Pinnacle Ministries Of Yanceyville Inc
EIN: 861054958 · Burlington, NC · NTEE: X02
Is Pinnacle Ministries Of Yanceyville Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pinnacle Ministries Of Yanceyville Inc
Pinnacle Ministries Of Yanceyville Inc (EIN: 861054958) is a nonprofit organization based in Burlington, NC, classified under NTEE code X02. The organization reported total revenue of $222K and total assets of $293K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pinnacle Ministries Of Yanceyville Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Pinnacle Ministries Of Yanceyville 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 Pinnacle Ministries Of Yanceyville 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.
Frequently Asked Questions about Pinnacle Ministries Of Yanceyville Inc
Is Pinnacle Ministries Of Yanceyville Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pinnacle Ministries Of Yanceyville Inc (EIN: 861054958) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pinnacle Ministries Of Yanceyville Inc spend its money?
Detailed spending breakdown data is not yet available for Pinnacle Ministries Of Yanceyville Inc. Check back for updated IRS 990 analysis.
Are donations to Pinnacle Ministries Of Yanceyville Inc tax-deductible?
Pinnacle Ministries Of Yanceyville Inc is registered as a tax-exempt nonprofit (EIN: 861054958). 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 Pinnacle Ministries Of Yanceyville Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Pinnacle Ministries Of Yanceyville Inc's revenue has grown by 43.8%, moving from $98K to $140K. Total assets increased by 2461.5% over the same period, from $10K to $266K. Total functional expenses rose by 55.8%, from $88K to $138K. In its most recent filing year (2023), Pinnacle Ministries Of Yanceyville Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $165K in liabilities against $266K in assets (debt-to-asset ratio: 62.2%), resulting in net assets of $100K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $140K | $138K | $266K | $165K | — | — |
| 2022 | $170K | $140K | $136K | $51K | — | View 990 |
| 2021 | $144K | $136K | $134K | $79K | — | View 990 |
| 2020 | $130K | $128K | $132K | $68K | — | — |
| 2019 | $143K | $141K | $130K | $70K | — | — |
| 2018 | $73K | $67K | $129K | $73K | — | View 990 |
| 2017 | $70K | $60K | $339K | $259K | — | View 990 |
| 2016 | $104K | $80K | $340K | $274K | — | View 990 |
| 2015 | $126K | $90K | $344K | $293K | — | — |
| 2014 | $98K | $88K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $140K, expenses of $138K, and assets of $266K (revenue -17.5% year-over-year).
- 2022: Revenue of $170K, expenses of $140K, and assets of $136K (revenue +17.8% year-over-year).
- 2021: Revenue of $144K, expenses of $136K, and assets of $134K (revenue +10.8% year-over-year).
- 2020: Revenue of $130K, expenses of $128K, and assets of $132K (revenue -9.1% year-over-year).
- 2019: Revenue of $143K, expenses of $141K, and assets of $130K (revenue +96.2% year-over-year).
- 2018: Revenue of $73K, expenses of $67K, and assets of $129K (revenue +4.1% year-over-year).
- 2017: Revenue of $70K, expenses of $60K, and assets of $339K (revenue -32.3% year-over-year).
- 2016: Revenue of $104K, expenses of $80K, and assets of $340K (revenue -17.8% year-over-year).
- 2015: Revenue of $126K, expenses of $90K, and assets of $344K (revenue +29.2% year-over-year).
- 2014: Revenue of $98K, expenses of $88K, and assets of $10K.
Data Sources and Methodology
This transparency report for Pinnacle Ministries Of Yanceyville 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.