D M Ministries Community Development Corporation
EIN: 432109336 · Desoto, TX · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.9M |
| Net Assets | $-27,966 |
Is D M Ministries Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About D M Ministries Community Development Corporation
D M Ministries Community Development Corporation (EIN: 432109336) is a nonprofit organization based in Desoto, TX, classified under NTEE code P33. The organization reported total revenue of $3.0M and total assets of $391K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of D M Ministries Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
D M Ministries Community Development Corporation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-26,360 |
| Total Assets | $419K |
| Total Liabilities | $447K |
| Net Assets | $-27,966 |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 106.7% |
| Months of Reserves | 1.7 months |
Financial Health Grade: D
In 2022, D M Ministries Community Development Corporation reported a deficit of $26K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 106.7% (high leverage).
Financial Trends
Over 13 years of filings (2010–2022), D M Ministries Community Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +29.9% | +47.8% | +35.5% |
| 2021 | +136.4% | +102.3% | +583.9% |
| 2020 | -30.7% | -27.2% | +25.4% |
| 2019 | +56.8% | +57.0% | +86.0% |
| 2018 | +19.3% | +42.7% | +7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for D M Ministries Community Development Corporation 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 D M Ministries Community Development Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 106.7%.
Frequently Asked Questions about D M Ministries Community Development Corporation
Is D M Ministries Community Development Corporation a legitimate charity?
D M Ministries Community Development Corporation (EIN: 432109336) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. No red flags identified. Financial health grade: D.
How does D M Ministries Community Development Corporation spend its money?
D M Ministries Community Development Corporation reported $3.0M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to D M Ministries Community Development Corporation tax-deductible?
D M Ministries Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 432109336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is D M Ministries Community Development Corporation located?
D M Ministries Community Development Corporation is headquartered in Desoto, Texas and files with the IRS under EIN 432109336. It is classified under NTEE code P33.
How many years of IRS 990 filings does D M Ministries Community Development Corporation have?
D M Ministries Community Development Corporation 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 $3.0M in total revenue.
Filing History
IRS 990 filing history for D M Ministries Community Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), D M Ministries Community Development Corporation's revenue has grown by 276.5%, moving from $768K to $2.9M. Total assets increased by 499% over the same period, from $70K to $419K. Total functional expenses rose by 262.2%, from $806K to $2.9M. In its most recent filing year (2022), D M Ministries Community Development Corporation reported a deficit of $26K, with expenses exceeding revenue. The organization holds $447K in liabilities against $419K in assets (debt-to-asset ratio: 106.7%), resulting in net assets of $-27,966.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.9M | $2.9M | $419K | $447K | — | View 990 |
| 2021 | $2.2M | $2.0M | $309K | $311K | — | View 990 |
| 2020 | $942K | $976K | $45K | $240K | — | View 990 |
| 2019 | $1.4M | $1.3M | $36K | $197K | — | View 990 |
| 2018 | $867K | $855K | $19K | $199K | — | View 990 |
| 2017 | $727K | $599K | $18K | $210K | — | View 990 |
| 2016 | $523K | $517K | $57K | $92K | — | View 990 |
| 2015 | $407K | $368K | $57K | $124K | — | View 990 |
| 2014 | $214K | $219K | $59K | $172K | — | View 990 |
| 2013 | $295K | $259K | $55K | $164K | — | View 990 |
| 2012 | $359K | $304K | $63K | $172K | — | View 990 |
| 2011 | $624K | $638K | $70K | $169K | — | View 990 |
| 2010 | $768K | $806K | $70K | $155K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.9M, expenses of $2.9M, and assets of $419K (revenue +29.9% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.0M, and assets of $309K (revenue +136.4% year-over-year).
- 2020: Revenue of $942K, expenses of $976K, and assets of $45K (revenue -30.7% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $36K (revenue +56.8% year-over-year).
- 2018: Revenue of $867K, expenses of $855K, and assets of $19K (revenue +19.3% year-over-year).
- 2017: Revenue of $727K, expenses of $599K, and assets of $18K (revenue +39.1% year-over-year).
- 2016: Revenue of $523K, expenses of $517K, and assets of $57K (revenue +28.5% year-over-year).
- 2015: Revenue of $407K, expenses of $368K, and assets of $57K (revenue +90.0% year-over-year).
- 2014: Revenue of $214K, expenses of $219K, and assets of $59K (revenue -27.5% year-over-year).
- 2013: Revenue of $295K, expenses of $259K, and assets of $55K (revenue -17.8% year-over-year).
- 2012: Revenue of $359K, expenses of $304K, and assets of $63K (revenue -42.4% year-over-year).
- 2011: Revenue of $624K, expenses of $638K, and assets of $70K (revenue -18.8% year-over-year).
- 2010: Revenue of $768K, expenses of $806K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for D M Ministries Community Development Corporation:
Data Sources and Methodology
This transparency report for D M Ministries Community Development Corporation 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.