Lost Sheep Ministries Inc
EIN: 621639138 · Knoxville, TN · NTEE: T00Z
| Metric | Value |
|---|---|
| Total Revenue | $484K |
| Total Expenses | $474K |
| Net Assets | $653K |
Is Lost Sheep 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 Lost Sheep Ministries Inc
Lost Sheep Ministries Inc (EIN: 621639138) is a nonprofit organization based in Knoxville, TN, classified under NTEE code T00Z. The organization reported total revenue of $484K and total assets of $652K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lost Sheep Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lost Sheep Ministries Inc is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $436K |
| Total Expenses | $474K |
| Surplus / Deficit | $-38,356 |
| Total Assets | $656K |
| Total Liabilities | $3K |
| Net Assets | $653K |
| Operating Margin | -8.8% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 16.6 months |
Financial Health Grade: B
In 2023, Lost Sheep Ministries Inc reported a deficit of $38K with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lost Sheep Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | +11.0% | -18.6% |
| 2022 | -2.0% | -3.2% | +14.3% |
| 2021 | -8.4% | -11.7% | +0.1% |
| 2020 | +1.2% | +0.1% | -4.5% |
| 2019 | +15.5% | +6.6% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lost Sheep 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 Lost Sheep 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Lost Sheep Ministries Inc
Is Lost Sheep Ministries Inc a legitimate charity?
Lost Sheep Ministries Inc (EIN: 621639138) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $484K. No red flags identified. Financial health grade: B.
How does Lost Sheep Ministries Inc spend its money?
Lost Sheep Ministries Inc reported $484K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lost Sheep Ministries Inc tax-deductible?
Lost Sheep Ministries Inc is registered as a tax-exempt nonprofit (EIN: 621639138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lost Sheep Ministries Inc located?
Lost Sheep Ministries Inc is headquartered in Knoxville, Tennessee and files with the IRS under EIN 621639138. It is classified under NTEE code T00Z.
How many years of IRS 990 filings does Lost Sheep Ministries Inc have?
Lost Sheep Ministries Inc has 13 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 $484K in total revenue.
Filing History
IRS 990 filing history for Lost Sheep Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lost Sheep Ministries Inc's revenue has declined by 9%, moving from $479K to $436K. Total assets decreased by 34.6% over the same period, from $1.0M to $656K. Total functional expenses fell by 7.3%, from $512K to $474K. In its most recent filing year (2023), Lost Sheep Ministries Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $3K in liabilities against $656K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $653K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $436K | $474K | $656K | $3K | — | — |
| 2022 | $424K | $427K | $806K | $114K | — | View 990 |
| 2021 | $432K | $442K | $705K | $9K | — | View 990 |
| 2020 | $472K | $500K | $704K | $-797 | — | — |
| 2019 | $466K | $499K | $738K | $5K | — | View 990 |
| 2018 | $404K | $468K | $768K | $2K | — | View 990 |
| 2017 | $462K | $479K | $835K | $4K | — | View 990 |
| 2016 | $455K | $469K | $852K | $5K | — | View 990 |
| 2015 | $479K | $546K | $867K | $5K | — | View 990 |
| 2014 | $431K | $428K | $939K | $10K | — | View 990 |
| 2013 | $495K | $386K | $930K | $3K | — | View 990 |
| 2012 | $483K | $534K | $938K | $121K | — | View 990 |
| 2011 | $479K | $512K | $1.0M | $136K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $436K, expenses of $474K, and assets of $656K (revenue +3.0% year-over-year).
- 2022: Revenue of $424K, expenses of $427K, and assets of $806K (revenue -2.0% year-over-year).
- 2021: Revenue of $432K, expenses of $442K, and assets of $705K (revenue -8.4% year-over-year).
- 2020: Revenue of $472K, expenses of $500K, and assets of $704K (revenue +1.2% year-over-year).
- 2019: Revenue of $466K, expenses of $499K, and assets of $738K (revenue +15.5% year-over-year).
- 2018: Revenue of $404K, expenses of $468K, and assets of $768K (revenue -12.7% year-over-year).
- 2017: Revenue of $462K, expenses of $479K, and assets of $835K (revenue +1.7% year-over-year).
- 2016: Revenue of $455K, expenses of $469K, and assets of $852K (revenue -5.0% year-over-year).
- 2015: Revenue of $479K, expenses of $546K, and assets of $867K (revenue +11.1% year-over-year).
- 2014: Revenue of $431K, expenses of $428K, and assets of $939K (revenue -13.0% year-over-year).
- 2013: Revenue of $495K, expenses of $386K, and assets of $930K (revenue +2.5% year-over-year).
- 2012: Revenue of $483K, expenses of $534K, and assets of $938K (revenue +0.8% year-over-year).
- 2011: Revenue of $479K, expenses of $512K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lost Sheep Ministries Inc:
Data Sources and Methodology
This transparency report for Lost Sheep 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.