Katara Hull Ministries
EIN: 872699357 · Highland, IN · NTEE: P50
| Metric | Value |
|---|---|
| Total Revenue | $141K |
| Total Expenses | $146K |
| Net Assets | $20K |
Is Katara Hull Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Katara Hull Ministries
Katara Hull Ministries (EIN: 872699357) is a nonprofit organization based in Highland, IN, classified under NTEE code P50. The organization reported total revenue of $141K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Katara Hull Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Katara Hull Ministries is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). 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 | $146K |
| Total Expenses | $146K |
| Surplus / Deficit | $-178 |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | -0.1% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2023, Katara Hull Ministries reported a deficit of $178 with expenses exceeding revenue, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Katara Hull Ministries's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | +11.2% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1278 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Katara Hull Ministries 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 Katara Hull Ministries 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 deficit of $178, with expenses exceeding revenue.
Frequently Asked Questions about Katara Hull Ministries
Is Katara Hull Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Katara Hull Ministries (EIN: 872699357) insufficient data. 0 red flags identified, 0 strengths noted.
How does Katara Hull Ministries spend its money?
Detailed spending breakdown data is not yet available for Katara Hull Ministries. Check back for updated IRS 990 analysis.
Are donations to Katara Hull Ministries tax-deductible?
Katara Hull Ministries is registered as a tax-exempt nonprofit (EIN: 872699357). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Katara Hull Ministries located?
Katara Hull Ministries is headquartered in Highland, Indiana and files with the IRS under EIN 872699357. It is classified under NTEE code P50.
How many years of IRS 990 filings does Katara Hull Ministries have?
Katara Hull Ministries has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $141K in total revenue.
Filing History
IRS 990 filing history for Katara Hull Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Katara Hull Ministries's revenue has declined by 3.4%, moving from $151K to $146K. Total assets increased by 0% over the same period, from $20K to $20K. Total functional expenses rose by 11.2%, from $131K to $146K. In its most recent filing year (2023), Katara Hull Ministries reported a deficit of $178, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146K | $146K | $20K | $0 | — | — |
| 2022 | $151K | $131K | $20K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Katara Hull Ministries:
Data Sources and Methodology
This transparency report for Katara Hull 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.