Honduras Ministries Inc
Honduras Ministries Inc consistently directs funds to programs with no reported officer compensation.
EIN: 142000189 · Overland Park, KS · NTEE: Q12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $316K |
| Total Expenses | $219K |
| Program Spending | 88% |
| Net Assets | $67K |
| Transparency Score | 92/100 |
Is Honduras Ministries Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Honduras Ministries Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Honduras Ministries Inc
Honduras Ministries Inc (EIN: 142000189) is a nonprofit organization based in Overland Park, KS, classified under NTEE code Q12. The organization reported total revenue of $316K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Honduras Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Honduras Ministries Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $243K |
| Total Expenses | $219K |
| Surplus / Deficit | +$24K |
| Total Assets | $67K |
| Net Assets | $67K |
| Operating Margin | 9.9% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, Honduras Ministries Inc reported a surplus of $24K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Honduras Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.5% | +6.8% | +54.3% |
| 2022 | -13.8% | -0.5% | -24.4% |
| 2021 | +35.9% | +44.0% | +34.8% |
| 2020 | -19.8% | -34.2% | +100.5% |
| 2019 | +22.0% | +27.0% | -40.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Honduras Ministries Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Honduras Ministries Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
Executive Compensation Analysis
Honduras Ministries Inc reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation, which is highly efficient for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Honduras Ministries Inc:
- Strong program spending ratio, indicating efficient use of funds for its mission.
- No reported officer compensation, suggesting volunteer leadership or highly efficient compensation practices.
- Consistent financial stability with positive net assets and minimal liabilities in recent years.
- Steady revenue growth over the past decade, demonstrating increasing donor support.
- Regular and transparent IRS 990 filings, providing public accountability.
Frequently Asked Questions about Honduras Ministries Inc
Is Honduras Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Honduras Ministries Inc (EIN: 142000189) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Honduras Ministries Inc spend its money?
Honduras Ministries Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Honduras Ministries Inc tax-deductible?
Honduras Ministries Inc is registered as a tax-exempt nonprofit (EIN: 142000189). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Honduras Ministries Inc's spending goes to programs?
Honduras Ministries Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Honduras Ministries Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Honduras Ministries Inc is above average for NTEE category Q12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Honduras Ministries Inc located?
Honduras Ministries Inc is headquartered in Overland Park, Kansas and files with the IRS under EIN 142000189. It is classified under NTEE code Q12.
How many years of IRS 990 filings does Honduras Ministries Inc have?
Honduras Ministries Inc has 13 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 $316K in total revenue.
Is Honduras Ministries Inc a good charity?
Based on its financial filings, Honduras Ministries Inc appears to be a good charity. It consistently allocates a high percentage of its expenses to program services, reports no officer compensation, and maintains a stable financial position with positive net assets and minimal liabilities.
How has Honduras Ministries Inc's revenue trended over the last decade?
Honduras Ministries Inc has shown a general upward trend in revenue over the last decade, growing from $85,237 in 2014 to $242,688 in 2023, indicating increasing support for its mission.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, suggesting a volunteer-driven leadership model or compensation structures that do not fall under typical officer compensation reporting, which is a strong indicator of efficiency.
Filing History
IRS 990 filing history for Honduras Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Honduras Ministries Inc's revenue has grown by 311.8%, moving from $59K to $243K. Total assets increased by 335% over the same period, from $15K to $67K. Total functional expenses rose by 285.5%, from $57K to $219K. In its most recent filing year (2023), Honduras Ministries Inc reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $243K | $219K | $67K | $0 | — | — |
| 2022 | $190K | $205K | $44K | $0 | — | View 990 |
| 2021 | $221K | $206K | $58K | $2K | — | View 990 |
| 2020 | $162K | $143K | $43K | $2K | — | View 990 |
| 2019 | $203K | $217K | $21K | $0 | — | View 990 |
| 2018 | $166K | $171K | $36K | $0 | — | View 990 |
| 2017 | $164K | $159K | $41K | $0 | — | View 990 |
| 2016 | $106K | $94K | $42K | $6K | — | View 990 |
| 2015 | $102K | $103K | $24K | $0 | — | View 990 |
| 2014 | $85K | $75K | $26K | $0 | — | View 990 |
| 2013 | $84K | $84K | $18K | $0 | — | View 990 |
| 2012 | $69K | $66K | $18K | $0 | — | View 990 |
| 2011 | $59K | $57K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $243K, expenses of $219K, and assets of $67K (revenue +27.5% year-over-year).
- 2022: Revenue of $190K, expenses of $205K, and assets of $44K (revenue -13.8% year-over-year).
- 2021: Revenue of $221K, expenses of $206K, and assets of $58K (revenue +35.9% year-over-year).
- 2020: Revenue of $162K, expenses of $143K, and assets of $43K (revenue -19.8% year-over-year).
- 2019: Revenue of $203K, expenses of $217K, and assets of $21K (revenue +22.0% year-over-year).
- 2018: Revenue of $166K, expenses of $171K, and assets of $36K (revenue +1.4% year-over-year).
- 2017: Revenue of $164K, expenses of $159K, and assets of $41K (revenue +53.9% year-over-year).
- 2016: Revenue of $106K, expenses of $94K, and assets of $42K (revenue +4.5% year-over-year).
- 2015: Revenue of $102K, expenses of $103K, and assets of $24K (revenue +19.4% year-over-year).
- 2014: Revenue of $85K, expenses of $75K, and assets of $26K (revenue +1.7% year-over-year).
- 2013: Revenue of $84K, expenses of $84K, and assets of $18K (revenue +21.7% year-over-year).
- 2012: Revenue of $69K, expenses of $66K, and assets of $18K (revenue +16.9% year-over-year).
- 2011: Revenue of $59K, expenses of $57K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Honduras Ministries Inc:
Data Sources and Methodology
This transparency report for Honduras 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.