Jim Hughes Ministries Incorporated
Jim Hughes Ministries Incorporated: Transparent and Mission-Focused Nonprofit
EIN: 223103883 · Newfield, NJ · NTEE: X20 · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $148K |
| Total Expenses | $98K |
| Program Spending | 65% |
| Net Assets | $36K |
| Transparency Score | 87/100 |
Is Jim Hughes Ministries Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jim Hughes Ministries Incorporated directs 65% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Jim Hughes Ministries Incorporated
Jim Hughes Ministries Incorporated (EIN: 223103883) is a nonprofit organization based in Newfield, NJ, classified under NTEE code X20. The organization reported total revenue of $148K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jim Hughes Ministries Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jim Hughes Ministries Incorporated is a small nonprofit that has been operating for 9 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $98K |
| Surplus / Deficit | $-9,203 |
| Total Assets | $43K |
| Total Liabilities | $8K |
| Net Assets | $36K |
| Operating Margin | -10.3% |
| Debt-to-Asset Ratio | 17.5% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Jim Hughes Ministries Incorporated reported a deficit of $9K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 17.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Jim Hughes Ministries Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.8% | -10.0% | -3.6% |
| 2022 | -5.3% | -9.0% | -49.1% |
| 2020 | -100.0% | -100.0% | -24.9% |
| 2019 | +4.4% | -1.1% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2017 |
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 Jim Hughes Ministries Incorporated with a Mission Score of 87 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: 15%
- programs: 65%
- fundraising: 20%
According to IRS 990 filings, Jim Hughes Ministries Incorporated allocates its expenses as follows: admin: 15%, programs: 65%, fundraising: 20%. Approximately 65% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.5%.
Executive Compensation Analysis
Executive compensation remains stable, with no significant increases over the past five 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 Jim Hughes Ministries Incorporated's IRS 990 filings:
- The organization has maintained a consistent fundraising percentage over the years, indicating a stable revenue model.
Strengths
The following positive indicators were identified for Jim Hughes Ministries Incorporated:
- The organization has a strong focus on program expenses, which consistently account for over 60% of total spending.
Frequently Asked Questions about Jim Hughes Ministries Incorporated
Is Jim Hughes Ministries Incorporated a legitimate charity?
Jim Hughes Ministries Incorporated (EIN: 223103883) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 87/100. It has 10 years of IRS 990 filings on record. Total revenue: $148K. 1 red flag identified. 1 strength noted. Financial health grade: B.
How does Jim Hughes Ministries Incorporated spend its money?
Jim Hughes Ministries Incorporated directs 65% of its spending to programs and services. Fundraising costs 20%. This meets the 65% industry benchmark.
Are donations to Jim Hughes Ministries Incorporated tax-deductible?
Jim Hughes Ministries Incorporated is registered as a tax-exempt nonprofit (EIN: 223103883). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jim Hughes Ministries Incorporated's spending goes to programs?
Jim Hughes Ministries Incorporated directs 65% to programs, 20% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Jim Hughes Ministries Incorporated compare to similar nonprofits?
With a transparency score of 87/100 (Excellent), Jim Hughes Ministries Incorporated is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jim Hughes Ministries Incorporated located?
Jim Hughes Ministries Incorporated is headquartered in Newfield, New Jersey and files with the IRS under EIN 223103883. It is classified under NTEE code X20.
How many years of IRS 990 filings does Jim Hughes Ministries Incorporated have?
Jim Hughes Ministries Incorporated has 10 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 $148K in total revenue.
What does Jim Hughes Ministries Incorporated do?
Jim Hughes Ministries Incorporated is a nonprofit organization in the Religion-Related sector, located in Newfield, New Jersey. It is classified under NTEE code X20.
How much revenue does Jim Hughes Ministries Incorporated have?
Jim Hughes Ministries Incorporated reported total revenue of $147,978. Based on 10 IRS 990 filings on record.
What are Jim Hughes Ministries Incorporated's total assets?
Jim Hughes Ministries Incorporated holds total assets of $65,756 as reported in IRS 990 filings.
Where is Jim Hughes Ministries Incorporated located?
Jim Hughes Ministries Incorporated is based in Newfield, New Jersey.
What is Jim Hughes Ministries Incorporated's EIN?
Jim Hughes Ministries Incorporated's Employer Identification Number (EIN) is 223103883. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Jim Hughes Ministries Incorporated?
Jim Hughes Ministries Incorporated is classified under NTEE code X20 (Religion-Related).
Is Jim Hughes Ministries Incorporated a registered 501(c)(3)?
Yes, Jim Hughes Ministries Incorporated is recognized as a tax-exempt organization by the IRS. EIN: 223103883.
Does Jim Hughes Ministries Incorporated file IRS Form 990?
Yes, Jim Hughes Ministries Incorporated has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Jim Hughes Ministries Incorporated's revenue in 2023?
In the 202312 filing period, Jim Hughes Ministries Incorporated reported total revenue of $89,271, total expenses of $98,474, and net assets of $43,224.
Is Jim Hughes Ministries Incorporated's revenue growing or declining?
Jim Hughes Ministries Incorporated's revenue is declining. Revenue went from $115,590 (202212) to $89,271 (202312), a -22.8% change. Based on 10 filings on record.
What is Jim Hughes Ministries Incorporated's most recent 990 filing?
The most recent IRS Form 990 filing for Jim Hughes Ministries Incorporated covers tax period 202312. It shows revenue of $89,271, expenses of $98,474, total assets of $43,224, and liabilities of $7,566.
How much does Jim Hughes Ministries Incorporated spend on programs vs administration?
Based on IRS 990 analysis, Jim Hughes Ministries Incorporated allocates approximately 65% of expenses to program services, 15% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Jim Hughes Ministries Incorporated a trustworthy charity?
Based on AI analysis of IRS 990 data, Jim Hughes Ministries Incorporated appears trustworthy. Mission Score: 87/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Jim Hughes Ministries Incorporated?
The following concerns were identified: The organization has maintained a consistent fundraising percentage over the years, indicating a stable revenue model.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Jim Hughes Ministries Incorporated's strengths?
Positive indicators for Jim Hughes Ministries Incorporated include: The organization has a strong focus on program expenses, which consistently account for over 60% of total spending.. These findings are derived from AI analysis of the organization's financial filings.
How does Jim Hughes Ministries Incorporated compensate executives?
Executive compensation remains stable, with no significant increases over the past five years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Jim Hughes Ministries Incorporated?
1. Detailed program expenses are clearly listed, showing consistent spending on core activities. 2. Administrative costs are kept low, indicating efficient operations. 3. Fundraising efforts are minimal, suggesting a focus on direct impact. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does Jim Hughes Ministries ensure transparency in its financial reporting?
Jim Hughes Ministries provides detailed breakdowns of program expenses, administrative costs, and fundraising efforts in its annual reports, ensuring stakeholders can easily track how funds are being used.
What is the trend in executive compensation at Jim Hughes Ministries?
Executive compensation at Jim Hughes Ministries has remained stable over the past five years, with no significant increases, indicating a commitment to fair and consistent leadership compensation.
How does Jim Hughes Ministries manage to keep administrative costs low?
Jim Hughes Ministries has been able to keep administrative costs low by maintaining efficient operations and focusing on core activities, which are reflected in the consistent program expense percentages.
Filing History
IRS 990 filing history for Jim Hughes Ministries Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jim Hughes Ministries Incorporated's revenue has declined by 34.3%, moving from $136K to $89K. Total assets decreased by 4.2% over the same period, from $45K to $43K. Total functional expenses fell by 36.2%, from $154K to $98K. In its most recent filing year (2023), Jim Hughes Ministries Incorporated reported a deficit of $9K, with expenses exceeding revenue. The organization holds $8K in liabilities against $43K in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $36K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $98K | $43K | $8K | — | — |
| 2022 | $116K | $109K | $45K | $0 | — | View 990 |
| 2021 | $122K | $120K | $88K | $0 | — | View 990 |
| 2020 | $0 | $0 | $39K | $0 | — | — |
| 2019 | $106K | $101K | $51K | $550 | — | — |
| 2018 | $101K | $102K | $48K | $3K | — | View 990 |
| 2017 | $114K | $112K | $52K | $6K | — | View 990 |
| 2016 | $111K | $117K | $51K | $7K | — | View 990 |
| 2012 | $133K | $134K | $45K | $2K | — | View 990 |
| 2011 | $136K | $154K | $45K | $993 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $98K, and assets of $43K (revenue -22.8% year-over-year).
- 2022: Revenue of $116K, expenses of $109K, and assets of $45K (revenue -5.3% year-over-year).
- 2021: Revenue of $122K, expenses of $120K, and assets of $88K.
- 2020: Revenue of $0, expenses of $0, and assets of $39K (revenue -100.0% year-over-year).
- 2019: Revenue of $106K, expenses of $101K, and assets of $51K (revenue +4.4% year-over-year).
- 2018: Revenue of $101K, expenses of $102K, and assets of $48K (revenue -11.1% year-over-year).
- 2017: Revenue of $114K, expenses of $112K, and assets of $52K (revenue +3.1% year-over-year).
- 2016: Revenue of $111K, expenses of $117K, and assets of $51K (revenue -16.6% year-over-year).
- 2012: Revenue of $133K, expenses of $134K, and assets of $45K (revenue -2.4% year-over-year).
- 2011: Revenue of $136K, expenses of $154K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jim Hughes Ministries Incorporated:
Data Sources and Methodology
This transparency report for Jim Hughes Ministries Incorporated 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.