Broken Chains Jail & Prison Ministry
EIN: 542139891 · Akron, OH · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $963K |
| Total Expenses | $926K |
| Net Assets | $241K |
Is Broken Chains Jail & Prison Ministry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Broken Chains Jail & Prison Ministry
Broken Chains Jail & Prison Ministry (EIN: 542139891) is a nonprofit organization based in Akron, OH, classified under NTEE code X20. The organization reported total revenue of $963K and total assets of $437K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Broken Chains Jail & Prison Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Broken Chains Jail & Prison Ministry is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $931K |
| Total Expenses | $926K |
| Surplus / Deficit | +$4K |
| Total Assets | $434K |
| Total Liabilities | $193K |
| Net Assets | $241K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 44.6% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2023, Broken Chains Jail & Prison Ministry reported a surplus of $4K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 44.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Broken Chains Jail & Prison Ministry's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | +8.9% | -6.8% |
| 2022 | -17.3% | -6.6% | +4.1% |
| 2021 | +17.5% | +8.0% | +26.6% |
| 2020 | -3.5% | -5.4% | -6.6% |
| 2019 | +8.5% | +6.1% | +44.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Broken Chains Jail & Prison Ministry 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 Broken Chains Jail & Prison Ministry 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 $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.6%.
Frequently Asked Questions about Broken Chains Jail & Prison Ministry
Is Broken Chains Jail & Prison Ministry a legitimate charity?
Broken Chains Jail & Prison Ministry (EIN: 542139891) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $963K. No red flags identified. Financial health grade: A.
How does Broken Chains Jail & Prison Ministry spend its money?
Broken Chains Jail & Prison Ministry reported $963K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Broken Chains Jail & Prison Ministry tax-deductible?
Broken Chains Jail & Prison Ministry is registered as a tax-exempt nonprofit (EIN: 542139891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Broken Chains Jail & Prison Ministry located?
Broken Chains Jail & Prison Ministry is headquartered in Akron, Ohio and files with the IRS under EIN 542139891. It is classified under NTEE code X20.
How many years of IRS 990 filings does Broken Chains Jail & Prison Ministry have?
Broken Chains Jail & Prison Ministry 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 $963K in total revenue.
Filing History
IRS 990 filing history for Broken Chains Jail & Prison Ministry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Broken Chains Jail & Prison Ministry's revenue has grown by 426.5%, moving from $177K to $931K. Total assets increased by 4041.5% over the same period, from $10K to $434K. Total functional expenses rose by 417.6%, from $179K to $926K. In its most recent filing year (2023), Broken Chains Jail & Prison Ministry reported a surplus of $4K, with revenue exceeding expenses. The organization holds $193K in liabilities against $434K in assets (debt-to-asset ratio: 44.6%), resulting in net assets of $241K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $931K | $926K | $434K | $193K | — | View 990 |
| 2022 | $836K | $850K | $466K | $229K | — | View 990 |
| 2021 | $1.0M | $911K | $447K | $197K | — | — |
| 2020 | $861K | $843K | $354K | $204K | — | — |
| 2019 | $892K | $891K | $378K | $247K | — | View 990 |
| 2018 | $822K | $839K | $262K | $131K | — | View 990 |
| 2017 | $298K | $234K | $286K | $138K | — | View 990 |
| 2016 | $220K | $247K | $102K | $18K | — | View 990 |
| 2015 | $249K | $199K | $122K | $11K | — | View 990 |
| 2014 | $194K | $168K | $77K | $17K | — | View 990 |
| 2013 | $331K | $331K | $45K | $11K | — | View 990 |
| 2012 | $289K | $264K | $35K | $527 | — | View 990 |
| 2011 | $177K | $179K | $10K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $931K, expenses of $926K, and assets of $434K (revenue +11.3% year-over-year).
- 2022: Revenue of $836K, expenses of $850K, and assets of $466K (revenue -17.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $911K, and assets of $447K (revenue +17.5% year-over-year).
- 2020: Revenue of $861K, expenses of $843K, and assets of $354K (revenue -3.5% year-over-year).
- 2019: Revenue of $892K, expenses of $891K, and assets of $378K (revenue +8.5% year-over-year).
- 2018: Revenue of $822K, expenses of $839K, and assets of $262K (revenue +175.8% year-over-year).
- 2017: Revenue of $298K, expenses of $234K, and assets of $286K (revenue +35.3% year-over-year).
- 2016: Revenue of $220K, expenses of $247K, and assets of $102K (revenue -11.6% year-over-year).
- 2015: Revenue of $249K, expenses of $199K, and assets of $122K (revenue +28.5% year-over-year).
- 2014: Revenue of $194K, expenses of $168K, and assets of $77K (revenue -41.4% year-over-year).
- 2013: Revenue of $331K, expenses of $331K, and assets of $45K (revenue +14.4% year-over-year).
- 2012: Revenue of $289K, expenses of $264K, and assets of $35K (revenue +63.8% year-over-year).
- 2011: Revenue of $177K, expenses of $179K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Broken Chains Jail & Prison Ministry:
Data Sources and Methodology
This transparency report for Broken Chains Jail & Prison Ministry 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.