Reverence Ministries Inc
EIN: 822833221 · Calhoun, GA · NTEE: X99
Is Reverence Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reverence Ministries Inc
Reverence Ministries Inc (EIN: 822833221) is a nonprofit organization based in Calhoun, GA, classified under NTEE code X99. The organization reported total revenue of $217K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reverence Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reverence Ministries Inc is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 38.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $262K |
| Total Expenses | $249K |
| Surplus / Deficit | +$13K |
| Total Assets | $123K |
| Net Assets | $123K |
| Operating Margin | 5.1% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2023, Reverence Ministries Inc reported a surplus of $13K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate).
Financial Trends
Over 6 years of filings (2018–2023), Reverence Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | +12.7% | +12.3% |
| 2022 | -18.4% | -28.5% | +15.7% |
| 2021 | +9.2% | +50.9% | -19.9% |
| 2020 | +205.9% | +185.5% | +95.1% |
| 2019 | +65.1% | +480.0% | +43.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reverence 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 Reverence 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 surplus of $13K, with revenue exceeding expenses.
Frequently Asked Questions about Reverence Ministries Inc
Is Reverence Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reverence Ministries Inc (EIN: 822833221) insufficient data. 0 red flags identified, 0 strengths noted.
How does Reverence Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Reverence Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Reverence Ministries Inc tax-deductible?
Reverence Ministries Inc is registered as a tax-exempt nonprofit (EIN: 822833221). 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 Reverence Ministries Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Reverence Ministries Inc's revenue has grown by 400.9%, moving from $52K to $262K. Total assets increased by 192.1% over the same period, from $42K to $123K. Total functional expenses rose by 1911.2%, from $12K to $249K. In its most recent filing year (2023), Reverence Ministries Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $262K | $249K | $123K | $0 | — | View 990 |
| 2022 | $236K | $221K | $109K | $0 | — | View 990 |
| 2021 | $289K | $309K | $94K | $0 | — | View 990 |
| 2020 | $265K | $205K | $118K | $3K | — | — |
| 2019 | $87K | $72K | $60K | $6K | — | View 990 |
| 2018 | $52K | $12K | $42K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $262K, expenses of $249K, and assets of $123K (revenue +11.3% year-over-year).
- 2022: Revenue of $236K, expenses of $221K, and assets of $109K (revenue -18.4% year-over-year).
- 2021: Revenue of $289K, expenses of $309K, and assets of $94K (revenue +9.2% year-over-year).
- 2020: Revenue of $265K, expenses of $205K, and assets of $118K (revenue +205.9% year-over-year).
- 2019: Revenue of $87K, expenses of $72K, and assets of $60K (revenue +65.1% year-over-year).
- 2018: Revenue of $52K, expenses of $12K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reverence Ministries Inc:
Data Sources and Methodology
This transparency report for Reverence 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.