Apostolic Ministries Inc
EIN: 720940644 · Metairie, LA · NTEE: X21Z
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $181K |
| Net Assets | $110K |
Is Apostolic 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 Apostolic Ministries Inc
Apostolic Ministries Inc (EIN: 720940644) is a nonprofit organization based in Metairie, LA, classified under NTEE code X21Z. The organization reported total revenue of $200K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apostolic Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apostolic Ministries Inc is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $181K |
| Surplus / Deficit | +$13K |
| Total Assets | $110K |
| Net Assets | $110K |
| Operating Margin | 6.6% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Apostolic Ministries Inc reported a surplus of $13K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Apostolic Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +9.3% | +13.2% |
| 2022 | -7.6% | +3.5% | +24.6% |
| 2021 | +15.5% | -5.7% | +105.1% |
| 2020 | -14.6% | -12.8% | +9.9% |
| 2019 | +10.3% | +12.4% | +30.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Apostolic 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 Apostolic 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Frequently Asked Questions about Apostolic Ministries Inc
Is Apostolic Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Apostolic Ministries Inc (EIN: 720940644) insufficient data. 0 red flags identified, 0 strengths noted.
How does Apostolic Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Apostolic Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Apostolic Ministries Inc tax-deductible?
Apostolic Ministries Inc is registered as a tax-exempt nonprofit (EIN: 720940644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Apostolic Ministries Inc located?
Apostolic Ministries Inc is headquartered in Metairie, Louisiana and files with the IRS under EIN 720940644. It is classified under NTEE code X21Z.
How many years of IRS 990 filings does Apostolic Ministries Inc have?
Apostolic Ministries Inc 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 $200K in total revenue.
Filing History
IRS 990 filing history for Apostolic Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Apostolic Ministries Inc's revenue has grown by 25.2%, moving from $155K to $194K. Total assets increased by 296.2% over the same period, from $28K to $110K. Total functional expenses rose by 15.6%, from $157K to $181K. In its most recent filing year (2023), Apostolic Ministries Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $181K | $110K | $0 | — | View 990 |
| 2022 | $185K | $166K | $97K | $0 | — | View 990 |
| 2021 | $200K | $160K | $78K | $0 | — | — |
| 2020 | $173K | $170K | $38K | $0 | — | — |
| 2019 | $203K | $195K | $35K | $0 | — | View 990 |
| 2018 | $184K | $173K | $27K | $0 | — | View 990 |
| 2017 | $176K | $168K | $16K | $0 | — | View 990 |
| 2016 | $197K | $187K | $12K | $3K | — | View 990 |
| 2015 | $160K | $160K | $6K | $8K | — | View 990 |
| 2014 | $151K | $148K | $11K | $12K | — | View 990 |
| 2013 | $147K | $162K | $12K | $16K | — | View 990 |
| 2012 | $157K | $150K | $31K | $20K | — | View 990 |
| 2011 | $155K | $157K | $28K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $194K, expenses of $181K, and assets of $110K (revenue +4.9% year-over-year).
- 2022: Revenue of $185K, expenses of $166K, and assets of $97K (revenue -7.6% year-over-year).
- 2021: Revenue of $200K, expenses of $160K, and assets of $78K (revenue +15.5% year-over-year).
- 2020: Revenue of $173K, expenses of $170K, and assets of $38K (revenue -14.6% year-over-year).
- 2019: Revenue of $203K, expenses of $195K, and assets of $35K (revenue +10.3% year-over-year).
- 2018: Revenue of $184K, expenses of $173K, and assets of $27K (revenue +4.7% year-over-year).
- 2017: Revenue of $176K, expenses of $168K, and assets of $16K (revenue -10.8% year-over-year).
- 2016: Revenue of $197K, expenses of $187K, and assets of $12K (revenue +23.2% year-over-year).
- 2015: Revenue of $160K, expenses of $160K, and assets of $6K (revenue +5.5% year-over-year).
- 2014: Revenue of $151K, expenses of $148K, and assets of $11K (revenue +3.2% year-over-year).
- 2013: Revenue of $147K, expenses of $162K, and assets of $12K (revenue -6.6% year-over-year).
- 2012: Revenue of $157K, expenses of $150K, and assets of $31K (revenue +1.4% year-over-year).
- 2011: Revenue of $155K, expenses of $157K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apostolic Ministries Inc:
Data Sources and Methodology
This transparency report for Apostolic 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.