Persuade The World Ministries
EIN: 841523636 · Colorado Spgs, CO · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $2.3M |
| Net Assets | $1.5M |
Is Persuade The World Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Persuade The World Ministries
Persuade The World Ministries (EIN: 841523636) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code X21. The organization reported total revenue of $2.1M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Persuade The World Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Persuade The World Ministries is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 35.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-211,930 |
| Total Assets | $1.6M |
| Total Liabilities | $78K |
| Net Assets | $1.5M |
| Operating Margin | -10.1% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 8.3 months |
Financial Health Grade: B
In 2023, Persuade The World Ministries reported a deficit of $212K with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Persuade The World Ministries's revenue has grown at a compound annual growth rate (CAGR) of 35.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.9% | -51.7% | -25.7% |
| 2022 | -32.2% | -18.6% | -15.0% |
| 2021 | -7.1% | +14.5% | +3.5% |
| 2020 | +84.5% | +60.5% | +128.7% |
| 2019 | +28.1% | +24.5% | +89.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Persuade The World 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 Persuade The World 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 $212K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about Persuade The World Ministries
Is Persuade The World Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Persuade The World Ministries (EIN: 841523636) insufficient data. 0 red flags identified, 0 strengths noted.
How does Persuade The World Ministries spend its money?
Detailed spending breakdown data is not yet available for Persuade The World Ministries. Check back for updated IRS 990 analysis.
Are donations to Persuade The World Ministries tax-deductible?
Persuade The World Ministries is registered as a tax-exempt nonprofit (EIN: 841523636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Persuade The World Ministries located?
Persuade The World Ministries is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 841523636. It is classified under NTEE code X21.
How many years of IRS 990 filings does Persuade The World Ministries have?
Persuade The World Ministries has 13 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Persuade The World Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Persuade The World Ministries's revenue has grown by 3564.4%, moving from $57K to $2.1M. Total assets increased by 3445% over the same period, from $45K to $1.6M. Total functional expenses rose by 3809.4%, from $59K to $2.3M. In its most recent filing year (2023), Persuade The World Ministries reported a deficit of $212K, with expenses exceeding revenue. The organization holds $78K in liabilities against $1.6M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.3M | $1.6M | $78K | — | View 990 |
| 2022 | $4.1M | $4.8M | $2.1M | $418K | — | View 990 |
| 2021 | $6.1M | $5.9M | $2.5M | $123K | — | View 990 |
| 2020 | $6.5M | $5.1M | $2.4M | $224K | — | — |
| 2019 | $3.5M | $3.2M | $1.1M | $246K | — | View 990 |
| 2018 | $2.8M | $2.6M | $564K | $81K | — | View 990 |
| 2017 | $2.2M | $2.3M | $479K | $190K | — | — |
| 2016 | $1.4M | $987K | $368K | $39K | — | View 990 |
| 2015 | $1.6M | $1.5M | $94K | $141K | — | View 990 |
| 2014 | $854K | $905K | $66K | $142K | — | View 990 |
| 2013 | $-657 | $45K | $15K | $40K | — | View 990 |
| 2012 | $20K | $42K | $22K | $0 | — | View 990 |
| 2011 | $57K | $59K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.3M, and assets of $1.6M (revenue -48.9% year-over-year).
- 2022: Revenue of $4.1M, expenses of $4.8M, and assets of $2.1M (revenue -32.2% year-over-year).
- 2021: Revenue of $6.1M, expenses of $5.9M, and assets of $2.5M (revenue -7.1% year-over-year).
- 2020: Revenue of $6.5M, expenses of $5.1M, and assets of $2.4M (revenue +84.5% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.2M, and assets of $1.1M (revenue +28.1% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.6M, and assets of $564K (revenue +23.7% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.3M, and assets of $479K (revenue +64.0% year-over-year).
- 2016: Revenue of $1.4M, expenses of $987K, and assets of $368K (revenue -12.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $94K (revenue +82.1% year-over-year).
- 2014: Revenue of $854K, expenses of $905K, and assets of $66K.
- 2013: Revenue of $-657, expenses of $45K, and assets of $15K (revenue -103.3% year-over-year).
- 2012: Revenue of $20K, expenses of $42K, and assets of $22K (revenue -65.5% year-over-year).
- 2011: Revenue of $57K, expenses of $59K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Persuade The World Ministries:
Data Sources and Methodology
This transparency report for Persuade The World 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.