Our Mims Retirement Haven Inc

Our Mims Retirement Haven Inc consistently operates with balanced budgets and no executive compensation.

EIN: 205381313 · Paris, KY · NTEE: D20 · Updated: 2026-03-28

$137KRevenue
$136KGross Revenue
$137KAssets
95/100Mission Score (Excellent)
D20
Our Mims Retirement Haven Inc Financial Summary
MetricValue
Total Revenue$137K
Total Expenses$133K
Program Spending90%
CEO/Top Officer Pay$130,000
Net Assets$145K
Transparency Score95/100

Search Intent Cockpit

Our Mims Retirement Haven Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Our Mims Retirement Haven Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Our Mims Retirement Haven Inc in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $133K and expenses of $133K.

Revenue and Expenses

Our Mims Retirement Haven Inc reported $133K in revenue and $133K in expenses, a surplus of $314.

Executive Compensation

Top officer compensation appears as $130,000 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

95/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Our Mims Retirement Haven Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Our Mims Retirement Haven Inc Expense Deployment
Program services$120K (90%)

Across stored filings, Our Mims Retirement Haven Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Our Mims Retirement Haven Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A14 stored filing years
Peer contextCompare with Carriage Museum Of AmericaKentucky and Category D context

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Paris, KY nonprofits
Category D in Kentucky
Unclassified in Kentucky

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90% of spending goes to programs.

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Our Mims Retirement Haven Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Our Mims Retirement Haven Inc

Our Mims Retirement Haven Inc (EIN: 205381313) is a nonprofit organization based in Paris, KY, classified under NTEE code D20. The organization reported total revenue of $137K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Our Mims Retirement Haven Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
14Years of Filings
MixedRevenue Trajectory

Our Mims Retirement Haven Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$133K
Total Expenses$133K
Surplus / Deficit+$314
Total Assets$145K
Net Assets$145K
Operating Margin0.2%
Months of Reserves13.1 months

Financial Health Grade: A

In 2023, Our Mims Retirement Haven Inc reported a surplus of $314 with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position).

Financial Trends

Over 14 years of filings (2010–2023), Our Mims Retirement Haven Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-8.0%-9.3%+0.2%
2022+4.9%-4.2%-1.3%
2021-25.2%+31.1%-9.4%
2020+11.3%-18.7%+72.5%
2019+1.7%+3.2%+25.3%

IRS Tax-Exempt Classification

IRS Classification Codes4000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Our Mims Retirement Haven Inc demonstrates consistent financial stability, operating with revenues closely matching expenses over the past several years. For instance, in 2023, revenue was $133,362 against expenses of $133,048, indicating a balanced budget. The organization maintains a healthy asset base relative to its size, with assets of $144,698 in 2023 and no reported liabilities across all available filings, which is a strong indicator of financial health and responsible management. This lack of liabilities suggests the organization is not reliant on debt and manages its cash flow effectively. The organization's spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation, which means all funds are directed towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial picture suggests a lean operation. The consistent revenue generation, averaging around $130,000-$160,000 annually in recent years, indicates a stable donor base for its niche mission of horse retirement. Transparency is excellent, as evidenced by 14 years of consistent IRS 990 filings and the clear reporting of no liabilities and no officer compensation. This level of disclosure, combined with a stable financial position and efficient use of funds, paints a picture of a well-managed and trustworthy nonprofit. The organization's ability to maintain its mission with a relatively modest budget and without executive compensation is a significant strength.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Our Mims Retirement Haven Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Our Mims Retirement Haven Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$133KTotal Revenue
$133KTotal Expenses
$145KTotal Assets
$145KNet Assets
  • The organization reported a surplus of $314, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with annual revenues around $130,000-$160,000.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Our Mims Retirement Haven Inc:

  • Consistent balanced budget, with expenses closely matching revenue (e.g., 2023: Revenue=$133,362, Expenses=$133,048).
  • Zero officer compensation reported across all filings, ensuring funds are directed to the mission.
  • No reported liabilities in any filing period, indicating strong financial health and no debt.
  • Healthy asset base relative to its size, with assets of $144,698 in 2023.
  • Excellent transparency with 14 years of consistent IRS 990 filings.

Frequently Asked Questions about Our Mims Retirement Haven Inc

Is Our Mims Retirement Haven Inc a legitimate charity?

Our Mims Retirement Haven Inc (EIN: 205381313) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $137K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Our Mims Retirement Haven Inc spend its money?

Our Mims Retirement Haven Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Our Mims Retirement Haven Inc tax-deductible?

Our Mims Retirement Haven Inc is registered as a tax-exempt nonprofit (EIN: 205381313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Our Mims Retirement Haven Inc CEO make?

Our Mims Retirement Haven Inc's highest-compensated officer earns $130,000 annually. The organization reported $137K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Our Mims Retirement Haven Inc's spending goes to programs?

Our Mims Retirement Haven Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Our Mims Retirement Haven Inc compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Our Mims Retirement Haven Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Our Mims Retirement Haven Inc located?

Our Mims Retirement Haven Inc is headquartered in Paris, Kentucky and files with the IRS under EIN 205381313. It is classified under NTEE code D20.

How many years of IRS 990 filings does Our Mims Retirement Haven Inc have?

Our Mims Retirement Haven Inc has 14 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 $137K in total revenue.

Is Our Mims Retirement Haven Inc a good charity?

Yes, Our Mims Retirement Haven Inc appears to be a very good charity. It consistently operates with a balanced budget, has no reported liabilities, and impressively reports 0% officer compensation, meaning all funds go directly to its mission.

How does Our Mims Retirement Haven Inc manage its finances?

The organization manages its finances very conservatively and efficiently. It consistently keeps expenses in line with revenue, as seen in 2023 where revenue was $133,362 and expenses were $133,048, and maintains a healthy asset base without incurring any liabilities.

What is the trend in Our Mims Retirement Haven Inc's revenue?

Our Mims Retirement Haven Inc's revenue has been relatively stable over the past decade, generally fluctuating between $130,000 and $185,000 annually in recent years, indicating a consistent level of donor support.

Filing History

IRS 990 filing history for Our Mims Retirement Haven Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Our Mims Retirement Haven Inc's revenue has grown by 241.8%, moving from $39K to $133K. Total assets increased by 1382.6% over the same period, from $10K to $145K. Total functional expenses rose by 265.8%, from $36K to $133K. In its most recent filing year (2023), Our Mims Retirement Haven Inc reported a surplus of $314, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $133K $133K $145K $0 View 990
2022 $145K $147K $144K $0 View 990
2021 $138K $153K $146K $0
2020 $185K $117K $161K $0 View 990
2019 $166K $144K $94K $0 View 990
2018 $163K $139K $75K $0 View 990
2017 $143K $140K $51K $0 View 990
2016 $97K $99K $48K $0 View 990
2015 $105K $80K $50K $0 View 990
2014 $54K $52K $27K $0 View 990
2013 $46K $89K $28K $3K View 990
2012 $94K $38K $63K $0 View 990
2011 $41K $48K $6K $0 View 990
2010 $39K $36K $10K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $133K, expenses of $133K, and assets of $145K (revenue -8.0% year-over-year).
  • 2022: Revenue of $145K, expenses of $147K, and assets of $144K (revenue +4.9% year-over-year).
  • 2021: Revenue of $138K, expenses of $153K, and assets of $146K (revenue -25.2% year-over-year).
  • 2020: Revenue of $185K, expenses of $117K, and assets of $161K (revenue +11.3% year-over-year).
  • 2019: Revenue of $166K, expenses of $144K, and assets of $94K (revenue +1.7% year-over-year).
  • 2018: Revenue of $163K, expenses of $139K, and assets of $75K (revenue +13.8% year-over-year).
  • 2017: Revenue of $143K, expenses of $140K, and assets of $51K (revenue +48.0% year-over-year).
  • 2016: Revenue of $97K, expenses of $99K, and assets of $48K (revenue -7.6% year-over-year).
  • 2015: Revenue of $105K, expenses of $80K, and assets of $50K (revenue +93.5% year-over-year).
  • 2014: Revenue of $54K, expenses of $52K, and assets of $27K (revenue +18.2% year-over-year).
  • 2013: Revenue of $46K, expenses of $89K, and assets of $28K (revenue -51.4% year-over-year).
  • 2012: Revenue of $94K, expenses of $38K, and assets of $63K (revenue +127.5% year-over-year).
  • 2011: Revenue of $41K, expenses of $48K, and assets of $6K (revenue +6.3% year-over-year).
  • 2010: Revenue of $39K, expenses of $36K, and assets of $10K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Our Mims Retirement Haven Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Our Mims Retirement Haven 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.

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