Follow Hard Ministries
Follow Hard Ministries faces financial challenges with declining assets and recent operating deficits.
EIN: 201129953 · Ankeny, IA · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $78K |
| Total Expenses | $100K |
| Program Spending | 80% |
| Net Assets | $119K |
| Transparency Score | 65/100 |
Is Follow Hard Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Follow Hard Ministries directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Follow Hard Ministries
Follow Hard Ministries (EIN: 201129953) is a nonprofit organization based in Ankeny, IA, classified under NTEE code X99. The organization reported total revenue of $78K and total assets of $335K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Follow Hard Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Follow Hard Ministries is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $100K |
| Surplus / Deficit | $-28,083 |
| Total Assets | $357K |
| Total Liabilities | $238K |
| Net Assets | $119K |
| Operating Margin | -39.0% |
| Debt-to-Asset Ratio | 66.7% |
| Months of Reserves | 42.8 months |
Financial Health Grade: C
In 2023, Follow Hard Ministries reported a deficit of $28K with expenses exceeding revenue, holds 42.8 months of operating reserves (strong position), has a debt-to-asset ratio of 66.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Follow Hard Ministries's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.6% | +5.7% | -9.7% |
| 2022 | +13.9% | -14.4% | +3.9% |
| 2021 | -61.0% | -57.2% | -5.4% |
| 2020 | +60.8% | +59.1% | +0.4% |
| 2019 | +25.1% | +20.6% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Follow Hard Ministries with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Follow Hard Ministries allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that no officers or key employees received compensation, which is highly favorable for minimizing administrative costs relative to the organization's size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Follow Hard Ministries's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202312: Revenue=$72,034, Expenses=$100,117), indicating an operating deficit.
- Declining asset base from $452,362 in 201512 to $357,228 in 202312.
- High liabilities relative to assets ($238,299 in liabilities against $357,228 in assets in 202312).
- NTEE code X99 (Unknown) suggests a lack of clear programmatic categorization.
Strengths
The following positive indicators were identified for Follow Hard Ministries:
- Consistent 0% officer compensation across all 13 filings, indicating strong fiscal discipline regarding executive pay.
- Long filing history (13 filings) demonstrates consistent reporting and transparency in financial disclosures.
Frequently Asked Questions about Follow Hard Ministries
Is Follow Hard Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Follow Hard Ministries (EIN: 201129953) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does Follow Hard Ministries spend its money?
Follow Hard Ministries directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Follow Hard Ministries tax-deductible?
Follow Hard Ministries is registered as a tax-exempt nonprofit (EIN: 201129953). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Follow Hard Ministries's spending goes to programs?
Follow Hard Ministries directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Follow Hard Ministries compare to similar nonprofits?
With a transparency score of 65/100 (Good), Follow Hard Ministries is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Follow Hard Ministries located?
Follow Hard Ministries is headquartered in Ankeny, Iowa and files with the IRS under EIN 201129953. It is classified under NTEE code X99.
How many years of IRS 990 filings does Follow Hard Ministries have?
Follow Hard 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 $78K in total revenue.
Is Follow Hard Ministries financially stable?
Based on recent filings, Follow Hard Ministries is experiencing financial instability. In 202312, expenses ($100,117) exceeded revenue ($72,034), and assets have been declining since 201512, while liabilities remain high.
How does Follow Hard Ministries manage its administrative costs?
The organization appears to manage administrative costs very effectively regarding executive compensation, reporting 0% officer compensation across all 13 filings. This suggests a strong commitment to directing funds away from top salaries.
What is the trend in Follow Hard Ministries' assets?
Follow Hard Ministries' assets have generally been on a downward trend, decreasing from $452,362 in 201512 to $357,228 in 202312.
What is the significance of the NTEE code X99?
An NTEE code of X99 (Unknown) means the organization's specific programmatic area is not clearly defined or categorized, which can make it harder for donors to understand its exact mission and impact.
Filing History
IRS 990 filing history for Follow Hard Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Follow Hard Ministries's revenue has declined by 48.4%, moving from $140K to $72K. Total assets increased by 1737.3% over the same period, from $19K to $357K. Total functional expenses fell by 25.2%, from $134K to $100K. In its most recent filing year (2023), Follow Hard Ministries reported a deficit of $28K, with expenses exceeding revenue. The organization holds $238K in liabilities against $357K in assets (debt-to-asset ratio: 66.7%), resulting in net assets of $119K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $100K | $357K | $238K | — | View 990 |
| 2022 | $117K | $95K | $395K | $248K | — | — |
| 2021 | $103K | $111K | $381K | $256K | — | — |
| 2020 | $264K | $258K | $402K | $265K | — | — |
| 2019 | $164K | $162K | $400K | $273K | — | View 990 |
| 2018 | $131K | $135K | $416K | $290K | — | View 990 |
| 2017 | $156K | $151K | $429K | $300K | — | View 990 |
| 2016 | $110K | $138K | $424K | $300K | — | View 990 |
| 2015 | $249K | $119K | $452K | $300K | — | View 990 |
| 2014 | $144K | $115K | $37K | $0 | — | View 990 |
| 2013 | $116K | $123K | $8K | $0 | — | View 990 |
| 2012 | $103K | $107K | $15K | $0 | — | View 990 |
| 2011 | $140K | $134K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $100K, and assets of $357K (revenue -38.6% year-over-year).
- 2022: Revenue of $117K, expenses of $95K, and assets of $395K (revenue +13.9% year-over-year).
- 2021: Revenue of $103K, expenses of $111K, and assets of $381K (revenue -61.0% year-over-year).
- 2020: Revenue of $264K, expenses of $258K, and assets of $402K (revenue +60.8% year-over-year).
- 2019: Revenue of $164K, expenses of $162K, and assets of $400K (revenue +25.1% year-over-year).
- 2018: Revenue of $131K, expenses of $135K, and assets of $416K (revenue -16.1% year-over-year).
- 2017: Revenue of $156K, expenses of $151K, and assets of $429K (revenue +41.4% year-over-year).
- 2016: Revenue of $110K, expenses of $138K, and assets of $424K (revenue -55.6% year-over-year).
- 2015: Revenue of $249K, expenses of $119K, and assets of $452K (revenue +72.7% year-over-year).
- 2014: Revenue of $144K, expenses of $115K, and assets of $37K (revenue +24.5% year-over-year).
- 2013: Revenue of $116K, expenses of $123K, and assets of $8K (revenue +12.2% year-over-year).
- 2012: Revenue of $103K, expenses of $107K, and assets of $15K (revenue -26.1% year-over-year).
- 2011: Revenue of $140K, expenses of $134K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Follow Hard Ministries:
Data Sources and Methodology
This transparency report for Follow Hard 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.