I Witness Ministries Inc
EIN: 752765173 · Rockwall, TX · NTEE: X20
Is I Witness 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 I Witness Ministries Inc
I Witness Ministries Inc (EIN: 752765173) is a nonprofit organization based in Rockwall, TX, classified under NTEE code X20. The organization reported total revenue of $2.3M and total assets of $351K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of I Witness Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
I Witness Ministries Inc is a mid-size nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $906K |
| Surplus / Deficit | +$192K |
| Total Assets | $421K |
| Net Assets | $421K |
| Operating Margin | 17.5% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2022, I Witness Ministries Inc reported a surplus of $192K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2022), I Witness Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +238.8% | +142.1% | +84.1% |
| 2021 | -19.5% | -3.2% | -18.6% |
| 2020 | -10.3% | +20.4% | +5.7% |
| 2019 | +51.9% | +1.1% | +97.7% |
| 2018 | +11.3% | -2.1% | -16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for I Witness 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 I Witness 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $192K, with revenue exceeding expenses.
Frequently Asked Questions about I Witness Ministries Inc
Is I Witness Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, I Witness Ministries Inc (EIN: 752765173) insufficient data. 0 red flags identified, 0 strengths noted.
How does I Witness Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for I Witness Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to I Witness Ministries Inc tax-deductible?
I Witness Ministries Inc is registered as a tax-exempt nonprofit (EIN: 752765173). 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 I Witness Ministries Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), I Witness Ministries Inc's revenue has declined by 36.2%, moving from $1.7M to $1.1M. Total assets increased by 52.1% over the same period, from $277K to $421K. Total functional expenses fell by 46.9%, from $1.7M to $906K. In its most recent filing year (2022), I Witness Ministries Inc reported a surplus of $192K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.1M | $906K | $421K | $0 | — | View 990 |
| 2021 | $324K | $374K | $229K | $0 | — | View 990 |
| 2020 | $403K | $387K | $281K | $2K | — | — |
| 2019 | $449K | $321K | $266K | $3K | — | View 990 |
| 2018 | $296K | $318K | $134K | $107 | — | View 990 |
| 2017 | $266K | $325K | $160K | $4K | — | View 990 |
| 2016 | $989K | $956K | $218K | $3K | — | View 990 |
| 2015 | $1.0M | $999K | $183K | $0 | — | View 990 |
| 2014 | $1.0M | $1.1M | $166K | $0 | — | View 990 |
| 2013 | $1.3M | $1.3M | $238K | $0 | — | View 990 |
| 2012 | $1.4M | $1.4M | $217K | $0 | — | View 990 |
| 2011 | $1.7M | $1.7M | $277K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.1M, expenses of $906K, and assets of $421K (revenue +238.8% year-over-year).
- 2021: Revenue of $324K, expenses of $374K, and assets of $229K (revenue -19.5% year-over-year).
- 2020: Revenue of $403K, expenses of $387K, and assets of $281K (revenue -10.3% year-over-year).
- 2019: Revenue of $449K, expenses of $321K, and assets of $266K (revenue +51.9% year-over-year).
- 2018: Revenue of $296K, expenses of $318K, and assets of $134K (revenue +11.3% year-over-year).
- 2017: Revenue of $266K, expenses of $325K, and assets of $160K (revenue -73.1% year-over-year).
- 2016: Revenue of $989K, expenses of $956K, and assets of $218K (revenue -2.6% year-over-year).
- 2015: Revenue of $1.0M, expenses of $999K, and assets of $183K (revenue -1.0% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $166K (revenue -23.3% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $238K (revenue -2.2% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $217K (revenue -20.6% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $277K.
Data Sources and Methodology
This transparency report for I Witness 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.