Heart Shot Ministry Inc
EIN: 813834684 · Donahue, IA · NTEE: N61
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $196K |
| Net Assets | $144K |
Is Heart Shot Ministry Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heart Shot Ministry Inc
Heart Shot Ministry Inc (EIN: 813834684) is a nonprofit organization based in Donahue, IA, classified under NTEE code N61. The organization reported total revenue of $108K and total assets of $462K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Shot Ministry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Shot Ministry Inc is a small nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $196K |
| Surplus / Deficit | $-82,209 |
| Total Assets | $478K |
| Total Liabilities | $334K |
| Net Assets | $144K |
| Operating Margin | -72.0% |
| Debt-to-Asset Ratio | 69.9% |
| Months of Reserves | 29.2 months |
Financial Health Grade: C
In 2023, Heart Shot Ministry Inc reported a deficit of $82K with expenses exceeding revenue, holds 29.2 months of operating reserves (strong position), has a debt-to-asset ratio of 69.9% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Heart Shot Ministry Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.0% | +210.1% | -16.3% |
| 2022 | -0.4% | -16.7% | +0.5% |
| 2021 | -71.6% | +5.8% | -1.6% |
| 2020 | +376.8% | +13.2% | +10257.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart Shot Ministry 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 Heart Shot Ministry 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 $82K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.9%.
Frequently Asked Questions about Heart Shot Ministry Inc
Is Heart Shot Ministry Inc a legitimate charity?
Heart Shot Ministry Inc (EIN: 813834684) is a registered tax-exempt nonprofit based in Iowa. It has 5 years of IRS 990 filings on record. Total revenue: $108K. No red flags identified. Financial health grade: C.
How does Heart Shot Ministry Inc spend its money?
Heart Shot Ministry Inc reported $108K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heart Shot Ministry Inc tax-deductible?
Heart Shot Ministry Inc is registered as a tax-exempt nonprofit (EIN: 813834684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart Shot Ministry Inc located?
Heart Shot Ministry Inc is headquartered in Donahue, Iowa and files with the IRS under EIN 813834684. It is classified under NTEE code N61.
How many years of IRS 990 filings does Heart Shot Ministry Inc have?
Heart Shot Ministry Inc has 5 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 $108K in total revenue.
Filing History
IRS 990 filing history for Heart Shot Ministry Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Heart Shot Ministry Inc's revenue has grown by 103.7%, moving from $56K to $114K. Total assets increased by 8477% over the same period, from $6K to $478K. Total functional expenses rose by 209.4%, from $63K to $196K. In its most recent filing year (2023), Heart Shot Ministry Inc reported a deficit of $82K, with expenses exceeding revenue. The organization holds $334K in liabilities against $478K in assets (debt-to-asset ratio: 69.9%), resulting in net assets of $144K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $114K | $196K | $478K | $334K | — | — |
| 2022 | $76K | $63K | $571K | $345K | — | View 990 |
| 2021 | $76K | $76K | $568K | $354K | — | — |
| 2020 | $267K | $72K | $577K | $363K | — | — |
| 2019 | $56K | $63K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $114K, expenses of $196K, and assets of $478K (revenue +51.0% year-over-year).
- 2022: Revenue of $76K, expenses of $63K, and assets of $571K (revenue -0.4% year-over-year).
- 2021: Revenue of $76K, expenses of $76K, and assets of $568K (revenue -71.6% year-over-year).
- 2020: Revenue of $267K, expenses of $72K, and assets of $577K (revenue +376.8% year-over-year).
- 2019: Revenue of $56K, expenses of $63K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Shot Ministry Inc:
Data Sources and Methodology
This transparency report for Heart Shot Ministry 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.