Heralds Of Good News Of St Paul Inc
EIN: 800312153 · Alice, TX
| Metric | Value |
|---|---|
| Total Revenue | $827K |
| Total Expenses | $724K |
| Net Assets | $179K |
Is Heralds Of Good News Of St Paul Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heralds Of Good News Of St Paul Inc
Heralds Of Good News Of St Paul Inc (EIN: 800312153) is a nonprofit organization based in Alice, TX. The organization reported total revenue of $827K and total assets of $127K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heralds Of Good News Of St Paul Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heralds Of Good News Of St Paul Inc is a small nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $664K |
| Total Expenses | $724K |
| Surplus / Deficit | $-60,377 |
| Total Assets | $179K |
| Net Assets | $179K |
| Operating Margin | -9.1% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Heralds Of Good News Of St Paul Inc reported a deficit of $60K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2010–2023), Heralds Of Good News Of St Paul Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.8% | +74.7% | -25.2% |
| 2022 | -13.2% | +0.0% | +26.6% |
| 2021 | -1.4% | -25.1% | +177.8% |
| 2020 | +5.3% | +9.7% | -13.4% |
| 2019 | +5.8% | +10.3% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heralds Of Good News Of St Paul 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 Heralds Of Good News Of St Paul 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 $60K, with expenses exceeding revenue.
Frequently Asked Questions about Heralds Of Good News Of St Paul Inc
Is Heralds Of Good News Of St Paul Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heralds Of Good News Of St Paul Inc (EIN: 800312153) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heralds Of Good News Of St Paul Inc spend its money?
Detailed spending breakdown data is not yet available for Heralds Of Good News Of St Paul Inc. Check back for updated IRS 990 analysis.
Are donations to Heralds Of Good News Of St Paul Inc tax-deductible?
Heralds Of Good News Of St Paul Inc is registered as a tax-exempt nonprofit (EIN: 800312153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heralds Of Good News Of St Paul Inc located?
Heralds Of Good News Of St Paul Inc is headquartered in Alice, Texas and files with the IRS under EIN 800312153.
How many years of IRS 990 filings does Heralds Of Good News Of St Paul Inc have?
Heralds Of Good News Of St Paul 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 $827K in total revenue.
Filing History
IRS 990 filing history for Heralds Of Good News Of St Paul Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Heralds Of Good News Of St Paul Inc's revenue has grown by 297.5%, moving from $167K to $664K. Total assets increased by 153.7% over the same period, from $71K to $179K. Total functional expenses rose by 345.6%, from $163K to $724K. In its most recent filing year (2023), Heralds Of Good News Of St Paul Inc reported a deficit of $60K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $664K | $724K | $179K | $0 | — | — |
| 2022 | $465K | $415K | $239K | $0 | — | View 990 |
| 2021 | $535K | $414K | $189K | $0 | — | View 990 |
| 2020 | $543K | $553K | $68K | $0 | — | — |
| 2019 | $516K | $505K | $79K | $0 | — | View 990 |
| 2018 | $487K | $457K | $68K | $0 | — | View 990 |
| 2017 | $394K | $414K | $38K | $0 | — | — |
| 2016 | $399K | $380K | $58K | $0 | — | View 990 |
| 2015 | $396K | $428K | $40K | $0 | — | View 990 |
| 2014 | $414K | $398K | $71K | $0 | — | View 990 |
| 2013 | $421K | $414K | $55K | $0 | — | View 990 |
| 2012 | $343K | $345K | $48K | $0 | — | View 990 |
| 2011 | $242K | $263K | $50K | $0 | — | View 990 |
| 2010 | $167K | $163K | $71K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $664K, expenses of $724K, and assets of $179K (revenue +42.8% year-over-year).
- 2022: Revenue of $465K, expenses of $415K, and assets of $239K (revenue -13.2% year-over-year).
- 2021: Revenue of $535K, expenses of $414K, and assets of $189K (revenue -1.4% year-over-year).
- 2020: Revenue of $543K, expenses of $553K, and assets of $68K (revenue +5.3% year-over-year).
- 2019: Revenue of $516K, expenses of $505K, and assets of $79K (revenue +5.8% year-over-year).
- 2018: Revenue of $487K, expenses of $457K, and assets of $68K (revenue +23.8% year-over-year).
- 2017: Revenue of $394K, expenses of $414K, and assets of $38K (revenue -1.4% year-over-year).
- 2016: Revenue of $399K, expenses of $380K, and assets of $58K (revenue +0.7% year-over-year).
- 2015: Revenue of $396K, expenses of $428K, and assets of $40K (revenue -4.3% year-over-year).
- 2014: Revenue of $414K, expenses of $398K, and assets of $71K (revenue -1.6% year-over-year).
- 2013: Revenue of $421K, expenses of $414K, and assets of $55K (revenue +22.9% year-over-year).
- 2012: Revenue of $343K, expenses of $345K, and assets of $48K (revenue +41.7% year-over-year).
- 2011: Revenue of $242K, expenses of $263K, and assets of $50K (revenue +44.8% year-over-year).
- 2010: Revenue of $167K, expenses of $163K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heralds Of Good News Of St Paul Inc:
Data Sources and Methodology
This transparency report for Heralds Of Good News Of St Paul 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.