Covered In Faith Ministries
EIN: 900635302 · Crowley, TX · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $979K |
| Net Assets | $38K |
Is Covered In Faith Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Covered In Faith Ministries
Covered In Faith Ministries (EIN: 900635302) is a nonprofit organization based in Crowley, TX, classified under NTEE code P99. The organization reported total revenue of $1.0M and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Covered In Faith Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Covered In Faith Ministries is a mid-size nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2016–2021). Revenue has grown at a compound annual rate of 52.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $979K |
| Surplus / Deficit | +$31K |
| Total Assets | $38K |
| Net Assets | $38K |
| Operating Margin | 3.1% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2021, Covered In Faith Ministries reported a surplus of $31K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2016–2021), Covered In Faith Ministries's revenue has grown at a compound annual growth rate (CAGR) of 52.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +454.5% | +438.6% | +3768700.0% |
| 2019 | +6.1% | +5.6% | +0.0% |
| 2018 | -9.5% | -9.3% | +0.0% |
| 2017 | +53.7% | +53.8% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Covered In Faith 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 Covered In Faith 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
Frequently Asked Questions about Covered In Faith Ministries
Is Covered In Faith Ministries a legitimate charity?
Covered In Faith Ministries (EIN: 900635302) is a registered tax-exempt nonprofit based in Texas. It has 5 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: A.
How does Covered In Faith Ministries spend its money?
Covered In Faith Ministries reported $1.0M in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Covered In Faith Ministries tax-deductible?
Covered In Faith Ministries is registered as a tax-exempt nonprofit (EIN: 900635302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Covered In Faith Ministries located?
Covered In Faith Ministries is headquartered in Crowley, Texas and files with the IRS under EIN 900635302. It is classified under NTEE code P99.
How many years of IRS 990 filings does Covered In Faith Ministries have?
Covered In Faith Ministries has 5 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Covered In Faith Ministries showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2016–2021), Covered In Faith Ministries's revenue has grown by 718.3%, moving from $123K to $1.0M. Total assets increased by 3768700% over the same period, from $1 to $38K. Total functional expenses rose by 693.3%, from $123K to $979K. In its most recent filing year (2021), Covered In Faith Ministries reported a surplus of $31K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1.0M | $979K | $38K | $0 | — | — |
| 2019 | $182K | $182K | $1 | $0 | — | View 990 |
| 2018 | $172K | $172K | $1 | $0 | — | View 990 |
| 2017 | $190K | $190K | $1 | $0 | — | View 990 |
| 2016 | $123K | $123K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1.0M, expenses of $979K, and assets of $38K (revenue +454.5% year-over-year).
- 2019: Revenue of $182K, expenses of $182K, and assets of $1 (revenue +6.1% year-over-year).
- 2018: Revenue of $172K, expenses of $172K, and assets of $1 (revenue -9.5% year-over-year).
- 2017: Revenue of $190K, expenses of $190K, and assets of $1 (revenue +53.7% year-over-year).
- 2016: Revenue of $123K, expenses of $123K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Covered In Faith Ministries:
Data Sources and Methodology
This transparency report for Covered In Faith 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.