Courage To Change Ministries Inc
EIN: 451591250 · Louisville, KY · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $68K |
| Net Assets | $0 |
Is Courage To Change 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 Courage To Change Ministries Inc
Courage To Change Ministries Inc (EIN: 451591250) is a nonprofit organization based in Louisville, KY, classified under NTEE code P99. The organization reported total revenue of $86K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Courage To Change Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Courage To Change Ministries Inc is a micro nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $68K |
| Surplus / Deficit | +$5K |
| Total Assets | $5K |
| Total Liabilities | $5K |
| Net Assets | $0 |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.9 months |
Financial Health Grade: B
In 2023, Courage To Change Ministries Inc reported a surplus of $5K with revenue exceeding expenses, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Courage To Change Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +116.7% | +130.5% | -44.7% |
| 2022 | +173.3% | +20.9% | +453.8% |
| 2020 | -20.7% | +74.0% | +7.5% |
| 2019 | +6.6% | +3.0% | -24.7% |
| 2018 | -34.0% | -33.3% | +92.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Courage To Change 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 Courage To Change 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Courage To Change Ministries Inc
Is Courage To Change Ministries Inc a legitimate charity?
Courage To Change Ministries Inc (EIN: 451591250) is a registered tax-exempt nonprofit based in Kentucky. It has 12 years of IRS 990 filings on record. Total revenue: $86K. No red flags identified. Financial health grade: B.
How does Courage To Change Ministries Inc spend its money?
Courage To Change Ministries Inc reported $86K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Courage To Change Ministries Inc tax-deductible?
Courage To Change Ministries Inc is registered as a tax-exempt nonprofit (EIN: 451591250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Courage To Change Ministries Inc located?
Courage To Change Ministries Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 451591250. It is classified under NTEE code P99.
How many years of IRS 990 filings does Courage To Change Ministries Inc have?
Courage To Change Ministries Inc has 12 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 $86K in total revenue.
Filing History
IRS 990 filing history for Courage To Change Ministries Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Courage To Change Ministries Inc's revenue has grown by 510.9%, moving from $12K to $73K. Total assets decreased by 67.1% over the same period, from $15K to $5K. Total functional expenses rose by 955.5%, from $6K to $68K. In its most recent filing year (2023), Courage To Change Ministries Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $5K in liabilities against $5K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $68K | $5K | $5K | — | — |
| 2022 | $33K | $29K | $9K | $0 | — | View 990 |
| 2020 | $12K | $24K | $2K | $0 | — | — |
| 2019 | $15K | $14K | $2K | $0 | — | View 990 |
| 2018 | $15K | $14K | $2K | $0 | — | View 990 |
| 2017 | $22K | $20K | $1K | $0 | — | View 990 |
| 2016 | $29K | $29K | $2K | $0 | — | View 990 |
| 2015 | $37K | $30K | $44K | $0 | — | View 990 |
| 2014 | $39K | $33K | $37K | $0 | — | View 990 |
| 2013 | $38K | $32K | $31K | $0 | — | View 990 |
| 2012 | $54K | $43K | $26K | $0 | — | View 990 |
| 2011 | $12K | $6K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $68K, and assets of $5K (revenue +116.7% year-over-year).
- 2022: Revenue of $33K, expenses of $29K, and assets of $9K (revenue +173.3% year-over-year).
- 2020: Revenue of $12K, expenses of $24K, and assets of $2K (revenue -20.7% year-over-year).
- 2019: Revenue of $15K, expenses of $14K, and assets of $2K (revenue +6.6% year-over-year).
- 2018: Revenue of $15K, expenses of $14K, and assets of $2K (revenue -34.0% year-over-year).
- 2017: Revenue of $22K, expenses of $20K, and assets of $1K (revenue -25.3% year-over-year).
- 2016: Revenue of $29K, expenses of $29K, and assets of $2K (revenue -20.3% year-over-year).
- 2015: Revenue of $37K, expenses of $30K, and assets of $44K (revenue -4.9% year-over-year).
- 2014: Revenue of $39K, expenses of $33K, and assets of $37K (revenue +3.3% year-over-year).
- 2013: Revenue of $38K, expenses of $32K, and assets of $31K (revenue -30.0% year-over-year).
- 2012: Revenue of $54K, expenses of $43K, and assets of $26K (revenue +351.5% year-over-year).
- 2011: Revenue of $12K, expenses of $6K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Courage To Change Ministries Inc:
Data Sources and Methodology
This transparency report for Courage To Change 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.