Abundant Life Ministries In Honduras
EIN: 720996957 · Shreveport, LA · NTEE: X20Z
| Metric | Value |
|---|---|
| Total Revenue | $100K |
| Total Expenses | $86K |
| Net Assets | $25K |
Is Abundant Life Ministries In Honduras Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Abundant Life Ministries In Honduras
Abundant Life Ministries In Honduras (EIN: 720996957) is a nonprofit organization based in Shreveport, LA, classified under NTEE code X20Z. The organization reported total revenue of $100K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abundant Life Ministries In Honduras's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abundant Life Ministries In Honduras is a micro nonprofit that has been operating for 42 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of -17.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $86K |
| Surplus / Deficit | +$14K |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | 13.9% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2020, Abundant Life Ministries In Honduras reported a surplus of $14K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2012–2020), Abundant Life Ministries In Honduras's revenue has declined at a compound annual growth rate (CAGR) of -17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +25.4% | -5.3% | +120.7% |
| 2019 | +63.1% | -13.4% | -49.5% |
| 2018 | -74.9% | -50.3% | -71.2% |
| 2017 | -24.4% | -13.2% | -17.6% |
| 2016 | -9.1% | -9.9% | +16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Abundant Life Ministries In Honduras 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 Abundant Life Ministries In Honduras 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Frequently Asked Questions about Abundant Life Ministries In Honduras
Is Abundant Life Ministries In Honduras a legitimate charity?
Based on AI analysis of IRS 990 filings, Abundant Life Ministries In Honduras (EIN: 720996957) insufficient data. 0 red flags identified, 0 strengths noted.
How does Abundant Life Ministries In Honduras spend its money?
Detailed spending breakdown data is not yet available for Abundant Life Ministries In Honduras. Check back for updated IRS 990 analysis.
Are donations to Abundant Life Ministries In Honduras tax-deductible?
Abundant Life Ministries In Honduras is registered as a tax-exempt nonprofit (EIN: 720996957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Abundant Life Ministries In Honduras located?
Abundant Life Ministries In Honduras is headquartered in Shreveport, Louisiana and files with the IRS under EIN 720996957. It is classified under NTEE code X20Z.
How many years of IRS 990 filings does Abundant Life Ministries In Honduras have?
Abundant Life Ministries In Honduras has 9 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 $100K in total revenue.
Filing History
IRS 990 filing history for Abundant Life Ministries In Honduras showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Abundant Life Ministries In Honduras's revenue has declined by 78.5%, moving from $464K to $100K. Total assets decreased by 80.5% over the same period, from $130K to $25K. Total functional expenses fell by 80.7%, from $444K to $86K. In its most recent filing year (2020), Abundant Life Ministries In Honduras reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $100K | $86K | $25K | $0 | — | View 990 |
| 2019 | $80K | $91K | $11K | $0 | — | View 990 |
| 2018 | $49K | $105K | $23K | $0 | — | View 990 |
| 2017 | $194K | $211K | $79K | $0 | — | View 990 |
| 2016 | $257K | $243K | $96K | $0 | — | View 990 |
| 2015 | $282K | $270K | $82K | $0 | — | View 990 |
| 2014 | $326K | $334K | $69K | $0 | — | View 990 |
| 2013 | $297K | $349K | $77K | $0 | — | View 990 |
| 2012 | $464K | $444K | $130K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $100K, expenses of $86K, and assets of $25K (revenue +25.4% year-over-year).
- 2019: Revenue of $80K, expenses of $91K, and assets of $11K (revenue +63.1% year-over-year).
- 2018: Revenue of $49K, expenses of $105K, and assets of $23K (revenue -74.9% year-over-year).
- 2017: Revenue of $194K, expenses of $211K, and assets of $79K (revenue -24.4% year-over-year).
- 2016: Revenue of $257K, expenses of $243K, and assets of $96K (revenue -9.1% year-over-year).
- 2015: Revenue of $282K, expenses of $270K, and assets of $82K (revenue -13.4% year-over-year).
- 2014: Revenue of $326K, expenses of $334K, and assets of $69K (revenue +9.8% year-over-year).
- 2013: Revenue of $297K, expenses of $349K, and assets of $77K (revenue -36.0% year-over-year).
- 2012: Revenue of $464K, expenses of $444K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abundant Life Ministries In Honduras:
Data Sources and Methodology
This transparency report for Abundant Life Ministries In Honduras 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.