Hands Of Faith Ministries Inc
EIN: 311257314 · White Clay, NE · NTEE: P84Z
| Metric | Value |
|---|---|
| Total Revenue | $188K |
| Total Expenses | $220K |
| Net Assets | $372K |
Is Hands Of Faith 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 Hands Of Faith Ministries Inc
Hands Of Faith Ministries Inc (EIN: 311257314) is a nonprofit organization based in White Clay, NE, classified under NTEE code P84Z. The organization reported total revenue of $188K and total assets of $482K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hands Of Faith Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hands Of Faith Ministries Inc is a small nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $220K |
| Surplus / Deficit | $-32,888 |
| Total Assets | $501K |
| Total Liabilities | $130K |
| Net Assets | $372K |
| Operating Margin | -17.6% |
| Debt-to-Asset Ratio | 25.9% |
| Months of Reserves | 27.3 months |
Financial Health Grade: B
In 2023, Hands Of Faith Ministries Inc reported a deficit of $33K with expenses exceeding revenue, holds 27.3 months of operating reserves (strong position), has a debt-to-asset ratio of 25.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Hands Of Faith Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.0% | +1.7% | -5.6% |
| 2022 | -20.7% | -20.3% | -2.8% |
| 2021 | +11.1% | -11.8% | -1.9% |
| 2020 | +7.6% | +17.0% | -5.0% |
| 2019 | -31.1% | -29.0% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hands Of Faith 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 Hands Of Faith 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 $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.9%.
Frequently Asked Questions about Hands Of Faith Ministries Inc
Is Hands Of Faith Ministries Inc a legitimate charity?
Hands Of Faith Ministries Inc (EIN: 311257314) is a registered tax-exempt nonprofit based in Nebraska. It has 14 years of IRS 990 filings on record. Total revenue: $188K. No red flags identified. Financial health grade: B.
How does Hands Of Faith Ministries Inc spend its money?
Hands Of Faith Ministries Inc reported $188K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hands Of Faith Ministries Inc tax-deductible?
Hands Of Faith Ministries Inc is registered as a tax-exempt nonprofit (EIN: 311257314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hands Of Faith Ministries Inc located?
Hands Of Faith Ministries Inc is headquartered in White Clay, Nebraska and files with the IRS under EIN 311257314. It is classified under NTEE code P84Z.
How many years of IRS 990 filings does Hands Of Faith Ministries Inc have?
Hands Of Faith Ministries Inc has 14 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 $188K in total revenue.
Filing History
IRS 990 filing history for Hands Of Faith Ministries Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Hands Of Faith Ministries Inc's revenue has declined by 20.7%, moving from $236K to $187K. Total assets increased by 1016.1% over the same period, from $45K to $501K. Total functional expenses fell by 6%, from $234K to $220K. In its most recent filing year (2023), Hands Of Faith Ministries Inc reported a deficit of $33K, with expenses exceeding revenue. The organization holds $130K in liabilities against $501K in assets (debt-to-asset ratio: 25.9%), resulting in net assets of $372K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $187K | $220K | $501K | $130K | — | — |
| 2022 | $212K | $216K | $531K | $126K | — | View 990 |
| 2021 | $268K | $271K | $546K | $138K | — | View 990 |
| 2020 | $241K | $308K | $556K | $145K | — | View 990 |
| 2019 | $224K | $263K | $586K | $108K | — | View 990 |
| 2018 | $326K | $370K | $612K | $95K | — | View 990 |
| 2017 | $414K | $485K | $634K | $72K | — | View 990 |
| 2016 | $787K | $282K | $662K | $29K | — | View 990 |
| 2015 | $34K | $29K | $140K | $12K | — | View 990 |
| 2015 | $254K | $164K | $138K | $15K | — | View 990 |
| 2014 | $211K | $197K | $41K | $0 | — | View 990 |
| 2013 | $357K | $274K | $109K | $5K | — | View 990 |
| 2012 | $207K | $198K | $29K | $8K | — | View 990 |
| 2011 | $236K | $234K | $45K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $187K, expenses of $220K, and assets of $501K (revenue -12.0% year-over-year).
- 2022: Revenue of $212K, expenses of $216K, and assets of $531K (revenue -20.7% year-over-year).
- 2021: Revenue of $268K, expenses of $271K, and assets of $546K (revenue +11.1% year-over-year).
- 2020: Revenue of $241K, expenses of $308K, and assets of $556K (revenue +7.6% year-over-year).
- 2019: Revenue of $224K, expenses of $263K, and assets of $586K (revenue -31.1% year-over-year).
- 2018: Revenue of $326K, expenses of $370K, and assets of $612K (revenue -21.3% year-over-year).
- 2017: Revenue of $414K, expenses of $485K, and assets of $634K (revenue -47.4% year-over-year).
- 2016: Revenue of $787K, expenses of $282K, and assets of $662K (revenue +2220.1% year-over-year).
- 2015: Revenue of $34K, expenses of $29K, and assets of $140K (revenue -86.6% year-over-year).
- 2015: Revenue of $254K, expenses of $164K, and assets of $138K (revenue +20.0% year-over-year).
- 2014: Revenue of $211K, expenses of $197K, and assets of $41K (revenue -40.8% year-over-year).
- 2013: Revenue of $357K, expenses of $274K, and assets of $109K (revenue +72.3% year-over-year).
- 2012: Revenue of $207K, expenses of $198K, and assets of $29K (revenue -12.1% year-over-year).
- 2011: Revenue of $236K, expenses of $234K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hands Of Faith Ministries Inc:
Data Sources and Methodology
This transparency report for Hands Of Faith 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.