Abundant Life Mission Inc
EIN: 472220529 · Menominee, MI · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $322K |
| Total Expenses | $238K |
| Net Assets | $151K |
Is Abundant Life Mission Inc 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 Mission Inc
Abundant Life Mission Inc (EIN: 472220529) is a nonprofit organization based in Menominee, MI, classified under NTEE code X20. The organization reported total revenue of $322K and total assets of $889K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abundant Life Mission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abundant Life Mission Inc is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2015–2021). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $238K |
| Surplus / Deficit | $-38,975 |
| Total Assets | $516K |
| Total Liabilities | $365K |
| Net Assets | $151K |
| Operating Margin | -19.6% |
| Debt-to-Asset Ratio | 70.8% |
| Months of Reserves | 26.0 months |
Financial Health Grade: C
In 2021, Abundant Life Mission Inc reported a deficit of $39K with expenses exceeding revenue, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 70.8% (high leverage).
Financial Trends
Over 7 years of filings (2015–2021), Abundant Life Mission Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +55.3% | -12.1% | -9.7% |
| 2020 | -52.9% | -32.2% | -5.3% |
| 2019 | +30.3% | +86.5% | -9.2% |
| 2018 | -43.1% | +18.0% | -2.7% |
| 2017 | +69.5% | +38.3% | +7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Abundant Life Mission 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 Abundant Life Mission 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.8%.
Frequently Asked Questions about Abundant Life Mission Inc
Is Abundant Life Mission Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Abundant Life Mission Inc (EIN: 472220529) insufficient data. 0 red flags identified, 0 strengths noted.
How does Abundant Life Mission Inc spend its money?
Detailed spending breakdown data is not yet available for Abundant Life Mission Inc. Check back for updated IRS 990 analysis.
Are donations to Abundant Life Mission Inc tax-deductible?
Abundant Life Mission Inc is registered as a tax-exempt nonprofit (EIN: 472220529). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Abundant Life Mission Inc located?
Abundant Life Mission Inc is headquartered in Menominee, Michigan and files with the IRS under EIN 472220529. It is classified under NTEE code X20.
How many years of IRS 990 filings does Abundant Life Mission Inc have?
Abundant Life Mission Inc has 7 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 $322K in total revenue.
Filing History
IRS 990 filing history for Abundant Life Mission Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2021), Abundant Life Mission Inc's revenue has declined by 6.4%, moving from $213K to $199K. Total assets increased by 21.5% over the same period, from $425K to $516K. Total functional expenses rose by 150.4%, from $95K to $238K. In its most recent filing year (2021), Abundant Life Mission Inc reported a deficit of $39K, with expenses exceeding revenue. The organization holds $365K in liabilities against $516K in assets (debt-to-asset ratio: 70.8%), resulting in net assets of $151K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $199K | $238K | $516K | $365K | — | View 990 |
| 2020 | $128K | $271K | $572K | $382K | — | View 990 |
| 2019 | $272K | $399K | $604K | $292K | — | View 990 |
| 2018 | $209K | $214K | $665K | $226K | — | View 990 |
| 2017 | $368K | $181K | $683K | $240K | — | View 990 |
| 2016 | $217K | $131K | $635K | $377K | — | View 990 |
| 2015 | $213K | $95K | $425K | $253K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $199K, expenses of $238K, and assets of $516K (revenue +55.3% year-over-year).
- 2020: Revenue of $128K, expenses of $271K, and assets of $572K (revenue -52.9% year-over-year).
- 2019: Revenue of $272K, expenses of $399K, and assets of $604K (revenue +30.3% year-over-year).
- 2018: Revenue of $209K, expenses of $214K, and assets of $665K (revenue -43.1% year-over-year).
- 2017: Revenue of $368K, expenses of $181K, and assets of $683K (revenue +69.5% year-over-year).
- 2016: Revenue of $217K, expenses of $131K, and assets of $635K (revenue +1.9% year-over-year).
- 2015: Revenue of $213K, expenses of $95K, and assets of $425K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abundant Life Mission Inc:
Data Sources and Methodology
This transparency report for Abundant Life Mission 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.