI · NTEE: P46
| Metric | Value |
|---|---|
| Total Revenue | $96K |
| Total Expenses | $114K |
| Net Assets | $13K |
Is 222 Corps Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 222 Corps Ministries Inc
222 Corps Ministries Inc (EIN: 464235105) is a nonprofit organization based in Grafton, WI, classified under NTEE code P46. The organization reported total revenue of $96K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 222 Corps Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
222 Corps Ministries Inc is a micro nonprofit that has been operating for 10 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $114K |
| Surplus / Deficit | $-1,729 |
| Total Assets | $15K |
| Total Liabilities | $2K |
| Net Assets | $13K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 13.7% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, 222 Corps Ministries Inc reported a deficit of $2K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 13.7% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), 222 Corps Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.5% | -11.3% | -10.6% |
| 2022 | +12.1% | +14.0% | +8.3% |
| 2021 | -11.3% | -7.9% | +25.2% |
| 2020 | +20.5% | +5.9% | +197.1% |
| 2019 | -15.1% | -3.6% | -64.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 222 Corps Ministries Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 222 Corps Ministries Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.7%.
Frequently Asked Questions about 222 Corps Ministries Inc
Is 222 Corps Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 222 Corps Ministries Inc (EIN: 464235105) insufficient data. 0 red flags identified, 0 strengths noted.
How does 222 Corps Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for 222 Corps Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to 222 Corps Ministries Inc tax-deductible?
222 Corps Ministries Inc is registered as a tax-exempt nonprofit (EIN: 464235105). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 222 Corps Ministries Inc located?
222 Corps Ministries Inc is headquartered in Grafton, Wisconsin and files with the IRS under EIN 464235105. It is classified under NTEE code P46.
How many years of IRS 990 filings does 222 Corps Ministries Inc have?
222 Corps Ministries Inc has 10 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 $96K in total revenue.
Filing History
IRS 990 filing history for 222 Corps Ministries Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), 222 Corps Ministries Inc's revenue has grown by 1.4%, moving from $110K to $112K. Total assets decreased by 50.1% over the same period, from $29K to $15K. Total functional expenses rose by 21.3%, from $94K to $114K. In its most recent filing year (2023), 222 Corps Ministries Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $2K in liabilities against $15K in assets (debt-to-asset ratio: 13.7%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $114K | $15K | $2K | — | — |
| 2022 | $129K | $128K | $16K | $2K | — | View 990 |
| 2021 | $116K | $112K | $15K | $2K | — | View 990 |
| 2020 | $130K | $122K | $12K | $2K | — | — |
| 2019 | $108K | $115K | $4K | $2K | — | — |
| 2018 | $127K | $120K | $11K | $2K | — | View 990 |
| 2017 | $132K | $138K | $4K | $2K | — | View 990 |
| 2016 | $105K | $109K | $11K | $3K | — | View 990 |
| 2015 | $103K | $120K | $14K | $2K | — | View 990 |
| 2014 | $110K | $94K | $29K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $114K, and assets of $15K (revenue -13.5% year-over-year).
- 2022: Revenue of $129K, expenses of $128K, and assets of $16K (revenue +12.1% year-over-year).
- 2021: Revenue of $116K, expenses of $112K, and assets of $15K (revenue -11.3% year-over-year).
- 2020: Revenue of $130K, expenses of $122K, and assets of $12K (revenue +20.5% year-over-year).
- 2019: Revenue of $108K, expenses of $115K, and assets of $4K (revenue -15.1% year-over-year).
- 2018: Revenue of $127K, expenses of $120K, and assets of $11K (revenue -3.7% year-over-year).
- 2017: Revenue of $132K, expenses of $138K, and assets of $4K (revenue +26.1% year-over-year).
- 2016: Revenue of $105K, expenses of $109K, and assets of $11K (revenue +1.8% year-over-year).
- 2015: Revenue of $103K, expenses of $120K, and assets of $14K (revenue -6.8% year-over-year).
- 2014: Revenue of $110K, expenses of $94K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 222 Corps Ministries Inc:
Data Sources and Methodology
This transparency report for 222 Corps 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.