Georgetown Outreach Ministries Inc
EIN: 450590451 · Georgetown, SC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $33K |
| Total Expenses | $15K |
| Net Assets | $249K |
Is Georgetown Outreach Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Georgetown Outreach Ministries Inc
Georgetown Outreach Ministries Inc (EIN: 450590451) is a nonprofit organization based in Georgetown, SC, classified under NTEE code P20. The organization reported total revenue of $33K and total assets of $430K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgetown Outreach Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgetown Outreach Ministries Inc is a micro nonprofit that has been operating for 18 years, with 4 years of IRS 990 filings on record (2015–2018). Revenue has grown at a compound annual rate of -15.5%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $15K |
| Surplus / Deficit | +$18K |
| Total Assets | $430K |
| Total Liabilities | $181K |
| Net Assets | $249K |
| Operating Margin | 55.3% |
| Debt-to-Asset Ratio | 42.0% |
| Months of Reserves | 349.8 months |
Financial Health Grade: A
In 2018, Georgetown Outreach Ministries Inc reported a surplus of $18K with revenue exceeding expenses, holds 349.8 months of operating reserves (strong position), has a debt-to-asset ratio of 42.0% (moderate leverage).
Financial Trends
Over 4 years of filings (2015–2018), Georgetown Outreach Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -30.4% | -42.8% | -1.7% |
| 2017 | -29.4% | -55.8% | +0.8% |
| 2016 | +22.7% | +4.3% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Georgetown Outreach Ministries 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 Georgetown Outreach Ministries 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.0%.
Frequently Asked Questions about Georgetown Outreach Ministries Inc
Is Georgetown Outreach Ministries Inc a legitimate charity?
Georgetown Outreach Ministries Inc (EIN: 450590451) is a registered tax-exempt nonprofit based in South Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $33K. No red flags identified. Financial health grade: A.
How does Georgetown Outreach Ministries Inc spend its money?
Georgetown Outreach Ministries Inc reported $33K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Georgetown Outreach Ministries Inc tax-deductible?
Georgetown Outreach Ministries Inc is registered as a tax-exempt nonprofit (EIN: 450590451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Georgetown Outreach Ministries Inc located?
Georgetown Outreach Ministries Inc is headquartered in Georgetown, South Carolina and files with the IRS under EIN 450590451. It is classified under NTEE code P20.
How many years of IRS 990 filings does Georgetown Outreach Ministries Inc have?
Georgetown Outreach Ministries Inc has 4 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 $33K in total revenue.
Filing History
IRS 990 filing history for Georgetown Outreach Ministries Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2015–2018), Georgetown Outreach Ministries Inc's revenue has declined by 39.8%, moving from $55K to $33K. Total assets decreased by 5.9% over the same period, from $457K to $430K. Total functional expenses fell by 73.6%, from $56K to $15K. In its most recent filing year (2018), Georgetown Outreach Ministries Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $181K in liabilities against $430K in assets (debt-to-asset ratio: 42.0%), resulting in net assets of $249K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $33K | $15K | $430K | $181K | — | View 990 |
| 2017 | $47K | $26K | $438K | $207K | — | View 990 |
| 2016 | $67K | $58K | $434K | $225K | — | View 990 |
| 2015 | $55K | $56K | $457K | $252K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $33K, expenses of $15K, and assets of $430K (revenue -30.4% year-over-year).
- 2017: Revenue of $47K, expenses of $26K, and assets of $438K (revenue -29.4% year-over-year).
- 2016: Revenue of $67K, expenses of $58K, and assets of $434K (revenue +22.7% year-over-year).
- 2015: Revenue of $55K, expenses of $56K, and assets of $457K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgetown Outreach Ministries Inc:
Data Sources and Methodology
This transparency report for Georgetown Outreach Ministries 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.