Our Loving Mothers Children Inc
EIN: 581977341 · Hampstead, NC · NTEE: N99Z
| Metric | Value |
|---|---|
| Total Revenue | $322K |
| Total Expenses | $324K |
| Net Assets | $2.2M |
Is Our Loving Mothers Children Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Our Loving Mothers Children Inc
Our Loving Mothers Children Inc (EIN: 581977341) is a nonprofit organization based in Hampstead, NC, classified under NTEE code N99Z. The organization reported total revenue of $322K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Our Loving Mothers Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Our Loving Mothers Children Inc is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $324K |
| Surplus / Deficit | $-69,468 |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | -27.3% |
| Months of Reserves | 81.2 months |
Financial Health Grade: B
In 2022, Our Loving Mothers Children Inc reported a deficit of $69K with expenses exceeding revenue, holds 81.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Our Loving Mothers Children Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +10.9% | +0.6% | -3.1% |
| 2021 | -32.3% | -73.6% | -3.9% |
| 2020 | +33.9% | +78.1% | -27.2% |
| 2019 | -21.3% | +106.0% | -11.7% |
| 2018 | -11.7% | -14.0% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Our Loving Mothers Children 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 Our Loving Mothers Children 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $69K, with expenses exceeding revenue.
Frequently Asked Questions about Our Loving Mothers Children Inc
Is Our Loving Mothers Children Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Our Loving Mothers Children Inc (EIN: 581977341) insufficient data. 0 red flags identified, 0 strengths noted.
How does Our Loving Mothers Children Inc spend its money?
Detailed spending breakdown data is not yet available for Our Loving Mothers Children Inc. Check back for updated IRS 990 analysis.
Are donations to Our Loving Mothers Children Inc tax-deductible?
Our Loving Mothers Children Inc is registered as a tax-exempt nonprofit (EIN: 581977341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Our Loving Mothers Children Inc located?
Our Loving Mothers Children Inc is headquartered in Hampstead, North Carolina and files with the IRS under EIN 581977341. It is classified under NTEE code N99Z.
How many years of IRS 990 filings does Our Loving Mothers Children Inc have?
Our Loving Mothers Children Inc 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 $322K in total revenue.
Filing History
IRS 990 filing history for Our Loving Mothers Children Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Our Loving Mothers Children Inc's revenue has declined by 37.9%, moving from $410K to $254K. Total assets decreased by 43.1% over the same period, from $3.9M to $2.2M. Total functional expenses fell by 21.4%, from $412K to $324K. In its most recent filing year (2022), Our Loving Mothers Children Inc reported a deficit of $69K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $254K | $324K | $2.2M | $0 | — | View 990 |
| 2021 | $229K | $322K | $2.3M | $0 | — | — |
| 2020 | $339K | $1.2M | $2.4M | $0 | — | View 990 |
| 2019 | $253K | $683K | $3.2M | $0 | — | View 990 |
| 2018 | $321K | $332K | $3.7M | $0 | — | View 990 |
| 2017 | $364K | $385K | $3.7M | $0 | — | View 990 |
| 2016 | $365K | $358K | $3.7M | $0 | — | View 990 |
| 2015 | $450K | $483K | $3.7M | $31K | — | View 990 |
| 2014 | $444K | $471K | $3.7M | $26K | — | View 990 |
| 2013 | $375K | $396K | $3.8M | $33K | — | View 990 |
| 2012 | $483K | $495K | $3.8M | $0 | — | View 990 |
| 2011 | $410K | $412K | $3.9M | $150K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $254K, expenses of $324K, and assets of $2.2M (revenue +10.9% year-over-year).
- 2021: Revenue of $229K, expenses of $322K, and assets of $2.3M (revenue -32.3% year-over-year).
- 2020: Revenue of $339K, expenses of $1.2M, and assets of $2.4M (revenue +33.9% year-over-year).
- 2019: Revenue of $253K, expenses of $683K, and assets of $3.2M (revenue -21.3% year-over-year).
- 2018: Revenue of $321K, expenses of $332K, and assets of $3.7M (revenue -11.7% year-over-year).
- 2017: Revenue of $364K, expenses of $385K, and assets of $3.7M (revenue -0.4% year-over-year).
- 2016: Revenue of $365K, expenses of $358K, and assets of $3.7M (revenue -18.8% year-over-year).
- 2015: Revenue of $450K, expenses of $483K, and assets of $3.7M (revenue +1.3% year-over-year).
- 2014: Revenue of $444K, expenses of $471K, and assets of $3.7M (revenue +18.4% year-over-year).
- 2013: Revenue of $375K, expenses of $396K, and assets of $3.8M (revenue -22.5% year-over-year).
- 2012: Revenue of $483K, expenses of $495K, and assets of $3.8M (revenue +18.0% year-over-year).
- 2011: Revenue of $410K, expenses of $412K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Our Loving Mothers Children Inc:
Data Sources and Methodology
This transparency report for Our Loving Mothers Children 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.