Intrepid Heart Ministries
Intrepid Heart Ministries shows inconsistent financial performance with recent positive net income after years of deficits.
EIN: 201483145 · West Point, UT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $43K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $15K |
| Transparency Score | 65/100 |
Is Intrepid Heart Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Intrepid Heart Ministries directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Intrepid Heart Ministries
Intrepid Heart Ministries (EIN: 201483145) is a nonprofit organization based in West Point, UT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Intrepid Heart Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Intrepid Heart Ministries is a micro nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $43K |
| Surplus / Deficit | +$15K |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | 25.5% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2022, Intrepid Heart Ministries reported a surplus of $15K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2011–2022), Intrepid Heart Ministries's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -41.2% | -54.8% | +379.0% |
| 2018 | -13.0% | -23.1% | -31.3% |
| 2017 | +79.8% | +77.5% | -23.8% |
| 2016 | +1.2% | +0.5% | -19.4% |
| 2015 | -5.7% | +5.3% | -15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2009 |
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 Intrepid Heart Ministries with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Intrepid Heart Ministries allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-reportable means, which is highly unusual for an organization with revenues reaching over $100,000 in some years.
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.
Red Flags
The following concerns were identified during AI analysis of Intrepid Heart Ministries's IRS 990 filings:
- Inconsistent financial performance with multiple years of operating deficits (e.g., -$10,832 in 2017, -$6,904 in 2016).
- Lack of detailed functional expense breakdown (programs, admin, fundraising) in the provided data makes full efficiency assessment difficult.
- Declining revenue trend from a peak of $112,792 in 2017 to $57,645 in 2022.
Strengths
The following positive indicators were identified for Intrepid Heart Ministries:
- Zero reported officer compensation across all filings, indicating a volunteer-led or highly cost-efficient leadership structure.
- Low or zero liabilities in recent years (e.g., $0 in 2022 and 2018), demonstrating good debt management.
- Positive net income in the most recent filing (2022), reversing a trend of deficits.
Frequently Asked Questions about Intrepid Heart Ministries
Is Intrepid Heart Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Intrepid Heart Ministries (EIN: 201483145) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Intrepid Heart Ministries spend its money?
Intrepid Heart Ministries directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Intrepid Heart Ministries tax-deductible?
Intrepid Heart Ministries is registered as a tax-exempt nonprofit (EIN: 201483145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Intrepid Heart Ministries CEO make?
Intrepid Heart Ministries's highest-compensated officer earns $100,000 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Intrepid Heart Ministries's spending goes to programs?
Intrepid Heart Ministries directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Intrepid Heart Ministries located?
Intrepid Heart Ministries is headquartered in West Point, Utah and files with the IRS under EIN 201483145.
How many years of IRS 990 filings does Intrepid Heart Ministries have?
Intrepid Heart Ministries has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Intrepid Heart Ministries financially stable?
Intrepid Heart Ministries has shown inconsistent financial stability. While they reported a positive net income of $14,685 in 2022, they experienced deficits in multiple prior years, such as a -$10,832 deficit in 2017 and -$6,904 in 2016. Their assets remain very modest, suggesting limited reserves.
How does Intrepid Heart Ministries manage its liabilities?
The organization generally manages its liabilities well, reporting $0 in liabilities in 2022 and 2018. While there were higher liabilities in earlier years (e.g., $29,816 in 2017), they have significantly reduced this burden, indicating responsible financial management in recent periods.
What is the trend in Intrepid Heart Ministries' revenue?
Revenue for Intrepid Heart Ministries has fluctuated, with a peak of $112,792 in 2017, declining to $57,645 in 2022. This indicates an inconsistent ability to attract and retain funding over the years.
Does Intrepid Heart Ministries pay its officers?
Based on the provided IRS 990 data, Intrepid Heart Ministries consistently reports 0% officer compensation across all nine filings, suggesting that its officers are not compensated through the organization's reported expenses.
Filing History
IRS 990 filing history for Intrepid Heart Ministries showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Intrepid Heart Ministries's revenue has declined by 4.6%, moving from $60K to $58K. Total assets increased by 412.9% over the same period, from $3K to $15K. Total functional expenses fell by 31.3%, from $63K to $43K. In its most recent filing year (2022), Intrepid Heart Ministries reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $58K | $43K | $15K | $0 | — | View 990 |
| 2018 | $98K | $95K | $3K | $0 | — | View 990 |
| 2017 | $113K | $124K | $4K | $30K | — | View 990 |
| 2016 | $63K | $70K | $6K | $20K | — | View 990 |
| 2015 | $62K | $69K | $7K | $15K | — | View 990 |
| 2014 | $66K | $66K | $9K | $5K | — | View 990 |
| 2013 | $88K | $88K | $8K | $4K | — | View 990 |
| 2012 | $83K | $77K | $9K | $3K | — | View 990 |
| 2011 | $60K | $63K | $3K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $58K, expenses of $43K, and assets of $15K (revenue -41.2% year-over-year).
- 2018: Revenue of $98K, expenses of $95K, and assets of $3K (revenue -13.0% year-over-year).
- 2017: Revenue of $113K, expenses of $124K, and assets of $4K (revenue +79.8% year-over-year).
- 2016: Revenue of $63K, expenses of $70K, and assets of $6K (revenue +1.2% year-over-year).
- 2015: Revenue of $62K, expenses of $69K, and assets of $7K (revenue -5.7% year-over-year).
- 2014: Revenue of $66K, expenses of $66K, and assets of $9K (revenue -25.5% year-over-year).
- 2013: Revenue of $88K, expenses of $88K, and assets of $8K (revenue +5.8% year-over-year).
- 2012: Revenue of $83K, expenses of $77K, and assets of $9K (revenue +38.0% year-over-year).
- 2011: Revenue of $60K, expenses of $63K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Intrepid Heart Ministries:
Data Sources and Methodology
This transparency report for Intrepid Heart Ministries 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.