Grifton Mission Ministries Inc
EIN: 421609739 · Grifton, NC · NTEE: L80
Is Grifton Mission 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 Grifton Mission Ministries Inc
Grifton Mission Ministries Inc (EIN: 421609739) is a nonprofit organization based in Grifton, NC, classified under NTEE code L80. The organization reported total revenue of $199K and total assets of $356K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grifton Mission Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grifton Mission Ministries Inc is a small nonprofit that has been operating for 5 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $211K |
| Total Expenses | $241K |
| Surplus / Deficit | $-30,141 |
| Total Assets | $390K |
| Total Liabilities | $8K |
| Net Assets | $382K |
| Operating Margin | -14.3% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 19.4 months |
Financial Health Grade: B
In 2023, Grifton Mission Ministries Inc reported a deficit of $30K with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Grifton Mission Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.9% | +5.9% | -7.9% |
| 2022 | -32.3% | +13.9% | +11.4% |
| 2021 | +119.2% | +25.8% | +164.0% |
| 2020 | -9.3% | -5.6% | +15.9% |
| 2019 | +3.2% | -7.0% | +97.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grifton Mission 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 Grifton Mission 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Grifton Mission Ministries Inc
Is Grifton Mission Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grifton Mission Ministries Inc (EIN: 421609739) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grifton Mission Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Grifton Mission Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Grifton Mission Ministries Inc tax-deductible?
Grifton Mission Ministries Inc is registered as a tax-exempt nonprofit (EIN: 421609739). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Grifton Mission Ministries Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Grifton Mission Ministries Inc's revenue has declined by 15.2%, moving from $249K to $211K. Total assets increased by 39032600% over the same period, from $1 to $390K. Total functional expenses rose by 0.4%, from $240K to $241K. In its most recent filing year (2023), Grifton Mission Ministries Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $8K in liabilities against $390K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $382K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $211K | $241K | $390K | $8K | — | — |
| 2022 | $285K | $228K | $424K | $11K | — | View 990 |
| 2021 | $421K | $200K | $380K | $24K | — | View 990 |
| 2020 | $192K | $159K | $144K | $9K | — | View 990 |
| 2019 | $212K | $169K | $124K | $17K | — | View 990 |
| 2018 | $205K | $181K | $63K | $6K | — | — |
| 2017 | $162K | $168K | $33K | $504 | — | View 990 |
| 2016 | $135K | $134K | $40K | $0 | — | View 990 |
| 2015 | $116K | $116K | $38K | $0 | — | View 990 |
| 2014 | $132K | $146K | $0 | $0 | — | View 990 |
| 2013 | $117K | $116K | $1 | $0 | — | View 990 |
| 2011 | $249K | $240K | $1 | $630 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $211K, expenses of $241K, and assets of $390K (revenue -25.9% year-over-year).
- 2022: Revenue of $285K, expenses of $228K, and assets of $424K (revenue -32.3% year-over-year).
- 2021: Revenue of $421K, expenses of $200K, and assets of $380K (revenue +119.2% year-over-year).
- 2020: Revenue of $192K, expenses of $159K, and assets of $144K (revenue -9.3% year-over-year).
- 2019: Revenue of $212K, expenses of $169K, and assets of $124K (revenue +3.2% year-over-year).
- 2018: Revenue of $205K, expenses of $181K, and assets of $63K (revenue +26.9% year-over-year).
- 2017: Revenue of $162K, expenses of $168K, and assets of $33K (revenue +19.5% year-over-year).
- 2016: Revenue of $135K, expenses of $134K, and assets of $40K (revenue +16.6% year-over-year).
- 2015: Revenue of $116K, expenses of $116K, and assets of $38K (revenue -11.9% year-over-year).
- 2014: Revenue of $132K, expenses of $146K, and assets of $0 (revenue +13.1% year-over-year).
- 2013: Revenue of $117K, expenses of $116K, and assets of $1 (revenue -53.2% year-over-year).
- 2011: Revenue of $249K, expenses of $240K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grifton Mission Ministries Inc:
Data Sources and Methodology
This transparency report for Grifton Mission 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.