Laban Ministries International Inc
EIN: 382974598 · Mt Pleasant, TN · NTEE: X21Z
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $346K |
| Net Assets | $50K |
Is Laban Ministries International Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laban Ministries International Inc
Laban Ministries International Inc (EIN: 382974598) is a nonprofit organization based in Mt Pleasant, TN, classified under NTEE code X21Z. The organization reported total revenue of $262K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laban Ministries International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laban Ministries International Inc is a small nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $346K |
| Surplus / Deficit | +$12K |
| Total Assets | $52K |
| Total Liabilities | $2K |
| Net Assets | $50K |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2023, Laban Ministries International Inc reported a surplus of $12K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Laban Ministries International Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.8% | +30.4% | +29.1% |
| 2022 | -4.3% | +0.9% | -5.6% |
| 2021 | +2.0% | -6.4% | +37.1% |
| 2020 | -13.6% | -13.9% | -23.4% |
| 2019 | +7.1% | -4.5% | -47.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Laban Ministries International 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 Laban Ministries International 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.7%.
Frequently Asked Questions about Laban Ministries International Inc
Is Laban Ministries International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Laban Ministries International Inc (EIN: 382974598) insufficient data. 0 red flags identified, 0 strengths noted.
How does Laban Ministries International Inc spend its money?
Detailed spending breakdown data is not yet available for Laban Ministries International Inc. Check back for updated IRS 990 analysis.
Are donations to Laban Ministries International Inc tax-deductible?
Laban Ministries International Inc is registered as a tax-exempt nonprofit (EIN: 382974598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laban Ministries International Inc located?
Laban Ministries International Inc is headquartered in Mt Pleasant, Tennessee and files with the IRS under EIN 382974598. It is classified under NTEE code X21Z.
How many years of IRS 990 filings does Laban Ministries International Inc have?
Laban Ministries International Inc has 12 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 $262K in total revenue.
Filing History
IRS 990 filing history for Laban Ministries International Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Laban Ministries International Inc's revenue has declined by 13.4%, moving from $413K to $358K. Total assets increased by 209.6% over the same period, from $17K to $52K. Total functional expenses fell by 18.7%, from $426K to $346K. In its most recent filing year (2023), Laban Ministries International Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $2K in liabilities against $52K in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $50K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $358K | $346K | $52K | $2K | — | View 990 |
| 2022 | $263K | $265K | $40K | $2K | — | View 990 |
| 2021 | $275K | $263K | $43K | $2K | — | View 990 |
| 2020 | $270K | $281K | $31K | $3K | — | — |
| 2019 | $313K | $326K | $41K | $1K | — | View 990 |
| 2017 | $292K | $342K | $78K | $0 | — | View 990 |
| 2016 | $348K | $354K | $128K | $0 | — | View 990 |
| 2015 | $276K | $327K | $137K | $3K | — | View 990 |
| 2014 | $459K | $388K | $183K | $3K | — | View 990 |
| 2013 | $378K | $378K | $113K | $3K | — | View 990 |
| 2012 | $539K | $392K | $164K | $1K | — | View 990 |
| 2011 | $413K | $426K | $17K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $358K, expenses of $346K, and assets of $52K (revenue +35.8% year-over-year).
- 2022: Revenue of $263K, expenses of $265K, and assets of $40K (revenue -4.3% year-over-year).
- 2021: Revenue of $275K, expenses of $263K, and assets of $43K (revenue +2.0% year-over-year).
- 2020: Revenue of $270K, expenses of $281K, and assets of $31K (revenue -13.6% year-over-year).
- 2019: Revenue of $313K, expenses of $326K, and assets of $41K (revenue +7.1% year-over-year).
- 2017: Revenue of $292K, expenses of $342K, and assets of $78K (revenue -16.1% year-over-year).
- 2016: Revenue of $348K, expenses of $354K, and assets of $128K (revenue +25.9% year-over-year).
- 2015: Revenue of $276K, expenses of $327K, and assets of $137K (revenue -39.8% year-over-year).
- 2014: Revenue of $459K, expenses of $388K, and assets of $183K (revenue +21.3% year-over-year).
- 2013: Revenue of $378K, expenses of $378K, and assets of $113K (revenue -29.9% year-over-year).
- 2012: Revenue of $539K, expenses of $392K, and assets of $164K (revenue +30.6% year-over-year).
- 2011: Revenue of $413K, expenses of $426K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laban Ministries International Inc:
Data Sources and Methodology
This transparency report for Laban Ministries International 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.