Amish Mutual Mortgage Fund
EIN: 351798265 · Nappanee, IN · NTEE: X12
Is Amish Mutual Mortgage Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amish Mutual Mortgage Fund
Amish Mutual Mortgage Fund (EIN: 351798265) is a nonprofit organization based in Nappanee, IN, classified under NTEE code X12. The organization reported total revenue of $4.9M and total assets of $93.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amish Mutual Mortgage Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amish Mutual Mortgage Fund is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 18.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$569K |
| Total Assets | $91.2M |
| Total Liabilities | $90.5M |
| Net Assets | $714K |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 99.2% |
| Months of Reserves | 280.6 months |
Financial Health Grade: A
In 2023, Amish Mutual Mortgage Fund reported a surplus of $569K with revenue exceeding expenses, holds 280.6 months of operating reserves (strong position), has a debt-to-asset ratio of 99.2% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Amish Mutual Mortgage Fund's revenue has grown at a compound annual growth rate (CAGR) of 18.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.6% | +62.3% | -0.4% |
| 2022 | +19.6% | +13.6% | +7.9% |
| 2021 | +12.8% | +8.9% | +23.3% |
| 2020 | -3.7% | +3.4% | +11.1% |
| 2019 | +6.3% | +15.0% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Amish Mutual Mortgage Fund 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 Amish Mutual Mortgage Fund 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 $569K, with revenue exceeding expenses.
- Debt-to-asset ratio: 99.2%.
Frequently Asked Questions about Amish Mutual Mortgage Fund
Is Amish Mutual Mortgage Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Amish Mutual Mortgage Fund (EIN: 351798265) insufficient data. 0 red flags identified, 0 strengths noted.
How does Amish Mutual Mortgage Fund spend its money?
Detailed spending breakdown data is not yet available for Amish Mutual Mortgage Fund. Check back for updated IRS 990 analysis.
Are donations to Amish Mutual Mortgage Fund tax-deductible?
Amish Mutual Mortgage Fund is registered as a tax-exempt nonprofit (EIN: 351798265). 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 Amish Mutual Mortgage Fund showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Amish Mutual Mortgage Fund's revenue has grown by 449.9%, moving from $813K to $4.5M. Total assets increased by 196.4% over the same period, from $30.8M to $91.2M. Total functional expenses rose by 386.3%, from $802K to $3.9M. In its most recent filing year (2023), Amish Mutual Mortgage Fund reported a surplus of $569K, with revenue exceeding expenses. The organization holds $90.5M in liabilities against $91.2M in assets (debt-to-asset ratio: 99.2%), resulting in net assets of $714K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $3.9M | $91.2M | $90.5M | — | — |
| 2022 | $2.5M | $2.4M | $91.6M | $91.3M | — | — |
| 2021 | $2.1M | $2.1M | $84.8M | $84.3M | — | View 990 |
| 2020 | $1.9M | $1.9M | $68.8M | $68.3M | — | — |
| 2019 | $2.0M | $1.9M | $61.9M | $61.5M | — | View 990 |
| 2018 | $1.8M | $1.6M | $58.6M | $58.3M | — | View 990 |
| 2017 | $1.5M | $1.5M | $55.8M | $55.5M | — | View 990 |
| 2016 | $1.3M | $1.3M | $49.0M | $48.9M | — | View 990 |
| 2015 | $1.2M | $1.1M | $41.3M | $41.2M | — | View 990 |
| 2014 | $1.0M | $1.0M | $35.0M | $35.0M | — | View 990 |
| 2013 | $813K | $802K | $30.8M | $30.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $3.9M, and assets of $91.2M (revenue +75.6% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.4M, and assets of $91.6M (revenue +19.6% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.1M, and assets of $84.8M (revenue +12.8% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.9M, and assets of $68.8M (revenue -3.7% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.9M, and assets of $61.9M (revenue +6.3% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.6M, and assets of $58.6M (revenue +20.1% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $55.8M (revenue +14.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $49.0M (revenue +13.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $41.3M (revenue +15.2% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.0M, and assets of $35.0M (revenue +25.7% year-over-year).
- 2013: Revenue of $813K, expenses of $802K, and assets of $30.8M.
Data Sources and Methodology
This transparency report for Amish Mutual Mortgage Fund 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.