Life Spring Ministries
EIN: 721398040 · Amory, MS · NTEE: P42
Is Life Spring Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Life Spring Ministries
Life Spring Ministries (EIN: 721398040) is a nonprofit organization based in Amory, MS, classified under NTEE code P42. 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 Life Spring Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life Spring Ministries is a micro nonprofit that has been operating for 27 years, with 2 years of IRS 990 filings on record (2010–2011). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $71K |
| Surplus / Deficit | +$1K |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | 1.9% |
| Months of Reserves | 0.2 months |
Financial Health Grade: A
In 2011, Life Spring Ministries reported a surplus of $1K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2010–2011), Life Spring Ministries's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2011 | +16.5% | +47.4% | -98.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Life Spring 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 Life Spring 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 (2011)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Frequently Asked Questions about Life Spring Ministries
Is Life Spring Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Life Spring Ministries (EIN: 721398040) insufficient data. 0 red flags identified, 0 strengths noted.
How does Life Spring Ministries spend its money?
Detailed spending breakdown data is not yet available for Life Spring Ministries. Check back for updated IRS 990 analysis.
Are donations to Life Spring Ministries tax-deductible?
Life Spring Ministries is registered as a tax-exempt nonprofit (EIN: 721398040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Life Spring Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2010–2011), Life Spring Ministries's revenue has grown by 16.5%, moving from $62K to $73K. Total assets decreased by 98% over the same period, from $52K to $1K. Total functional expenses rose by 47.4%, from $48K to $71K. In its most recent filing year (2011), Life Spring Ministries reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $73K | $71K | $1K | $0 | — | View 990 |
| 2010 | $62K | $48K | $52K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Life Spring 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.