Multiplication Network Ministries
EIN: 260276601 · Sauk Village, IL · NTEE: X20
Is Multiplication Network Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Multiplication Network Ministries
Multiplication Network Ministries (EIN: 260276601) is a nonprofit organization based in Sauk Village, IL, classified under NTEE code X20. The organization reported total revenue of $6.4M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Multiplication Network Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Multiplication Network Ministries is a mid-size nonprofit that has been operating for 1 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $6.5M |
| Surplus / Deficit | $-250,716 |
| Total Assets | $3.9M |
| Total Liabilities | $307K |
| Net Assets | $3.6M |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 7.9% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Multiplication Network Ministries reported a deficit of $251K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 7.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Multiplication Network Ministries's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | +10.6% | -7.9% |
| 2022 | +10.6% | +42.3% | -5.0% |
| 2021 | +2.1% | +17.3% | +22.6% |
| 2020 | +15.1% | -11.8% | +54.9% |
| 2019 | +6.0% | +13.6% | +8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Multiplication Network 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 Multiplication Network 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 $251K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.9%.
Frequently Asked Questions about Multiplication Network Ministries
Is Multiplication Network Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Multiplication Network Ministries (EIN: 260276601) insufficient data. 0 red flags identified, 0 strengths noted.
How does Multiplication Network Ministries spend its money?
Detailed spending breakdown data is not yet available for Multiplication Network Ministries. Check back for updated IRS 990 analysis.
Are donations to Multiplication Network Ministries tax-deductible?
Multiplication Network Ministries is registered as a tax-exempt nonprofit (EIN: 260276601). 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 Multiplication Network Ministries showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Multiplication Network Ministries's revenue has grown by 249.8%, moving from $1.8M to $6.2M. Total assets increased by 493.9% over the same period, from $658K to $3.9M. Total functional expenses rose by 361.3%, from $1.4M to $6.5M. In its most recent filing year (2023), Multiplication Network Ministries reported a deficit of $251K, with expenses exceeding revenue. The organization holds $307K in liabilities against $3.9M in assets (debt-to-asset ratio: 7.9%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.2M | $6.5M | $3.9M | $307K | — | View 990 |
| 2022 | $5.4M | $5.8M | $4.2M | $390K | — | View 990 |
| 2021 | $4.9M | $4.1M | $4.5M | $176K | — | View 990 |
| 2020 | $4.8M | $3.5M | $3.6M | $128K | — | View 990 |
| 2019 | $4.1M | $4.0M | $2.4M | $116K | — | View 990 |
| 2018 | $3.9M | $3.5M | $2.2M | $120K | — | View 990 |
| 2017 | $3.0M | $3.1M | $1.7M | $96K | — | View 990 |
| 2016 | $2.9M | $2.9M | $1.8M | $96K | — | View 990 |
| 2015 | $2.9M | $2.6M | $1.8M | $86K | — | View 990 |
| 2013 | $2.8M | $2.8M | $1.2M | $79K | — | View 990 |
| 2012 | $2.5M | $2.1M | $1.2M | $86K | — | View 990 |
| 2011 | $1.8M | $1.4M | $658K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.2M, expenses of $6.5M, and assets of $3.9M (revenue +15.0% year-over-year).
- 2022: Revenue of $5.4M, expenses of $5.8M, and assets of $4.2M (revenue +10.6% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.1M, and assets of $4.5M (revenue +2.1% year-over-year).
- 2020: Revenue of $4.8M, expenses of $3.5M, and assets of $3.6M (revenue +15.1% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.0M, and assets of $2.4M (revenue +6.0% year-over-year).
- 2018: Revenue of $3.9M, expenses of $3.5M, and assets of $2.2M (revenue +29.0% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.1M, and assets of $1.7M (revenue +5.7% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.9M, and assets of $1.8M (revenue -1.4% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.6M, and assets of $1.8M (revenue +2.8% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.8M, and assets of $1.2M (revenue +15.4% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.1M, and assets of $1.2M (revenue +38.4% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.4M, and assets of $658K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Multiplication Network Ministries:
Data Sources and Methodology
This transparency report for Multiplication Network 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.