Future Generation International Missions Inc
EIN: 800225236 · Cowpens, SC · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $327K |
| Total Expenses | $383K |
| Net Assets | $917K |
Is Future Generation International Missions Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Future Generation International Missions Inc
Future Generation International Missions Inc (EIN: 800225236) is a nonprofit organization based in Cowpens, SC, classified under NTEE code Q33. The organization reported total revenue of $327K and total assets of $910K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Future Generation International Missions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Future Generation International Missions Inc is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 16.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $361K |
| Total Expenses | $383K |
| Surplus / Deficit | $-21,885 |
| Total Assets | $917K |
| Net Assets | $917K |
| Operating Margin | -6.1% |
| Months of Reserves | 28.8 months |
Financial Health Grade: B
In 2023, Future Generation International Missions Inc reported a deficit of $22K with expenses exceeding revenue, holds 28.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Future Generation International Missions Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.8% | +16.9% | -2.3% |
| 2022 | -11.9% | -7.7% | +10.5% |
| 2021 | +12.9% | +14.6% | +17.2% |
| 2020 | -5.3% | -14.4% | +15.3% |
| 2019 | -10.1% | -14.5% | +14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Future Generation International Missions Inc 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 Future Generation International Missions Inc 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 $22K, with expenses exceeding revenue.
Frequently Asked Questions about Future Generation International Missions Inc
Is Future Generation International Missions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Future Generation International Missions Inc (EIN: 800225236) insufficient data. 0 red flags identified, 0 strengths noted.
How does Future Generation International Missions Inc spend its money?
Detailed spending breakdown data is not yet available for Future Generation International Missions Inc. Check back for updated IRS 990 analysis.
Are donations to Future Generation International Missions Inc tax-deductible?
Future Generation International Missions Inc is registered as a tax-exempt nonprofit (EIN: 800225236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Future Generation International Missions Inc located?
Future Generation International Missions Inc is headquartered in Cowpens, South Carolina and files with the IRS under EIN 800225236. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Future Generation International Missions Inc have?
Future Generation International Missions Inc 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 $327K in total revenue.
Filing History
IRS 990 filing history for Future Generation International Missions Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Future Generation International Missions Inc's revenue has grown by 450.2%, moving from $66K to $361K. Total assets increased by 8036.2% over the same period, from $11K to $917K. Total functional expenses rose by 538.1%, from $60K to $383K. In its most recent filing year (2023), Future Generation International Missions Inc reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $361K | $383K | $917K | $0 | — | View 990 |
| 2022 | $414K | $327K | $939K | $0 | — | View 990 |
| 2021 | $470K | $355K | $850K | $0 | — | View 990 |
| 2020 | $416K | $310K | $725K | $0 | — | View 990 |
| 2019 | $440K | $361K | $629K | $0 | — | View 990 |
| 2018 | $489K | $423K | $551K | $0 | — | View 990 |
| 2017 | $622K | $414K | $491K | $0 | — | View 990 |
| 2016 | $736K | $455K | $345K | $0 | — | View 990 |
| 2015 | $374K | $327K | $65K | $0 | — | View 990 |
| 2014 | $195K | $188K | $22K | $0 | — | View 990 |
| 2013 | $73K | $69K | $16K | $0 | — | View 990 |
| 2012 | $66K | $60K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $361K, expenses of $383K, and assets of $917K (revenue -12.8% year-over-year).
- 2022: Revenue of $414K, expenses of $327K, and assets of $939K (revenue -11.9% year-over-year).
- 2021: Revenue of $470K, expenses of $355K, and assets of $850K (revenue +12.9% year-over-year).
- 2020: Revenue of $416K, expenses of $310K, and assets of $725K (revenue -5.3% year-over-year).
- 2019: Revenue of $440K, expenses of $361K, and assets of $629K (revenue -10.1% year-over-year).
- 2018: Revenue of $489K, expenses of $423K, and assets of $551K (revenue -21.4% year-over-year).
- 2017: Revenue of $622K, expenses of $414K, and assets of $491K (revenue -15.5% year-over-year).
- 2016: Revenue of $736K, expenses of $455K, and assets of $345K (revenue +96.8% year-over-year).
- 2015: Revenue of $374K, expenses of $327K, and assets of $65K (revenue +92.0% year-over-year).
- 2014: Revenue of $195K, expenses of $188K, and assets of $22K (revenue +166.3% year-over-year).
- 2013: Revenue of $73K, expenses of $69K, and assets of $16K (revenue +11.6% year-over-year).
- 2012: Revenue of $66K, expenses of $60K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Future Generation International Missions Inc:
Data Sources and Methodology
This transparency report for Future Generation International Missions Inc 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.