Kardia Life Ministries Inc
EIN: 271814162 · Hattiesburg, MS
| Metric | Value |
|---|---|
| Total Expenses | $28K |
| Net Assets | $171K |
Is Kardia Life 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 Kardia Life Ministries Inc
Kardia Life Ministries Inc (EIN: 271814162) is a nonprofit organization based in Hattiesburg, MS. 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 Kardia Life Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kardia Life Ministries Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 27.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $28K |
| Surplus / Deficit | +$152K |
| Total Assets | $171K |
| Total Liabilities | $150 |
| Net Assets | $171K |
| Operating Margin | 84.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 73.7 months |
Financial Health Grade: A
In 2015, Kardia Life Ministries Inc reported a surplus of $152K with revenue exceeding expenses, holds 73.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2015), Kardia Life Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +398.5% | -7.4% | +28.8% |
| 2013 | -77.0% | -24.6% | +4.8% |
| 2012 | +131.7% | -37.7% | +3229.8% |
AI Analysis Pending
AI enrichment for Kardia Life 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 Kardia Life 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $152K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Kardia Life Ministries Inc
Is Kardia Life Ministries Inc a legitimate charity?
Kardia Life Ministries Inc (EIN: 271814162) is a registered tax-exempt nonprofit based in Mississippi. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Kardia Life Ministries Inc spend its money?
Kardia Life Ministries Inc reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kardia Life Ministries Inc tax-deductible?
Kardia Life Ministries Inc is registered as a tax-exempt nonprofit (EIN: 271814162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kardia Life Ministries Inc located?
Kardia Life Ministries Inc is headquartered in Hattiesburg, Mississippi and files with the IRS under EIN 271814162.
How many years of IRS 990 filings does Kardia Life Ministries Inc have?
Kardia Life Ministries Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Kardia Life Ministries Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2015), Kardia Life Ministries Inc's revenue has grown by 166%, moving from $68K to $180K. Total assets increased by 4393.2% over the same period, from $4K to $171K. Total functional expenses fell by 56.5%, from $64K to $28K. In its most recent filing year (2015), Kardia Life Ministries Inc reported a surplus of $152K, with revenue exceeding expenses. The organization holds $150 in liabilities against $171K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $171K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $180K | $28K | $171K | $150 | — | View 990 |
| 2013 | $36K | $30K | $133K | $0 | — | View 990 |
| 2012 | $157K | $40K | $127K | $0 | — | View 990 |
| 2011 | $68K | $64K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $180K, expenses of $28K, and assets of $171K (revenue +398.5% year-over-year).
- 2013: Revenue of $36K, expenses of $30K, and assets of $133K (revenue -77.0% year-over-year).
- 2012: Revenue of $157K, expenses of $40K, and assets of $127K (revenue +131.7% year-over-year).
- 2011: Revenue of $68K, expenses of $64K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kardia Life Ministries Inc:
Data Sources and Methodology
This transparency report for Kardia Life 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.