Angel Hearts Childcare Ministry 2 Inc
EIN: 475626830 · Indianapolis, IN · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $296K |
| Total Expenses | $293K |
| Net Assets | $8K |
Is Angel Hearts Childcare Ministry 2 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Angel Hearts Childcare Ministry 2 Inc
Angel Hearts Childcare Ministry 2 Inc (EIN: 475626830) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B21. The organization reported total revenue of $296K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Angel Hearts Childcare Ministry 2 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Angel Hearts Childcare Ministry 2 Inc is a small nonprofit that has been operating for 5 years, with 5 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $296K |
| Total Expenses | $293K |
| Surplus / Deficit | +$3K |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | 0.9% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2023, Angel Hearts Childcare Ministry 2 Inc reported a surplus of $3K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2017–2023), Angel Hearts Childcare Ministry 2 Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.1% | +41.3% | +52.3% |
| 2022 | +21.5% | +19.3% | — |
| 2019 | -20.7% | -22.1% | — |
| 2018 | -23.8% | -23.0% | -234200.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Angel Hearts Childcare Ministry 2 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 Angel Hearts Childcare Ministry 2 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 $3K, with revenue exceeding expenses.
Frequently Asked Questions about Angel Hearts Childcare Ministry 2 Inc
Is Angel Hearts Childcare Ministry 2 Inc a legitimate charity?
Angel Hearts Childcare Ministry 2 Inc (EIN: 475626830) is a registered tax-exempt nonprofit based in Indiana. It has 5 years of IRS 990 filings on record. Total revenue: $296K. No red flags identified. Financial health grade: A.
How does Angel Hearts Childcare Ministry 2 Inc spend its money?
Angel Hearts Childcare Ministry 2 Inc reported $296K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Angel Hearts Childcare Ministry 2 Inc tax-deductible?
Angel Hearts Childcare Ministry 2 Inc is registered as a tax-exempt nonprofit (EIN: 475626830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Angel Hearts Childcare Ministry 2 Inc located?
Angel Hearts Childcare Ministry 2 Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 475626830. It is classified under NTEE code B21.
How many years of IRS 990 filings does Angel Hearts Childcare Ministry 2 Inc have?
Angel Hearts Childcare Ministry 2 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. The most recent filing shows $296K in total revenue.
Filing History
IRS 990 filing history for Angel Hearts Childcare Ministry 2 Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2017–2023), Angel Hearts Childcare Ministry 2 Inc's revenue has grown by 2.2%, moving from $290K to $296K. Total assets increased by 811400% over the same period, from $1 to $8K. Total functional expenses rose by 1.2%, from $290K to $293K. In its most recent filing year (2023), Angel Hearts Childcare Ministry 2 Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $296K | $293K | $8K | $0 | — | — |
| 2022 | $213K | $208K | $5K | $0 | — | View 990 |
| 2019 | $175K | $174K | $-1,195 | $1K | — | — |
| 2018 | $221K | $223K | $-2,341 | $2K | — | — |
| 2017 | $290K | $290K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $296K, expenses of $293K, and assets of $8K (revenue +39.1% year-over-year).
- 2022: Revenue of $213K, expenses of $208K, and assets of $5K (revenue +21.5% year-over-year).
- 2019: Revenue of $175K, expenses of $174K, and assets of $-1,195 (revenue -20.7% year-over-year).
- 2018: Revenue of $221K, expenses of $223K, and assets of $-2,341 (revenue -23.8% year-over-year).
- 2017: Revenue of $290K, expenses of $290K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Angel Hearts Childcare Ministry 2 Inc:
Data Sources and Methodology
This transparency report for Angel Hearts Childcare Ministry 2 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.