Faith Mission Thrift Store
EIN: 833062684 · Coggon, IA · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $67K |
| Net Assets | $44K |
Is Faith Mission Thrift Store Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith Mission Thrift Store
Faith Mission Thrift Store (EIN: 833062684) is a nonprofit organization based in Coggon, IA, classified under NTEE code P29. The organization reported total revenue of $115K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Mission Thrift Store's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Mission Thrift Store is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $67K |
| Surplus / Deficit | +$9K |
| Total Assets | $44K |
| Net Assets | $44K |
| Operating Margin | 11.8% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Faith Mission Thrift Store reported a surplus of $9K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Faith Mission Thrift Store's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.5% | +7.6% | +30.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith Mission Thrift Store 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 Faith Mission Thrift Store 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 $9K, with revenue exceeding expenses.
Frequently Asked Questions about Faith Mission Thrift Store
Is Faith Mission Thrift Store a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith Mission Thrift Store (EIN: 833062684) insufficient data. 0 red flags identified, 0 strengths noted.
How does Faith Mission Thrift Store spend its money?
Detailed spending breakdown data is not yet available for Faith Mission Thrift Store. Check back for updated IRS 990 analysis.
Are donations to Faith Mission Thrift Store tax-deductible?
Faith Mission Thrift Store is registered as a tax-exempt nonprofit (EIN: 833062684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith Mission Thrift Store located?
Faith Mission Thrift Store is headquartered in Coggon, Iowa and files with the IRS under EIN 833062684. It is classified under NTEE code P29.
How many years of IRS 990 filings does Faith Mission Thrift Store have?
Faith Mission Thrift Store has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $115K in total revenue.
Filing History
IRS 990 filing history for Faith Mission Thrift Store showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Faith Mission Thrift Store's revenue has grown by 14.5%, moving from $67K to $77K. Total assets increased by 30% over the same period, from $34K to $44K. Total functional expenses rose by 7.6%, from $63K to $67K. In its most recent filing year (2023), Faith Mission Thrift Store reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $67K | $44K | $0 | — | View 990 |
| 2022 | $67K | $63K | $34K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Mission Thrift Store:
Data Sources and Methodology
This transparency report for Faith Mission Thrift Store 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.