Acres Of Hope Ministry Inc
EIN: 465434426 · Norwalk, WI · NTEE: X20
| Metric | Value |
|---|---|
| Total Expenses | $130K |
| Net Assets | $120K |
Is Acres Of Hope Ministry Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Acres Of Hope Ministry Inc
Acres Of Hope Ministry Inc (EIN: 465434426) is a nonprofit organization based in Norwalk, WI, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acres Of Hope Ministry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Acres Of Hope Ministry Inc is a small nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $130K |
| Surplus / Deficit | +$27K |
| Total Assets | $420K |
| Total Liabilities | $300K |
| Net Assets | $120K |
| Operating Margin | 17.2% |
| Debt-to-Asset Ratio | 71.3% |
| Months of Reserves | 38.9 months |
Financial Health Grade: A
In 2023, Acres Of Hope Ministry Inc reported a surplus of $27K with revenue exceeding expenses, holds 38.9 months of operating reserves (strong position), has a debt-to-asset ratio of 71.3% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Acres Of Hope Ministry Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.2% | -2.4% | +9.7% |
| 2022 | +27.8% | +45.1% | +8.6% |
| 2021 | +25.0% | +0.7% | +7.1% |
| 2020 | -8.3% | -22.1% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Acres Of Hope Ministry 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 Acres Of Hope Ministry 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 surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.3%.
Frequently Asked Questions about Acres Of Hope Ministry Inc
Is Acres Of Hope Ministry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Acres Of Hope Ministry Inc (EIN: 465434426) insufficient data. 0 red flags identified, 0 strengths noted.
How does Acres Of Hope Ministry Inc spend its money?
Detailed spending breakdown data is not yet available for Acres Of Hope Ministry Inc. Check back for updated IRS 990 analysis.
Are donations to Acres Of Hope Ministry Inc tax-deductible?
Acres Of Hope Ministry Inc is registered as a tax-exempt nonprofit (EIN: 465434426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Acres Of Hope Ministry Inc located?
Acres Of Hope Ministry Inc is headquartered in Norwalk, Wisconsin and files with the IRS under EIN 465434426. It is classified under NTEE code X20.
How many years of IRS 990 filings does Acres Of Hope Ministry Inc have?
Acres Of Hope Ministry Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Acres Of Hope Ministry Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Acres Of Hope Ministry Inc's revenue has grown by 40.3%, moving from $112K to $157K. Total assets increased by 29.5% over the same period, from $325K to $420K. Total functional expenses rose by 11.1%, from $117K to $130K. In its most recent filing year (2023), Acres Of Hope Ministry Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $300K in liabilities against $420K in assets (debt-to-asset ratio: 71.3%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $130K | $420K | $300K | — | View 990 |
| 2022 | $164K | $133K | $383K | $311K | — | View 990 |
| 2021 | $128K | $92K | $353K | $315K | — | View 990 |
| 2020 | $102K | $91K | $329K | $327K | — | — |
| 2019 | $112K | $117K | $325K | $338K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $130K, and assets of $420K (revenue -4.2% year-over-year).
- 2022: Revenue of $164K, expenses of $133K, and assets of $383K (revenue +27.8% year-over-year).
- 2021: Revenue of $128K, expenses of $92K, and assets of $353K (revenue +25.0% year-over-year).
- 2020: Revenue of $102K, expenses of $91K, and assets of $329K (revenue -8.3% year-over-year).
- 2019: Revenue of $112K, expenses of $117K, and assets of $325K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Acres Of Hope Ministry Inc:
Data Sources and Methodology
This transparency report for Acres Of Hope Ministry 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.