Power Of Faith Youth Ministry
EIN: 262761970 · Hertford, NC · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $653K |
| Total Expenses | $546K |
| Net Assets | $216K |
Is Power Of Faith Youth Ministry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Power Of Faith Youth Ministry
Power Of Faith Youth Ministry (EIN: 262761970) is a nonprofit organization based in Hertford, NC, classified under NTEE code P30. The organization reported total revenue of $653K and total assets of $273K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Power Of Faith Youth Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Power Of Faith Youth Ministry is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $653K |
| Total Expenses | $546K |
| Surplus / Deficit | +$108K |
| Total Assets | $273K |
| Total Liabilities | $57K |
| Net Assets | $216K |
| Operating Margin | 16.5% |
| Debt-to-Asset Ratio | 21.0% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2022, Power Of Faith Youth Ministry reported a surplus of $108K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 21.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Power Of Faith Youth Ministry's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +11.1% | -4.7% | +6.5% |
| 2021 | +2.3% | +6.5% | +78.5% |
| 2020 | +20.6% | +25.7% | +48.9% |
| 2019 | +0.9% | -10.7% | +5.1% |
| 2018 | +10.0% | +12.5% | +66.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Power Of Faith Youth Ministry 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 Power Of Faith Youth Ministry 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 $108K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.0%.
Frequently Asked Questions about Power Of Faith Youth Ministry
Is Power Of Faith Youth Ministry a legitimate charity?
Based on AI analysis of IRS 990 filings, Power Of Faith Youth Ministry (EIN: 262761970) insufficient data. 0 red flags identified, 0 strengths noted.
How does Power Of Faith Youth Ministry spend its money?
Detailed spending breakdown data is not yet available for Power Of Faith Youth Ministry. Check back for updated IRS 990 analysis.
Are donations to Power Of Faith Youth Ministry tax-deductible?
Power Of Faith Youth Ministry is registered as a tax-exempt nonprofit (EIN: 262761970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Power Of Faith Youth Ministry located?
Power Of Faith Youth Ministry is headquartered in Hertford, North Carolina and files with the IRS under EIN 262761970. It is classified under NTEE code P30.
How many years of IRS 990 filings does Power Of Faith Youth Ministry have?
Power Of Faith Youth Ministry 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 $653K in total revenue.
Filing History
IRS 990 filing history for Power Of Faith Youth Ministry showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Power Of Faith Youth Ministry's revenue has grown by 92.4%, moving from $339K to $653K. Total assets increased by 685.9% over the same period, from $35K to $273K. Total functional expenses rose by 55.9%, from $350K to $546K. In its most recent filing year (2022), Power Of Faith Youth Ministry reported a surplus of $108K, with revenue exceeding expenses. The organization holds $57K in liabilities against $273K in assets (debt-to-asset ratio: 21.0%), resulting in net assets of $216K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $653K | $546K | $273K | $57K | — | View 990 |
| 2021 | $588K | $572K | $256K | $148K | — | View 990 |
| 2020 | $575K | $537K | $144K | $51K | — | View 990 |
| 2019 | $477K | $427K | $96K | $42K | — | View 990 |
| 2018 | $473K | $479K | $92K | $86K | — | View 990 |
| 2017 | $430K | $426K | $55K | $43K | — | View 990 |
| 2016 | $463K | $469K | $57K | $50K | — | View 990 |
| 2015 | $435K | $444K | $60K | $47K | — | View 990 |
| 2014 | $402K | $415K | $56K | $35K | — | View 990 |
| 2013 | $395K | $391K | $41K | $7K | — | View 990 |
| 2012 | $383K | $359K | $40K | $10K | — | View 990 |
| 2011 | $339K | $350K | $35K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $653K, expenses of $546K, and assets of $273K (revenue +11.1% year-over-year).
- 2021: Revenue of $588K, expenses of $572K, and assets of $256K (revenue +2.3% year-over-year).
- 2020: Revenue of $575K, expenses of $537K, and assets of $144K (revenue +20.6% year-over-year).
- 2019: Revenue of $477K, expenses of $427K, and assets of $96K (revenue +0.9% year-over-year).
- 2018: Revenue of $473K, expenses of $479K, and assets of $92K (revenue +10.0% year-over-year).
- 2017: Revenue of $430K, expenses of $426K, and assets of $55K (revenue -7.3% year-over-year).
- 2016: Revenue of $463K, expenses of $469K, and assets of $57K (revenue +6.5% year-over-year).
- 2015: Revenue of $435K, expenses of $444K, and assets of $60K (revenue +8.2% year-over-year).
- 2014: Revenue of $402K, expenses of $415K, and assets of $56K (revenue +1.8% year-over-year).
- 2013: Revenue of $395K, expenses of $391K, and assets of $41K (revenue +3.1% year-over-year).
- 2012: Revenue of $383K, expenses of $359K, and assets of $40K (revenue +12.8% year-over-year).
- 2011: Revenue of $339K, expenses of $350K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Power Of Faith Youth Ministry:
Data Sources and Methodology
This transparency report for Power Of Faith Youth Ministry 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.