Advancing Church Ministries
EIN: 421349088 · Cedar Rapids, IA · NTEE: X20Z
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $167K |
| Net Assets | $243K |
Is Advancing Church Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Advancing Church Ministries
Advancing Church Ministries (EIN: 421349088) is a nonprofit organization based in Cedar Rapids, IA, classified under NTEE code X20Z. The organization reported total revenue of $160K and total assets of $252K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advancing Church Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Advancing Church Ministries is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $167K |
| Surplus / Deficit | +$12K |
| Total Assets | $249K |
| Total Liabilities | $6K |
| Net Assets | $243K |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 17.9 months |
Financial Health Grade: A
In 2023, Advancing Church Ministries reported a surplus of $12K with revenue exceeding expenses, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Advancing Church Ministries's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | +1.4% | +7.8% |
| 2022 | +0.3% | +0.7% | +12.4% |
| 2021 | -16.0% | -16.8% | +14.0% |
| 2020 | +47.8% | +5.7% | +19.5% |
| 2019 | -21.4% | -4.8% | -18.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Advancing Church Ministries 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 Advancing Church Ministries 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Advancing Church Ministries
Is Advancing Church Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Advancing Church Ministries (EIN: 421349088) insufficient data. 0 red flags identified, 0 strengths noted.
How does Advancing Church Ministries spend its money?
Detailed spending breakdown data is not yet available for Advancing Church Ministries. Check back for updated IRS 990 analysis.
Are donations to Advancing Church Ministries tax-deductible?
Advancing Church Ministries is registered as a tax-exempt nonprofit (EIN: 421349088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Advancing Church Ministries located?
Advancing Church Ministries is headquartered in Cedar Rapids, Iowa and files with the IRS under EIN 421349088. It is classified under NTEE code X20Z.
How many years of IRS 990 filings does Advancing Church Ministries have?
Advancing Church Ministries 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 $160K in total revenue.
Filing History
IRS 990 filing history for Advancing Church Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Advancing Church Ministries's revenue has declined by 27.4%, moving from $247K to $180K. Total assets increased by 63.4% over the same period, from $153K to $249K. Total functional expenses fell by 29.5%, from $237K to $167K. In its most recent filing year (2023), Advancing Church Ministries reported a surplus of $12K, with revenue exceeding expenses. The organization holds $6K in liabilities against $249K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $243K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $180K | $167K | $249K | $6K | — | — |
| 2022 | $191K | $165K | $231K | $0 | — | — |
| 2021 | $190K | $164K | $206K | $0 | — | — |
| 2020 | $226K | $197K | $180K | $0 | — | View 990 |
| 2019 | $153K | $186K | $151K | $344 | — | View 990 |
| 2018 | $195K | $196K | $184K | $289 | — | View 990 |
| 2017 | $207K | $190K | $186K | $2K | — | View 990 |
| 2016 | $204K | $220K | $168K | $191 | — | View 990 |
| 2015 | $175K | $207K | $185K | $116 | — | View 990 |
| 2014 | $240K | $231K | $217K | $211 | — | View 990 |
| 2013 | $269K | $253K | $209K | $295 | — | View 990 |
| 2012 | $239K | $199K | $193K | $616 | — | View 990 |
| 2011 | $247K | $237K | $153K | $109 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $180K, expenses of $167K, and assets of $249K (revenue -5.7% year-over-year).
- 2022: Revenue of $191K, expenses of $165K, and assets of $231K (revenue +0.3% year-over-year).
- 2021: Revenue of $190K, expenses of $164K, and assets of $206K (revenue -16.0% year-over-year).
- 2020: Revenue of $226K, expenses of $197K, and assets of $180K (revenue +47.8% year-over-year).
- 2019: Revenue of $153K, expenses of $186K, and assets of $151K (revenue -21.4% year-over-year).
- 2018: Revenue of $195K, expenses of $196K, and assets of $184K (revenue -5.8% year-over-year).
- 2017: Revenue of $207K, expenses of $190K, and assets of $186K (revenue +1.4% year-over-year).
- 2016: Revenue of $204K, expenses of $220K, and assets of $168K (revenue +16.4% year-over-year).
- 2015: Revenue of $175K, expenses of $207K, and assets of $185K (revenue -27.0% year-over-year).
- 2014: Revenue of $240K, expenses of $231K, and assets of $217K (revenue -10.8% year-over-year).
- 2013: Revenue of $269K, expenses of $253K, and assets of $209K (revenue +12.8% year-over-year).
- 2012: Revenue of $239K, expenses of $199K, and assets of $193K (revenue -3.6% year-over-year).
- 2011: Revenue of $247K, expenses of $237K, and assets of $153K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Advancing Church Ministries:
Data Sources and Methodology
This transparency report for Advancing Church Ministries 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.