Dare To Believe Ministries
EIN: 271504230 · Burnsville, MN · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $267K |
| Total Expenses | $416 |
| Net Assets | $217K |
Is Dare To Believe Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dare To Believe Ministries
Dare To Believe Ministries (EIN: 271504230) is a nonprofit organization based in Burnsville, MN, classified under NTEE code X99. The organization reported total revenue of $267K and total assets of $227K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dare To Believe Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dare To Believe Ministries is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -99.8% | -0.2% |
| 2022 | +8.5% | +21.4% | +11.8% |
| 2021 | +3.6% | -12.1% | +39.3% |
| 2020 | +13.7% | +11.1% | +6.0% |
| 2019 | -15.9% | +8.8% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dare To Believe 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 Dare To Believe 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 (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Dare To Believe Ministries
Is Dare To Believe Ministries a legitimate charity?
Dare To Believe Ministries (EIN: 271504230) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $267K. No red flags identified. Financial health grade: B.
How does Dare To Believe Ministries spend its money?
Dare To Believe Ministries reported $267K 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 Dare To Believe Ministries tax-deductible?
Dare To Believe Ministries is registered as a tax-exempt nonprofit (EIN: 271504230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dare To Believe Ministries located?
Dare To Believe Ministries is headquartered in Burnsville, Minnesota and files with the IRS under EIN 271504230. It is classified under NTEE code X99.
How many years of IRS 990 filings does Dare To Believe Ministries have?
Dare To Believe Ministries 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 $267K in total revenue.
Filing History
IRS 990 filing history for Dare To Believe Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dare To Believe Ministries's revenue has declined by 100%, moving from $78K to $0. Total assets increased by 750.2% over the same period, from $26K to $222K. Total functional expenses fell by 99.4%, from $74K to $416. The organization holds $6K in liabilities against $222K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $217K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $416 | $222K | $6K | — | — |
| 2022 | $293K | $266K | $223K | $6K | — | View 990 |
| 2021 | $270K | $219K | $199K | $9K | — | View 990 |
| 2020 | $261K | $249K | $143K | $4K | — | — |
| 2019 | $229K | $224K | $135K | $8K | — | View 990 |
| 2018 | $272K | $206K | $134K | $12K | — | View 990 |
| 2017 | $240K | $265K | $93K | $37K | — | View 990 |
| 2016 | $204K | $198K | $130K | $49K | — | View 990 |
| 2015 | $255K | $253K | $89K | $14K | — | View 990 |
| 2014 | $203K | $189K | $75K | $2K | — | View 990 |
| 2013 | $159K | $145K | $63K | $4K | — | View 990 |
| 2012 | $112K | $94K | $45K | $241 | — | View 990 |
| 2011 | $78K | $74K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $416, and assets of $222K (revenue -100.0% year-over-year).
- 2022: Revenue of $293K, expenses of $266K, and assets of $223K (revenue +8.5% year-over-year).
- 2021: Revenue of $270K, expenses of $219K, and assets of $199K (revenue +3.6% year-over-year).
- 2020: Revenue of $261K, expenses of $249K, and assets of $143K (revenue +13.7% year-over-year).
- 2019: Revenue of $229K, expenses of $224K, and assets of $135K (revenue -15.9% year-over-year).
- 2018: Revenue of $272K, expenses of $206K, and assets of $134K (revenue +13.5% year-over-year).
- 2017: Revenue of $240K, expenses of $265K, and assets of $93K (revenue +17.7% year-over-year).
- 2016: Revenue of $204K, expenses of $198K, and assets of $130K (revenue -20.1% year-over-year).
- 2015: Revenue of $255K, expenses of $253K, and assets of $89K (revenue +25.8% year-over-year).
- 2014: Revenue of $203K, expenses of $189K, and assets of $75K (revenue +27.4% year-over-year).
- 2013: Revenue of $159K, expenses of $145K, and assets of $63K (revenue +42.4% year-over-year).
- 2012: Revenue of $112K, expenses of $94K, and assets of $45K (revenue +42.7% year-over-year).
- 2011: Revenue of $78K, expenses of $74K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dare To Believe Ministries:
Data Sources and Methodology
This transparency report for Dare To Believe 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.