Alabaster Project Ministries Inc
EIN: 582474903 · Cassville, GA · NTEE: X20
Is Alabaster Project 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 Alabaster Project Ministries Inc
Alabaster Project Ministries Inc (EIN: 582474903) is a nonprofit organization based in Cassville, GA, classified under NTEE code X20. The organization reported total revenue of $147K and total assets of $510K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabaster Project Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabaster Project Ministries Inc is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $180K |
| Surplus / Deficit | $-32,581 |
| Total Assets | $539K |
| Net Assets | $539K |
| Operating Margin | -22.1% |
| Months of Reserves | 35.9 months |
Financial Health Grade: B
In 2022, Alabaster Project Ministries Inc reported a deficit of $33K with expenses exceeding revenue, holds 35.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Alabaster Project Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -18.4% | -15.2% | -5.7% |
| 2021 | +74.9% | +151.8% | -5.2% |
| 2020 | -53.4% | -18.0% | +3.3% |
| 2019 | +99.8% | -20.4% | +25.6% |
| 2018 | +22.3% | +25.4% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7210 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alabaster Project 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 Alabaster Project 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
Frequently Asked Questions about Alabaster Project Ministries Inc
Is Alabaster Project Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabaster Project Ministries Inc (EIN: 582474903) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alabaster Project Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Alabaster Project Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Alabaster Project Ministries Inc tax-deductible?
Alabaster Project Ministries Inc is registered as a tax-exempt nonprofit (EIN: 582474903). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Alabaster Project Ministries Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Alabaster Project Ministries Inc's revenue has grown by 47.7%, moving from $100K to $148K. Total assets increased by 29.6% over the same period, from $416K to $539K. Total functional expenses rose by 147.3%, from $73K to $180K. In its most recent filing year (2022), Alabaster Project Ministries Inc reported a deficit of $33K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $148K | $180K | $539K | $0 | — | View 990 |
| 2021 | $181K | $213K | $571K | $0 | — | View 990 |
| 2020 | $103K | $84K | $603K | $0 | — | — |
| 2019 | $222K | $103K | $584K | $0 | — | View 990 |
| 2018 | $111K | $129K | $465K | $0 | — | View 990 |
| 2017 | $91K | $103K | $483K | $0 | — | View 990 |
| 2016 | $87K | $113K | $496K | $0 | — | — |
| 2015 | $83K | $100K | $521K | $0 | — | View 990 |
| 2014 | $129K | $122K | $538K | $0 | — | View 990 |
| 2013 | $149K | $106K | $531K | $0 | — | View 990 |
| 2012 | $149K | $76K | $488K | $0 | — | View 990 |
| 2011 | $100K | $73K | $416K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $148K, expenses of $180K, and assets of $539K (revenue -18.4% year-over-year).
- 2021: Revenue of $181K, expenses of $213K, and assets of $571K (revenue +74.9% year-over-year).
- 2020: Revenue of $103K, expenses of $84K, and assets of $603K (revenue -53.4% year-over-year).
- 2019: Revenue of $222K, expenses of $103K, and assets of $584K (revenue +99.8% year-over-year).
- 2018: Revenue of $111K, expenses of $129K, and assets of $465K (revenue +22.3% year-over-year).
- 2017: Revenue of $91K, expenses of $103K, and assets of $483K (revenue +4.0% year-over-year).
- 2016: Revenue of $87K, expenses of $113K, and assets of $496K (revenue +4.8% year-over-year).
- 2015: Revenue of $83K, expenses of $100K, and assets of $521K (revenue -35.4% year-over-year).
- 2014: Revenue of $129K, expenses of $122K, and assets of $538K (revenue -13.7% year-over-year).
- 2013: Revenue of $149K, expenses of $106K, and assets of $531K (revenue +0.4% year-over-year).
- 2012: Revenue of $149K, expenses of $76K, and assets of $488K (revenue +48.9% year-over-year).
- 2011: Revenue of $100K, expenses of $73K, and assets of $416K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabaster Project Ministries Inc:
Data Sources and Methodology
This transparency report for Alabaster Project 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.