Mgn Ministries
EIN: 882677814 · Anacoco, LA · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $88K |
| Net Assets | $3K |
Is Mgn Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mgn Ministries
Mgn Ministries (EIN: 882677814) is a nonprofit organization based in Anacoco, LA, classified under NTEE code X20. The organization reported total revenue of $112K and total assets of $109K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mgn Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mgn 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 15.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $88K |
| Surplus / Deficit | $-20,688 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | -30.5% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Mgn Ministries reported a deficit of $21K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Mgn Ministries's revenue has grown at a compound annual growth rate (CAGR) of 15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.4% | +151.0% | -88.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mgn 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 Mgn 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 $21K, with expenses exceeding revenue.
Frequently Asked Questions about Mgn Ministries
Is Mgn Ministries a legitimate charity?
Mgn Ministries (EIN: 882677814) is a registered tax-exempt nonprofit based in Louisiana. It has 2 years of IRS 990 filings on record. Total revenue: $112K. No red flags identified. Financial health grade: C.
How does Mgn Ministries spend its money?
Mgn Ministries reported $112K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mgn Ministries tax-deductible?
Mgn Ministries is registered as a tax-exempt nonprofit (EIN: 882677814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mgn Ministries located?
Mgn Ministries is headquartered in Anacoco, Louisiana and files with the IRS under EIN 882677814. It is classified under NTEE code X20.
How many years of IRS 990 filings does Mgn Ministries have?
Mgn 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 $112K in total revenue.
Filing History
IRS 990 filing history for Mgn Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Mgn Ministries's revenue has grown by 15.4%, moving from $59K to $68K. Total assets decreased by 88.1% over the same period, from $23K to $3K. Total functional expenses rose by 151%, from $35K to $88K. In its most recent filing year (2023), Mgn Ministries reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $88K | $3K | $0 | — | — |
| 2022 | $59K | $35K | $23K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mgn Ministries:
Data Sources and Methodology
This transparency report for Mgn 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.