Precious In Pink Jail Ministries
EIN: 465110507 · Hernando, MS · NTEE: I43
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Total Expenses | $134K |
| Net Assets | $207K |
Is Precious In Pink Jail Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Precious In Pink Jail Ministries
Precious In Pink Jail Ministries (EIN: 465110507) is a nonprofit organization based in Hernando, MS, classified under NTEE code I43. The organization reported total revenue of $42K and total assets of $486K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Precious In Pink Jail Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Precious In Pink Jail Ministries is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -24.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $134K |
| Surplus / Deficit | $-33,971 |
| Total Assets | $293K |
| Total Liabilities | $86K |
| Net Assets | $207K |
| Operating Margin | -33.9% |
| Debt-to-Asset Ratio | 29.3% |
| Months of Reserves | 26.2 months |
Financial Health Grade: B
In 2023, Precious In Pink Jail Ministries reported a deficit of $34K with expenses exceeding revenue, holds 26.2 months of operating reserves (strong position), has a debt-to-asset ratio of 29.3% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Precious In Pink Jail Ministries's revenue has declined at a compound annual growth rate (CAGR) of -24.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.3% | -6.3% | -15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Precious In Pink Jail 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 Precious In Pink Jail 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 $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.3%.
Frequently Asked Questions about Precious In Pink Jail Ministries
Is Precious In Pink Jail Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Precious In Pink Jail Ministries (EIN: 465110507) insufficient data. 0 red flags identified, 0 strengths noted.
How does Precious In Pink Jail Ministries spend its money?
Detailed spending breakdown data is not yet available for Precious In Pink Jail Ministries. Check back for updated IRS 990 analysis.
Are donations to Precious In Pink Jail Ministries tax-deductible?
Precious In Pink Jail Ministries is registered as a tax-exempt nonprofit (EIN: 465110507). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Precious In Pink Jail Ministries located?
Precious In Pink Jail Ministries is headquartered in Hernando, Mississippi and files with the IRS under EIN 465110507. It is classified under NTEE code I43.
How many years of IRS 990 filings does Precious In Pink Jail Ministries have?
Precious In Pink Jail Ministries has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $42K in total revenue.
Filing History
IRS 990 filing history for Precious In Pink Jail Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Precious In Pink Jail Ministries's revenue has declined by 24.3%, moving from $132K to $100K. Total assets decreased by 15.7% over the same period, from $347K to $293K. Total functional expenses fell by 6.3%, from $143K to $134K. In its most recent filing year (2023), Precious In Pink Jail Ministries reported a deficit of $34K, with expenses exceeding revenue. The organization holds $86K in liabilities against $293K in assets (debt-to-asset ratio: 29.3%), resulting in net assets of $207K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $134K | $293K | $86K | — | View 990 |
| 2022 | $132K | $143K | $347K | $106K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Precious In Pink Jail Ministries:
Data Sources and Methodology
This transparency report for Precious In Pink Jail 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.