Elca Youth Ministry Network
EIN: 341865352 · Owatonna, MN · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $784K |
| Total Expenses | $415K |
| Net Assets | $296K |
Is Elca Youth Ministry Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elca Youth Ministry Network
Elca Youth Ministry Network (EIN: 341865352) is a nonprofit organization based in Owatonna, MN, classified under NTEE code X21. The organization reported total revenue of $784K and total assets of $311K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elca Youth Ministry Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elca Youth Ministry Network is a small nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $534K |
| Total Expenses | $415K |
| Surplus / Deficit | +$119K |
| Total Assets | $297K |
| Total Liabilities | $660 |
| Net Assets | $296K |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Elca Youth Ministry Network reported a surplus of $119K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Elca Youth Ministry Network's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +156.1% | +285.4% | +148.3% |
| 2021 | -30.6% | -72.3% | +540.1% |
| 2020 | +0.1% | +0.2% | -82.7% |
| 2019 | -39.7% | -6.7% | -44.8% |
| 2018 | +39.1% | +10.2% | +72.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elca Youth Ministry Network 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 Elca Youth Ministry Network 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 $119K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Elca Youth Ministry Network
Is Elca Youth Ministry Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Elca Youth Ministry Network (EIN: 341865352) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elca Youth Ministry Network spend its money?
Detailed spending breakdown data is not yet available for Elca Youth Ministry Network. Check back for updated IRS 990 analysis.
Are donations to Elca Youth Ministry Network tax-deductible?
Elca Youth Ministry Network is registered as a tax-exempt nonprofit (EIN: 341865352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elca Youth Ministry Network located?
Elca Youth Ministry Network is headquartered in Owatonna, Minnesota and files with the IRS under EIN 341865352. It is classified under NTEE code X21.
How many years of IRS 990 filings does Elca Youth Ministry Network have?
Elca Youth Ministry Network 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 $784K in total revenue.
Filing History
IRS 990 filing history for Elca Youth Ministry Network showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Elca Youth Ministry Network's revenue has grown by 139.4%, moving from $223K to $534K. Total assets increased by 813.4% over the same period, from $33K to $297K. Total functional expenses rose by 90.1%, from $218K to $415K. In its most recent filing year (2023), Elca Youth Ministry Network reported a surplus of $119K, with revenue exceeding expenses. The organization holds $660 in liabilities against $297K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $534K | $415K | $297K | $660 | — | — |
| 2021 | $209K | $108K | $120K | $0 | — | View 990 |
| 2020 | $300K | $388K | $19K | $0 | — | View 990 |
| 2019 | $300K | $388K | $108K | $1K | — | View 990 |
| 2018 | $498K | $415K | $196K | $1K | — | View 990 |
| 2017 | $358K | $377K | $113K | $1K | — | View 990 |
| 2016 | $323K | $503K | $132K | $861 | — | View 990 |
| 2015 | $604K | $553K | $312K | $861 | — | View 990 |
| 2014 | $548K | $410K | $261K | $754 | — | View 990 |
| 2013 | $450K | $365K | $123K | $524 | — | View 990 |
| 2012 | $359K | $354K | $37K | $729 | — | View 990 |
| 2011 | $223K | $218K | $33K | $649 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $534K, expenses of $415K, and assets of $297K (revenue +156.1% year-over-year).
- 2021: Revenue of $209K, expenses of $108K, and assets of $120K (revenue -30.6% year-over-year).
- 2020: Revenue of $300K, expenses of $388K, and assets of $19K (revenue +0.1% year-over-year).
- 2019: Revenue of $300K, expenses of $388K, and assets of $108K (revenue -39.7% year-over-year).
- 2018: Revenue of $498K, expenses of $415K, and assets of $196K (revenue +39.1% year-over-year).
- 2017: Revenue of $358K, expenses of $377K, and assets of $113K (revenue +10.6% year-over-year).
- 2016: Revenue of $323K, expenses of $503K, and assets of $132K (revenue -46.5% year-over-year).
- 2015: Revenue of $604K, expenses of $553K, and assets of $312K (revenue +10.2% year-over-year).
- 2014: Revenue of $548K, expenses of $410K, and assets of $261K (revenue +21.7% year-over-year).
- 2013: Revenue of $450K, expenses of $365K, and assets of $123K (revenue +25.4% year-over-year).
- 2012: Revenue of $359K, expenses of $354K, and assets of $37K (revenue +60.9% year-over-year).
- 2011: Revenue of $223K, expenses of $218K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elca Youth Ministry Network:
Data Sources and Methodology
This transparency report for Elca Youth Ministry Network 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.