Have Life Ministries Inc
EIN: 263507172 · Charlotte, NC · NTEE: X20
Is Have Life 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 Have Life Ministries Inc
Have Life Ministries Inc (EIN: 263507172) is a nonprofit organization based in Charlotte, NC, classified under NTEE code X20. The organization reported total revenue of $2.0M and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Have Life Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Have Life Ministries Inc is a mid-size nonprofit that has been operating for 16 years, with 6 years of IRS 990 filings on record (2018–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | +5.5% | -26.8% |
| 2022 | +27.3% | +3.5% | -8.6% |
| 2021 | -19.6% | +17.1% | -16.0% |
| 2020 | +-0.0% | -10.5% | +388.1% |
| 2019 | +1.8% | -5.9% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Have Life 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 Have Life 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:
- Debt-to-asset ratio: 114.7%.
Frequently Asked Questions about Have Life Ministries Inc
Is Have Life Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Have Life Ministries Inc (EIN: 263507172) insufficient data. 0 red flags identified, 0 strengths noted.
How does Have Life Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Have Life Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Have Life Ministries Inc tax-deductible?
Have Life Ministries Inc is registered as a tax-exempt nonprofit (EIN: 263507172). 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 Have Life Ministries Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Have Life Ministries Inc's revenue has declined by 100%, moving from $2.0M to $0. Total assets increased by 171.7% over the same period, from $133K to $361K. Total functional expenses rose by 7.8%, from $2.0M to $2.2M. The organization holds $414K in liabilities against $361K in assets (debt-to-asset ratio: 114.7%), resulting in net assets of $-53,049.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $2.2M | $361K | $414K | — | — |
| 2022 | $2.0M | $2.1M | $494K | $502K | — | View 990 |
| 2021 | $1.6M | $2.0M | $540K | $466K | — | View 990 |
| 2020 | $2.0M | $1.7M | $643K | $263K | — | — |
| 2019 | $2.0M | $1.9M | $132K | $0 | — | View 990 |
| 2018 | $2.0M | $2.0M | $133K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $2.2M, and assets of $361K (revenue -100.0% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.1M, and assets of $494K (revenue +27.3% year-over-year).
- 2021: Revenue of $1.6M, expenses of $2.0M, and assets of $540K (revenue -19.6% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.7M, and assets of $643K (revenue +-0.0% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.9M, and assets of $132K (revenue +1.8% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.0M, and assets of $133K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Have Life Ministries Inc:
Data Sources and Methodology
This transparency report for Have Life 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.