Entrusted Hope Ministries
EIN: 823111442 · Blue Mountain, MS · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $67K |
| Net Assets | $41K |
Is Entrusted Hope Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Entrusted Hope Ministries
Entrusted Hope Ministries (EIN: 823111442) is a nonprofit organization based in Blue Mountain, MS, classified under NTEE code X20. The organization reported total revenue of $85K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Entrusted Hope Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Entrusted Hope Ministries is a micro nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 34.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $67K |
| Surplus / Deficit | +$21K |
| Total Assets | $42K |
| Total Liabilities | $709 |
| Net Assets | $41K |
| Operating Margin | 24.0% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Entrusted Hope Ministries reported a surplus of $21K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Entrusted Hope Ministries's revenue has grown at a compound annual growth rate (CAGR) of 34.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.9% | -20.0% | +110.1% |
| 2022 | +4.3% | +91.3% | -39.0% |
| 2021 | +133.3% | +109.1% | +141.9% |
| 2020 | +2.7% | -7.4% | +100.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Entrusted Hope 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 Entrusted Hope 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:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Entrusted Hope Ministries
Is Entrusted Hope Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Entrusted Hope Ministries (EIN: 823111442) insufficient data. 0 red flags identified, 0 strengths noted.
How does Entrusted Hope Ministries spend its money?
Detailed spending breakdown data is not yet available for Entrusted Hope Ministries. Check back for updated IRS 990 analysis.
Are donations to Entrusted Hope Ministries tax-deductible?
Entrusted Hope Ministries is registered as a tax-exempt nonprofit (EIN: 823111442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Entrusted Hope Ministries located?
Entrusted Hope Ministries is headquartered in Blue Mountain, Mississippi and files with the IRS under EIN 823111442. It is classified under NTEE code X20.
How many years of IRS 990 filings does Entrusted Hope Ministries have?
Entrusted Hope 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 $85K in total revenue.
Filing History
IRS 990 filing history for Entrusted Hope Ministries showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Entrusted Hope Ministries's revenue has grown by 227%, moving from $27K to $88K. Total assets increased by 521.7% over the same period, from $7K to $42K. Total functional expenses rose by 196.3%, from $23K to $67K. In its most recent filing year (2023), Entrusted Hope Ministries reported a surplus of $21K, with revenue exceeding expenses. The organization holds $709 in liabilities against $42K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $41K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $67K | $42K | $709 | — | — |
| 2022 | $67K | $84K | $20K | $1 | — | View 990 |
| 2021 | $65K | $44K | $33K | $1 | — | View 990 |
| 2020 | $28K | $21K | $13K | $1 | — | — |
| 2019 | $27K | $23K | $7K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $67K, and assets of $42K (revenue +30.9% year-over-year).
- 2022: Revenue of $67K, expenses of $84K, and assets of $20K (revenue +4.3% year-over-year).
- 2021: Revenue of $65K, expenses of $44K, and assets of $33K (revenue +133.3% year-over-year).
- 2020: Revenue of $28K, expenses of $21K, and assets of $13K (revenue +2.7% year-over-year).
- 2019: Revenue of $27K, expenses of $23K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Entrusted Hope Ministries:
Data Sources and Methodology
This transparency report for Entrusted Hope 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.