Apostolic Tabernacle Ministries
EIN: 872062670 · Carolina Shor, NC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $182K |
| Total Expenses | $142K |
| Net Assets | $42K |
Is Apostolic Tabernacle Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Apostolic Tabernacle Ministries
Apostolic Tabernacle Ministries (EIN: 872062670) is a nonprofit organization based in Carolina Shor, NC, classified under NTEE code X20. The organization reported total revenue of $182K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apostolic Tabernacle Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apostolic Tabernacle Ministries is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 39.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $142K |
| Surplus / Deficit | +$41K |
| Total Assets | $49K |
| Total Liabilities | $8K |
| Net Assets | $42K |
| Operating Margin | 22.4% |
| Debt-to-Asset Ratio | 15.7% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Apostolic Tabernacle Ministries reported a surplus of $41K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 15.7% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Apostolic Tabernacle Ministries's revenue has grown at a compound annual growth rate (CAGR) of 39.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.9% | +7.5% | +556.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Apostolic Tabernacle 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 Apostolic Tabernacle 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 $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.7%.
Frequently Asked Questions about Apostolic Tabernacle Ministries
Is Apostolic Tabernacle Ministries a legitimate charity?
Apostolic Tabernacle Ministries (EIN: 872062670) is a registered tax-exempt nonprofit based in North Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $182K. No red flags identified. Financial health grade: A.
How does Apostolic Tabernacle Ministries spend its money?
Apostolic Tabernacle Ministries reported $182K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Apostolic Tabernacle Ministries tax-deductible?
Apostolic Tabernacle Ministries is registered as a tax-exempt nonprofit (EIN: 872062670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Apostolic Tabernacle Ministries located?
Apostolic Tabernacle Ministries is headquartered in Carolina Shor, North Carolina and files with the IRS under EIN 872062670. It is classified under NTEE code X20.
How many years of IRS 990 filings does Apostolic Tabernacle Ministries have?
Apostolic Tabernacle Ministries has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $182K in total revenue.
Filing History
IRS 990 filing history for Apostolic Tabernacle Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Apostolic Tabernacle Ministries's revenue has grown by 39.9%, moving from $130K to $182K. Total assets increased by 556% over the same period, from $8K to $49K. Total functional expenses rose by 7.5%, from $132K to $142K. In its most recent filing year (2023), Apostolic Tabernacle Ministries reported a surplus of $41K, with revenue exceeding expenses. The organization holds $8K in liabilities against $49K in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $42K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $142K | $49K | $8K | — | — |
| 2022 | $130K | $132K | $8K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apostolic Tabernacle Ministries:
Data Sources and Methodology
This transparency report for Apostolic Tabernacle 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.