Institute Of Counseling Prayer
EIN: 431462983 · Joplin, MO
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $190K |
| Net Assets | $-18,909 |
Is Institute Of Counseling Prayer Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute Of Counseling Prayer
Institute Of Counseling Prayer (EIN: 431462983) is a nonprofit organization based in Joplin, MO. The organization reported total revenue of $160K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Counseling Prayer's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of Counseling Prayer is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $190K |
| Surplus / Deficit | +$4K |
| Total Assets | $50K |
| Total Liabilities | $68K |
| Net Assets | $-18,909 |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 138.1% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Institute Of Counseling Prayer reported a surplus of $4K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 138.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute Of Counseling Prayer's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.2% | +34.6% | -1.8% |
| 2022 | -8.9% | -7.0% | +35.8% |
| 2021 | +20.6% | +20.0% | +3.7% |
| 2020 | +76.3% | +17.0% | +7.5% |
| 2019 | +3.6% | +42.8% | -43.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute Of Counseling Prayer 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 Institute Of Counseling Prayer 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 surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 138.1%.
Frequently Asked Questions about Institute Of Counseling Prayer
Is Institute Of Counseling Prayer a legitimate charity?
Institute Of Counseling Prayer (EIN: 431462983) is a registered tax-exempt nonprofit based in Missouri. It has 13 years of IRS 990 filings on record. Total revenue: $160K. No red flags identified. Financial health grade: A.
How does Institute Of Counseling Prayer spend its money?
Institute Of Counseling Prayer reported $160K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Institute Of Counseling Prayer tax-deductible?
Institute Of Counseling Prayer is registered as a tax-exempt nonprofit (EIN: 431462983). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute Of Counseling Prayer located?
Institute Of Counseling Prayer is headquartered in Joplin, Missouri and files with the IRS under EIN 431462983.
How many years of IRS 990 filings does Institute Of Counseling Prayer have?
Institute Of Counseling Prayer 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 $160K in total revenue.
Filing History
IRS 990 filing history for Institute Of Counseling Prayer showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute Of Counseling Prayer's revenue has grown by 154%, moving from $76K to $194K. Total assets increased by 1265.9% over the same period, from $4K to $50K. Total functional expenses rose by 157.3%, from $74K to $190K. In its most recent filing year (2023), Institute Of Counseling Prayer reported a surplus of $4K, with revenue exceeding expenses. The organization holds $68K in liabilities against $50K in assets (debt-to-asset ratio: 138.1%), resulting in net assets of $-18,909.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $190K | $50K | $68K | — | — |
| 2022 | $158K | $141K | $50K | $73K | — | View 990 |
| 2021 | $173K | $152K | $37K | $55K | — | View 990 |
| 2020 | $143K | $127K | $36K | $75K | — | View 990 |
| 2019 | $81K | $108K | $33K | $64K | — | View 990 |
| 2018 | $78K | $76K | $59K | $62K | — | View 990 |
| 2017 | $71K | $123K | $28K | $34K | — | View 990 |
| 2016 | $84K | $78K | $33K | $23K | — | View 990 |
| 2015 | $97K | $82K | $27K | $44K | — | View 990 |
| 2014 | $67K | $57K | $14K | $44K | — | View 990 |
| 2013 | $65K | $63K | $4K | $42K | — | View 990 |
| 2012 | $68K | $69K | $2K | $44K | — | View 990 |
| 2011 | $76K | $74K | $4K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $194K, expenses of $190K, and assets of $50K (revenue +23.2% year-over-year).
- 2022: Revenue of $158K, expenses of $141K, and assets of $50K (revenue -8.9% year-over-year).
- 2021: Revenue of $173K, expenses of $152K, and assets of $37K (revenue +20.6% year-over-year).
- 2020: Revenue of $143K, expenses of $127K, and assets of $36K (revenue +76.3% year-over-year).
- 2019: Revenue of $81K, expenses of $108K, and assets of $33K (revenue +3.6% year-over-year).
- 2018: Revenue of $78K, expenses of $76K, and assets of $59K (revenue +10.5% year-over-year).
- 2017: Revenue of $71K, expenses of $123K, and assets of $28K (revenue -15.7% year-over-year).
- 2016: Revenue of $84K, expenses of $78K, and assets of $33K (revenue -13.1% year-over-year).
- 2015: Revenue of $97K, expenses of $82K, and assets of $27K (revenue +44.1% year-over-year).
- 2014: Revenue of $67K, expenses of $57K, and assets of $14K (revenue +3.7% year-over-year).
- 2013: Revenue of $65K, expenses of $63K, and assets of $4K (revenue -4.3% year-over-year).
- 2012: Revenue of $68K, expenses of $69K, and assets of $2K (revenue -11.3% year-over-year).
- 2011: Revenue of $76K, expenses of $74K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of Counseling Prayer:
Data Sources and Methodology
This transparency report for Institute Of Counseling Prayer 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.