New Wineskins Missionary Network
EIN: 510154293 · Greensboro, NC
| Metric | Value |
|---|---|
| Total Revenue | $412K |
| Total Expenses | $567K |
| Net Assets | $348K |
Is New Wineskins Missionary Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Wineskins Missionary Network
New Wineskins Missionary Network (EIN: 510154293) is a nonprofit organization based in Greensboro, NC. The organization reported total revenue of $412K and total assets of $369K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Wineskins Missionary Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Wineskins Missionary Network is a small nonprofit that has been operating for 51 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $630K |
| Total Expenses | $567K |
| Surplus / Deficit | +$63K |
| Total Assets | $353K |
| Total Liabilities | $5K |
| Net Assets | $348K |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2022, New Wineskins Missionary Network reported a surplus of $63K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), New Wineskins Missionary Network's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +72.8% | +109.3% | +10.9% |
| 2021 | +114.8% | +28.0% | +28.8% |
| 2020 | -58.1% | -35.2% | -2.9% |
| 2019 | +174.7% | +103.5% | +60.8% |
| 2018 | +4.1% | +8.4% | -13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Wineskins Missionary Network 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 New Wineskins Missionary Network 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about New Wineskins Missionary Network
Is New Wineskins Missionary Network a legitimate charity?
New Wineskins Missionary Network (EIN: 510154293) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $412K. No red flags identified. Financial health grade: A.
How does New Wineskins Missionary Network spend its money?
New Wineskins Missionary Network reported $412K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Wineskins Missionary Network tax-deductible?
New Wineskins Missionary Network is registered as a tax-exempt nonprofit (EIN: 510154293). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Wineskins Missionary Network located?
New Wineskins Missionary Network is headquartered in Greensboro, North Carolina and files with the IRS under EIN 510154293.
How many years of IRS 990 filings does New Wineskins Missionary Network have?
New Wineskins Missionary Network has 12 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 $412K in total revenue.
Filing History
IRS 990 filing history for New Wineskins Missionary Network showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), New Wineskins Missionary Network's revenue has grown by 610.4%, moving from $89K to $630K. Total assets increased by 132.3% over the same period, from $152K to $353K. Total functional expenses rose by 438.2%, from $105K to $567K. In its most recent filing year (2022), New Wineskins Missionary Network reported a surplus of $63K, with revenue exceeding expenses. The organization holds $5K in liabilities against $353K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $348K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $630K | $567K | $353K | $5K | — | View 990 |
| 2021 | $365K | $271K | $318K | $4K | — | View 990 |
| 2020 | $170K | $212K | $247K | $29K | — | — |
| 2019 | $405K | $327K | $254K | $3K | — | View 990 |
| 2018 | $148K | $161K | $158K | $1K | — | View 990 |
| 2017 | $142K | $148K | $182K | $1K | — | View 990 |
| 2016 | $387K | $375K | $188K | $950 | — | View 990 |
| 2015 | $126K | $119K | $266K | $91K | — | View 990 |
| 2014 | $121K | $102K | $194K | $10K | — | View 990 |
| 2013 | $209K | $179K | $176K | $10K | — | View 990 |
| 2012 | $123K | $133K | $136K | $172 | — | View 990 |
| 2011 | $89K | $105K | $152K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $630K, expenses of $567K, and assets of $353K (revenue +72.8% year-over-year).
- 2021: Revenue of $365K, expenses of $271K, and assets of $318K (revenue +114.8% year-over-year).
- 2020: Revenue of $170K, expenses of $212K, and assets of $247K (revenue -58.1% year-over-year).
- 2019: Revenue of $405K, expenses of $327K, and assets of $254K (revenue +174.7% year-over-year).
- 2018: Revenue of $148K, expenses of $161K, and assets of $158K (revenue +4.1% year-over-year).
- 2017: Revenue of $142K, expenses of $148K, and assets of $182K (revenue -63.4% year-over-year).
- 2016: Revenue of $387K, expenses of $375K, and assets of $188K (revenue +208.1% year-over-year).
- 2015: Revenue of $126K, expenses of $119K, and assets of $266K (revenue +3.7% year-over-year).
- 2014: Revenue of $121K, expenses of $102K, and assets of $194K (revenue -42.0% year-over-year).
- 2013: Revenue of $209K, expenses of $179K, and assets of $176K (revenue +69.4% year-over-year).
- 2012: Revenue of $123K, expenses of $133K, and assets of $136K (revenue +39.1% year-over-year).
- 2011: Revenue of $89K, expenses of $105K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Wineskins Missionary Network:
Data Sources and Methodology
This transparency report for New Wineskins Missionary Network 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.