Chance Sobriety Ministries Inc
EIN: 710854394 · N Little Rock, AR · NTEE: T70
| Metric | Value |
|---|---|
| Total Revenue | $153K |
| Total Expenses | $228K |
| Net Assets | $-299,217 |
Is Chance Sobriety 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 Chance Sobriety Ministries Inc
Chance Sobriety Ministries Inc (EIN: 710854394) is a nonprofit organization based in N Little Rock, AR, classified under NTEE code T70. The organization reported total revenue of $153K and total assets of $316K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chance Sobriety Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chance Sobriety Ministries Inc is a small nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $228K |
| Surplus / Deficit | $-68,363 |
| Total Assets | $327K |
| Total Liabilities | $627K |
| Net Assets | $-299,217 |
| Operating Margin | -42.8% |
| Debt-to-Asset Ratio | 191.4% |
| Months of Reserves | 17.2 months |
Financial Health Grade: C
In 2024, Chance Sobriety Ministries Inc reported a deficit of $68K with expenses exceeding revenue, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 191.4% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Chance Sobriety Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -14.7% | -25.1% | -28.7% |
| 2023 | -18.7% | +0.8% | -33.6% |
| 2022 | -12.7% | +22.3% | +126.3% |
| 2021 | -21.4% | -42.7% | +275.2% |
| 2020 | +57.2% | +85.2% | -8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chance Sobriety 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 Chance Sobriety 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $68K, with expenses exceeding revenue.
- Debt-to-asset ratio: 191.4%.
Frequently Asked Questions about Chance Sobriety Ministries Inc
Is Chance Sobriety Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chance Sobriety Ministries Inc (EIN: 710854394) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chance Sobriety Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Chance Sobriety Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Chance Sobriety Ministries Inc tax-deductible?
Chance Sobriety Ministries Inc is registered as a tax-exempt nonprofit (EIN: 710854394). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chance Sobriety Ministries Inc located?
Chance Sobriety Ministries Inc is headquartered in N Little Rock, Arkansas and files with the IRS under EIN 710854394. It is classified under NTEE code T70.
How many years of IRS 990 filings does Chance Sobriety Ministries Inc have?
Chance Sobriety Ministries Inc has 14 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 $153K in total revenue.
Filing History
IRS 990 filing history for Chance Sobriety Ministries Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Chance Sobriety Ministries Inc's revenue has grown by 4.2%, moving from $153K to $160K. Total assets increased by 657.1% over the same period, from $43K to $327K. Total functional expenses rose by 48.8%, from $153K to $228K. In its most recent filing year (2024), Chance Sobriety Ministries Inc reported a deficit of $68K, with expenses exceeding revenue. The organization holds $627K in liabilities against $327K in assets (debt-to-asset ratio: 191.4%), resulting in net assets of $-299,217.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $160K | $228K | $327K | $627K | — | — |
| 2023 | $187K | $305K | $459K | $649K | — | — |
| 2022 | $231K | $302K | $691K | $764K | — | — |
| 2021 | $264K | $247K | $305K | $307K | — | — |
| 2020 | $336K | $431K | $81K | $100K | — | View 990 |
| 2019 | $214K | $233K | $89K | $12K | — | View 990 |
| 2018 | $189K | $200K | $96K | $0 | — | View 990 |
| 2017 | $170K | $190K | $107K | $0 | — | View 990 |
| 2016 | $201K | $209K | $127K | $0 | — | View 990 |
| 2015 | $216K | $237K | $136K | $0 | — | View 990 |
| 2014 | $320K | $281K | $156K | $0 | — | View 990 |
| 2013 | $294K | $206K | $122K | $0 | — | View 990 |
| 2012 | $124K | $133K | $34K | $0 | — | View 990 |
| 2011 | $153K | $153K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $160K, expenses of $228K, and assets of $327K (revenue -14.7% year-over-year).
- 2023: Revenue of $187K, expenses of $305K, and assets of $459K (revenue -18.7% year-over-year).
- 2022: Revenue of $231K, expenses of $302K, and assets of $691K (revenue -12.7% year-over-year).
- 2021: Revenue of $264K, expenses of $247K, and assets of $305K (revenue -21.4% year-over-year).
- 2020: Revenue of $336K, expenses of $431K, and assets of $81K (revenue +57.2% year-over-year).
- 2019: Revenue of $214K, expenses of $233K, and assets of $89K (revenue +13.0% year-over-year).
- 2018: Revenue of $189K, expenses of $200K, and assets of $96K (revenue +11.3% year-over-year).
- 2017: Revenue of $170K, expenses of $190K, and assets of $107K (revenue -15.3% year-over-year).
- 2016: Revenue of $201K, expenses of $209K, and assets of $127K (revenue -7.2% year-over-year).
- 2015: Revenue of $216K, expenses of $237K, and assets of $136K (revenue -32.4% year-over-year).
- 2014: Revenue of $320K, expenses of $281K, and assets of $156K (revenue +8.7% year-over-year).
- 2013: Revenue of $294K, expenses of $206K, and assets of $122K (revenue +137.6% year-over-year).
- 2012: Revenue of $124K, expenses of $133K, and assets of $34K (revenue -19.3% year-over-year).
- 2011: Revenue of $153K, expenses of $153K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chance Sobriety Ministries Inc:
Data Sources and Methodology
This transparency report for Chance Sobriety 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.