Prayer New England Ministries
EIN: 273998582 · Cranston, RI · NTEE: X20
| Metric | Value |
|---|---|
| Total Expenses | $18K |
| Net Assets | $43K |
Is Prayer New England Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prayer New England Ministries
Prayer New England Ministries (EIN: 273998582) is a nonprofit organization based in Cranston, RI, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prayer New England Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prayer New England Ministries is a micro nonprofit that has been operating for 15 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of -22.7%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $18K |
| Surplus / Deficit | +$13K |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | 41.3% |
| Months of Reserves | 29.0 months |
Financial Health Grade: A
In 2012, Prayer New England Ministries reported a surplus of $13K with revenue exceeding expenses, holds 29.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2011–2012), Prayer New England Ministries's revenue has declined at a compound annual growth rate (CAGR) of -22.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | -22.7% | +104.0% | +41.1% |
IRS Tax-Exempt Classification
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prayer New England 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 Prayer New England 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 (2012)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Frequently Asked Questions about Prayer New England Ministries
Is Prayer New England Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Prayer New England Ministries (EIN: 273998582) insufficient data. 0 red flags identified, 0 strengths noted.
How does Prayer New England Ministries spend its money?
Detailed spending breakdown data is not yet available for Prayer New England Ministries. Check back for updated IRS 990 analysis.
Are donations to Prayer New England Ministries tax-deductible?
Prayer New England Ministries is registered as a tax-exempt nonprofit (EIN: 273998582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Prayer New England Ministries located?
Prayer New England Ministries is headquartered in Cranston, Rhode Island and files with the IRS under EIN 273998582. It is classified under NTEE code X20.
How many years of IRS 990 filings does Prayer New England Ministries have?
Prayer New England Ministries has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Prayer New England Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Prayer New England Ministries's revenue has declined by 22.7%, moving from $39K to $30K. Total assets increased by 41.1% over the same period, from $31K to $43K. Total functional expenses rose by 104%, from $9K to $18K. In its most recent filing year (2012), Prayer New England Ministries reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $30K | $18K | $43K | $0 | — | View 990 |
| 2011 | $39K | $9K | $31K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prayer New England Ministries:
Data Sources and Methodology
This transparency report for Prayer New England 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.