Richard Hanson Ministries Inc
Richard Hanson Ministries Inc reports $0 revenue and assets in its latest filing, indicating potential inactivity after years of fluctuating finances.
EIN: 208027738 · Mandeville, LA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $50K |
| Program Spending | 75% |
| Net Assets | $23K |
| Transparency Score | 60/100 |
Is Richard Hanson Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Richard Hanson Ministries Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Richard Hanson Ministries Inc
Richard Hanson Ministries Inc (EIN: 208027738) is a nonprofit organization based in Mandeville, LA. 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 Richard Hanson Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard Hanson Ministries Inc is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -9.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $50K |
| Surplus / Deficit | +$17K |
| Total Assets | $24K |
| Total Liabilities | $1K |
| Net Assets | $23K |
| Operating Margin | 25.1% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2014, Richard Hanson Ministries Inc reported a surplus of $17K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Richard Hanson Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -34.4% | -63.7% | +223.9% |
| 2013 | -15.5% | +44.5% | -83.0% |
| 2012 | +32.0% | +16.4% | +158.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Richard Hanson Ministries Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Richard Hanson Ministries Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.6%.
Executive Compensation Analysis
Officer compensation was consistently reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an active organization and suggests a volunteer-led structure or that compensation was reported elsewhere.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Richard Hanson Ministries Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, suggesting potential inactivity or dissolution.
- Significant expense exceeding revenue in 2013 ($137,162 expenses vs. $101,391 revenue), indicating financial strain.
- Lack of detailed expense breakdown in provided data limits full financial efficiency assessment.
Strengths
The following positive indicators were identified for Richard Hanson Ministries Inc:
- Consistently reported 0% officer compensation, indicating resources were not used for executive salaries.
- Maintained positive assets in active years, demonstrating some financial stability despite fluctuations.
Frequently Asked Questions about Richard Hanson Ministries Inc
Is Richard Hanson Ministries Inc a legitimate charity?
Richard Hanson Ministries Inc (EIN: 208027738) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 60/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Richard Hanson Ministries Inc spend its money?
Richard Hanson Ministries Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Richard Hanson Ministries Inc tax-deductible?
Richard Hanson Ministries Inc is registered as a tax-exempt nonprofit (EIN: 208027738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Richard Hanson Ministries Inc's spending goes to programs?
Richard Hanson Ministries Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Richard Hanson Ministries Inc located?
Richard Hanson Ministries Inc is headquartered in Mandeville, Louisiana and files with the IRS under EIN 208027738.
How many years of IRS 990 filings does Richard Hanson Ministries Inc have?
Richard Hanson Ministries Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Richard Hanson Ministries Inc still active?
Based on the latest filing showing $0 in revenue and assets, it appears the organization may no longer be active or has significantly reduced its operations.
How did the organization manage its finances during its active years?
During its active years, the organization experienced fluctuating financial health, with some years showing revenue exceeding expenses (e.g., 2012) and others showing expenses exceeding revenue (e.g., 2013).
What was the trend in revenue and expenses?
Revenue peaked at $120,008 in 2012 and then declined to $66,505 by 2014. Expenses followed a similar fluctuating pattern, peaking at $137,162 in 2013.
Filing History
IRS 990 filing history for Richard Hanson Ministries Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Richard Hanson Ministries Inc's revenue has declined by 26.8%, moving from $91K to $67K. Total assets increased by 42.6% over the same period, from $17K to $24K. Total functional expenses fell by 38.9%, from $82K to $50K. In its most recent filing year (2014), Richard Hanson Ministries Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $1K in liabilities against $24K in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $67K | $50K | $24K | $1K | — | View 990 |
| 2013 | $101K | $137K | $7K | $1K | — | View 990 |
| 2012 | $120K | $95K | $43K | $1K | — | View 990 |
| 2011 | $91K | $82K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $67K, expenses of $50K, and assets of $24K (revenue -34.4% year-over-year).
- 2013: Revenue of $101K, expenses of $137K, and assets of $7K (revenue -15.5% year-over-year).
- 2012: Revenue of $120K, expenses of $95K, and assets of $43K (revenue +32.0% year-over-year).
- 2011: Revenue of $91K, expenses of $82K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard Hanson Ministries Inc:
Data Sources and Methodology
This transparency report for Richard Hanson 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.