Abundant Ministries Inc
EIN: 260893564 · Cody, WY
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $57K |
| Net Assets | $9K |
Is Abundant 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 Abundant Ministries Inc
Abundant Ministries Inc (EIN: 260893564) is a nonprofit organization based in Cody, WY. The organization reported total revenue of $55K and total assets of $486 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abundant Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abundant Ministries Inc is a micro nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $57K |
| Surplus / Deficit | $-655 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -1.2% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Abundant Ministries Inc reported a deficit of $655 with expenses exceeding revenue, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Abundant Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | -3.7% | -6.7% |
| 2022 | -36.3% | -34.5% | -5.5% |
| 2021 | -13.8% | -14.0% | +18.4% |
| 2020 | +13.5% | +4.0% | +23.1% |
| 2019 | +20.6% | +16.9% | -49.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Abundant 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 Abundant 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 $655, with expenses exceeding revenue.
Frequently Asked Questions about Abundant Ministries Inc
Is Abundant Ministries Inc a legitimate charity?
Abundant Ministries Inc (EIN: 260893564) is a registered tax-exempt nonprofit based in Wyoming. It has 13 years of IRS 990 filings on record. Total revenue: $55K. No red flags identified. Financial health grade: C.
How does Abundant Ministries Inc spend its money?
Abundant Ministries Inc reported $55K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Abundant Ministries Inc tax-deductible?
Abundant Ministries Inc is registered as a tax-exempt nonprofit (EIN: 260893564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Abundant Ministries Inc located?
Abundant Ministries Inc is headquartered in Cody, Wyoming and files with the IRS under EIN 260893564.
How many years of IRS 990 filings does Abundant Ministries Inc have?
Abundant Ministries Inc has 13 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 $55K in total revenue.
Filing History
IRS 990 filing history for Abundant Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Abundant Ministries Inc's revenue has declined by 49.7%, moving from $112K to $56K. Total assets increased by 127.3% over the same period, from $4K to $9K. Total functional expenses fell by 49.4%, from $112K to $57K. In its most recent filing year (2023), Abundant Ministries Inc reported a deficit of $655, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $57K | $9K | $0 | — | View 990 |
| 2022 | $58K | $59K | $10K | $0 | — | — |
| 2021 | $92K | $90K | $10K | $0 | — | — |
| 2020 | $106K | $105K | $9K | $0 | — | — |
| 2019 | $94K | $101K | $7K | $0 | — | View 990 |
| 2018 | $78K | $86K | $14K | $0 | — | View 990 |
| 2017 | $173K | $163K | $23K | $0 | — | View 990 |
| 2016 | $156K | $151K | $13K | $0 | — | View 990 |
| 2015 | $88K | $82K | $8K | $0 | — | View 990 |
| 2014 | $63K | $61K | $2K | $0 | — | View 990 |
| 2013 | $30K | $30K | $355 | $0 | — | View 990 |
| 2012 | $90K | $93K | $355 | $0 | — | View 990 |
| 2011 | $112K | $112K | $4K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $57K, and assets of $9K (revenue -3.9% year-over-year).
- 2022: Revenue of $58K, expenses of $59K, and assets of $10K (revenue -36.3% year-over-year).
- 2021: Revenue of $92K, expenses of $90K, and assets of $10K (revenue -13.8% year-over-year).
- 2020: Revenue of $106K, expenses of $105K, and assets of $9K (revenue +13.5% year-over-year).
- 2019: Revenue of $94K, expenses of $101K, and assets of $7K (revenue +20.6% year-over-year).
- 2018: Revenue of $78K, expenses of $86K, and assets of $14K (revenue -54.9% year-over-year).
- 2017: Revenue of $173K, expenses of $163K, and assets of $23K (revenue +10.5% year-over-year).
- 2016: Revenue of $156K, expenses of $151K, and assets of $13K (revenue +77.7% year-over-year).
- 2015: Revenue of $88K, expenses of $82K, and assets of $8K (revenue +40.1% year-over-year).
- 2014: Revenue of $63K, expenses of $61K, and assets of $2K (revenue +110.4% year-over-year).
- 2013: Revenue of $30K, expenses of $30K, and assets of $355 (revenue -66.9% year-over-year).
- 2012: Revenue of $90K, expenses of $93K, and assets of $355 (revenue -19.5% year-over-year).
- 2011: Revenue of $112K, expenses of $112K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abundant Ministries Inc:
Data Sources and Methodology
This transparency report for Abundant 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.