Course In Miracles Society
EIN: 470828994 · Omaha, NE · NTEE: X83
| Metric | Value |
|---|---|
| Total Revenue | $168K |
| Total Expenses | $79K |
| Net Assets | $199K |
Is Course In Miracles Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Course In Miracles Society
Course In Miracles Society (EIN: 470828994) is a nonprofit organization based in Omaha, NE, classified under NTEE code X83. The organization reported total revenue of $168K and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Course In Miracles Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Course In Miracles Society is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $79K |
| Surplus / Deficit | $-10,932 |
| Total Assets | $232K |
| Total Liabilities | $33K |
| Net Assets | $199K |
| Operating Margin | -16.1% |
| Debt-to-Asset Ratio | 14.1% |
| Months of Reserves | 35.3 months |
Financial Health Grade: B
In 2023, Course In Miracles Society reported a deficit of $11K with expenses exceeding revenue, holds 35.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Course In Miracles Society's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.9% | -12.4% | +10.4% |
| 2022 | +18.1% | +28.9% | +12.2% |
| 2021 | +9.5% | -0.4% | +16.0% |
| 2020 | -16.8% | -30.3% | +12.0% |
| 2019 | -1.8% | +10.3% | -10.7% |
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 Course In Miracles Society 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 Course In Miracles Society 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 deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.1%.
Frequently Asked Questions about Course In Miracles Society
Is Course In Miracles Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Course In Miracles Society (EIN: 470828994) insufficient data. 0 red flags identified, 0 strengths noted.
How does Course In Miracles Society spend its money?
Detailed spending breakdown data is not yet available for Course In Miracles Society. Check back for updated IRS 990 analysis.
Are donations to Course In Miracles Society tax-deductible?
Course In Miracles Society is registered as a tax-exempt nonprofit (EIN: 470828994). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Course In Miracles Society located?
Course In Miracles Society is headquartered in Omaha, Nebraska and files with the IRS under EIN 470828994. It is classified under NTEE code X83.
How many years of IRS 990 filings does Course In Miracles Society have?
Course In Miracles Society has 10 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 $168K in total revenue.
Filing History
IRS 990 filing history for Course In Miracles Society showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Course In Miracles Society's revenue has declined by 26.8%, moving from $93K to $68K. Total assets increased by 130.8% over the same period, from $100K to $232K. Total functional expenses rose by 2%, from $77K to $79K. In its most recent filing year (2023), Course In Miracles Society reported a deficit of $11K, with expenses exceeding revenue. The organization holds $33K in liabilities against $232K in assets (debt-to-asset ratio: 14.1%), resulting in net assets of $199K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $79K | $232K | $33K | — | — |
| 2022 | $113K | $90K | $210K | $1 | — | View 990 |
| 2021 | $96K | $70K | $187K | $8 | — | View 990 |
| 2020 | $87K | $70K | $161K | $3 | — | View 990 |
| 2019 | $105K | $100K | $144K | $3 | — | View 990 |
| 2015 | $107K | $91K | $161K | $37 | — | View 990 |
| 2014 | $83K | $77K | $145K | $54 | — | View 990 |
| 2013 | $107K | $74K | $140K | $36 | — | View 990 |
| 2012 | $107K | $101K | $107K | $57 | — | View 990 |
| 2011 | $93K | $77K | $100K | $24 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $79K, and assets of $232K (revenue -39.9% year-over-year).
- 2022: Revenue of $113K, expenses of $90K, and assets of $210K (revenue +18.1% year-over-year).
- 2021: Revenue of $96K, expenses of $70K, and assets of $187K (revenue +9.5% year-over-year).
- 2020: Revenue of $87K, expenses of $70K, and assets of $161K (revenue -16.8% year-over-year).
- 2019: Revenue of $105K, expenses of $100K, and assets of $144K (revenue -1.8% year-over-year).
- 2015: Revenue of $107K, expenses of $91K, and assets of $161K (revenue +28.4% year-over-year).
- 2014: Revenue of $83K, expenses of $77K, and assets of $145K (revenue -22.4% year-over-year).
- 2013: Revenue of $107K, expenses of $74K, and assets of $140K (revenue +0.2% year-over-year).
- 2012: Revenue of $107K, expenses of $101K, and assets of $107K (revenue +15.4% year-over-year).
- 2011: Revenue of $93K, expenses of $77K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Course In Miracles Society:
Data Sources and Methodology
This transparency report for Course In Miracles Society 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.