Foreknown Ministries
EIN: 844107260 · Colorado Spgs, CO · NTEE: E86
| Metric | Value |
|---|---|
| Total Revenue | $119K |
| Total Expenses | $119K |
| Net Assets | $22K |
Is Foreknown Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foreknown Ministries
Foreknown Ministries (EIN: 844107260) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code E86. The organization reported total revenue of $119K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foreknown Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foreknown Ministries is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $119K |
| Surplus / Deficit | $-8,207 |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | -7.4% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Foreknown Ministries reported a deficit of $8K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Foreknown Ministries's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | +36.9% | -27.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foreknown 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 Foreknown 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 deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Foreknown Ministries
Is Foreknown Ministries a legitimate charity?
Foreknown Ministries (EIN: 844107260) is a registered tax-exempt nonprofit based in Colorado. It has 2 years of IRS 990 filings on record. Total revenue: $119K. No red flags identified. Financial health grade: C.
How does Foreknown Ministries spend its money?
Foreknown Ministries reported $119K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Foreknown Ministries tax-deductible?
Foreknown Ministries is registered as a tax-exempt nonprofit (EIN: 844107260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foreknown Ministries located?
Foreknown Ministries is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 844107260. It is classified under NTEE code E86.
How many years of IRS 990 filings does Foreknown Ministries have?
Foreknown Ministries 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 $119K in total revenue.
Filing History
IRS 990 filing history for Foreknown Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Foreknown Ministries's revenue has grown by 18.4%, moving from $93K to $110K. Total assets decreased by 27% over the same period, from $30K to $22K. Total functional expenses rose by 36.9%, from $87K to $119K. In its most recent filing year (2023), Foreknown Ministries reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $119K | $22K | $0 | — | — |
| 2022 | $93K | $87K | $30K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foreknown Ministries:
Data Sources and Methodology
This transparency report for Foreknown 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.