Preparing The Way Ministries Inc
EIN: 873309904 · New Holland, PA · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $730K |
| Total Expenses | $326K |
| Net Assets | $-5,500 |
Search Intent Cockpit
Preparing The Way Ministries Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Preparing The Way Ministries Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Preparing The Way Ministries Inc in one place.
Form 990 Filing Summary
2 filing years are available, with latest revenue of $289K and expenses of $326K.
Revenue and Expenses
Preparing The Way Ministries Inc reported $289K in revenue and $326K in expenses, a deficit of $37K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Preparing The Way Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Preparing The Way Ministries Inc shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Limited filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade D | 2 stored filing years |
| Peer context | Compare with The Garage Community And Youth Center | Pennsylvania and Religion context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with The Garage Community And Youth Center →All Pennsylvania nonprofits
All Religion
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
New Holland, PA nonprofitsReligion in Pennsylvania
Religion in Pennsylvania
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Religion spending
Best Religion charities in Pennsylvania
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Insufficient Data. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against The Garage Community And Youth Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
Similar Nonprofits Donors Should Compare
Family Services Foundation
Erie, PA · $706K revenue · Score 95/100
Compare side-by-sideCenter Of Life
Pittsburgh, PA · $3.1M revenue · Score 92/100
Compare side-by-sideTreasure House
Pittsburgh, PA · $1.2M revenue · Score 92/100
Compare side-by-sideNational Nurse Led Care Consortium
Philadelphia, PA · $14.3M revenue · Score 90/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Preparing The Way Ministries Inc with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
About Preparing The Way Ministries Inc
Preparing The Way Ministries Inc (EIN: 873309904) is a nonprofit organization based in New Holland, PA, classified under NTEE code X20. The organization reported total revenue of $730K and total assets of $252K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Preparing The Way Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Preparing The Way Ministries Inc is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $289K |
| Total Expenses | $326K |
| Surplus / Deficit | $-37,458 |
| Total Assets | $2K |
| Total Liabilities | $8K |
| Net Assets | $-5,500 |
| Operating Margin | -13.0% |
| Debt-to-Asset Ratio | 328.1% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2023, Preparing The Way Ministries Inc reported a deficit of $37K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 328.1% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Preparing The Way Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.5% | +45.1% | -92.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Preparing The Way Ministries 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 Preparing The Way Ministries 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 328.1%.
Frequently Asked Questions about Preparing The Way Ministries Inc
Is Preparing The Way Ministries Inc a legitimate charity?
Preparing The Way Ministries Inc (EIN: 873309904) is a registered tax-exempt nonprofit based in Pennsylvania. It has 2 years of IRS 990 filings on record. Total revenue: $730K. No red flags identified. Financial health grade: D.
How does Preparing The Way Ministries Inc spend its money?
Preparing The Way Ministries Inc reported $730K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Preparing The Way Ministries Inc tax-deductible?
Preparing The Way Ministries Inc is registered as a tax-exempt nonprofit (EIN: 873309904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Preparing The Way Ministries Inc located?
Preparing The Way Ministries Inc is headquartered in New Holland, Pennsylvania and files with the IRS under EIN 873309904. It is classified under NTEE code X20.
How many years of IRS 990 filings does Preparing The Way Ministries Inc have?
Preparing The Way Ministries Inc 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 $730K in total revenue.
Filing History
IRS 990 filing history for Preparing The Way Ministries Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Preparing The Way Ministries Inc's revenue has grown by 12.5%, moving from $257K to $289K. Total assets decreased by 92.9% over the same period, from $34K to $2K. Total functional expenses rose by 45.1%, from $225K to $326K. In its most recent filing year (2023), Preparing The Way Ministries Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $8K in liabilities against $2K in assets (debt-to-asset ratio: 328.1%), resulting in net assets of $-5,500.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $289K | $326K | $2K | $8K | — | — |
| 2022 | $257K | $225K | $34K | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Preparing The Way Ministries Inc:
Data Sources and Methodology
This transparency report for Preparing The Way Ministries 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.