Lets Start Talking Ministry
EIN: 731570162 · Hurst, TX · NTEE: X90
| Metric | Value |
|---|---|
| Total Revenue | $995K |
| Total Expenses | $813K |
| Net Assets | $1.1M |
Is Lets Start Talking Ministry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lets Start Talking Ministry
Lets Start Talking Ministry (EIN: 731570162) is a nonprofit organization based in Hurst, TX, classified under NTEE code X90. The organization reported total revenue of $995K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lets Start Talking Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lets Start Talking Ministry is a small nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $978K |
| Total Expenses | $813K |
| Surplus / Deficit | +$166K |
| Total Assets | $1.2M |
| Total Liabilities | $117K |
| Net Assets | $1.1M |
| Operating Margin | 16.9% |
| Debt-to-Asset Ratio | 9.5% |
| Months of Reserves | 18.2 months |
Financial Health Grade: A
In 2023, Lets Start Talking Ministry reported a surplus of $166K with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Lets Start Talking Ministry's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.5% | +13.1% | +5.0% |
| 2022 | +0.6% | +39.9% | -16.0% |
| 2021 | -58.1% | -41.1% | +1.5% |
| 2020 | +9.5% | -52.7% | -5.2% |
| 2019 | -10.2% | +2.4% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lets Start Talking Ministry 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 Lets Start Talking Ministry 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 $166K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.5%.
Frequently Asked Questions about Lets Start Talking Ministry
Is Lets Start Talking Ministry a legitimate charity?
Based on AI analysis of IRS 990 filings, Lets Start Talking Ministry (EIN: 731570162) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lets Start Talking Ministry spend its money?
Detailed spending breakdown data is not yet available for Lets Start Talking Ministry. Check back for updated IRS 990 analysis.
Are donations to Lets Start Talking Ministry tax-deductible?
Lets Start Talking Ministry is registered as a tax-exempt nonprofit (EIN: 731570162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lets Start Talking Ministry located?
Lets Start Talking Ministry is headquartered in Hurst, Texas and files with the IRS under EIN 731570162. It is classified under NTEE code X90.
How many years of IRS 990 filings does Lets Start Talking Ministry have?
Lets Start Talking Ministry has 14 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 $995K in total revenue.
Filing History
IRS 990 filing history for Lets Start Talking Ministry showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Lets Start Talking Ministry's revenue has declined by 55.5%, moving from $2.2M to $978K. Total assets increased by 521.6% over the same period, from $198K to $1.2M. Total functional expenses fell by 61.3%, from $2.1M to $813K. In its most recent filing year (2023), Lets Start Talking Ministry reported a surplus of $166K, with revenue exceeding expenses. The organization holds $117K in liabilities against $1.2M in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $978K | $813K | $1.2M | $117K | — | View 990 |
| 2022 | $773K | $718K | $1.2M | $224K | — | View 990 |
| 2021 | $769K | $513K | $1.4M | $503K | — | View 990 |
| 2020 | $1.8M | $872K | $1.4M | $737K | — | View 990 |
| 2019 | $1.7M | $1.8M | $1.5M | $1.8M | — | View 990 |
| 2018 | $1.9M | $1.8M | $1.3M | $1.4M | — | View 990 |
| 2017 | $453K | $326K | $1.1M | $1.2M | — | View 990 |
| 2017 | $1.6M | $1.7M | $722K | $948K | — | View 990 |
| 2016 | $1.6M | $1.7M | $826K | $884K | — | View 990 |
| 2015 | $1.8M | $1.8M | $827K | $795K | — | View 990 |
| 2014 | $1.8M | $1.7M | $928K | $821K | — | View 990 |
| 2013 | $1.8M | $1.8M | $934K | $851K | — | View 990 |
| 2012 | $2.0M | $2.0M | $293K | $208K | — | View 990 |
| 2011 | $2.2M | $2.1M | $198K | $139K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $978K, expenses of $813K, and assets of $1.2M (revenue +26.5% year-over-year).
- 2022: Revenue of $773K, expenses of $718K, and assets of $1.2M (revenue +0.6% year-over-year).
- 2021: Revenue of $769K, expenses of $513K, and assets of $1.4M (revenue -58.1% year-over-year).
- 2020: Revenue of $1.8M, expenses of $872K, and assets of $1.4M (revenue +9.5% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $1.5M (revenue -10.2% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.8M, and assets of $1.3M (revenue +312.3% year-over-year).
- 2017: Revenue of $453K, expenses of $326K, and assets of $1.1M (revenue -71.1% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $722K (revenue +0.3% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $826K (revenue -10.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $827K (revenue -0.9% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $928K (revenue -1.7% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $934K (revenue -10.8% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.0M, and assets of $293K (revenue -8.3% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.1M, and assets of $198K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lets Start Talking Ministry:
Data Sources and Methodology
This transparency report for Lets Start Talking Ministry 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.