Sacred Heart Mission For Gladwin County Michigan
EIN: 461485633 · Gladwin, MI · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $738K |
| Total Expenses | $298K |
| Net Assets | $763K |
Is Sacred Heart Mission For Gladwin County Michigan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sacred Heart Mission For Gladwin County Michigan
Sacred Heart Mission For Gladwin County Michigan (EIN: 461485633) is a nonprofit organization based in Gladwin, MI, classified under NTEE code P20. The organization reported total revenue of $738K and total assets of $764K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sacred Heart Mission For Gladwin County Michigan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sacred Heart Mission For Gladwin County Michigan is a small nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 15.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $738K |
| Total Expenses | $298K |
| Surplus / Deficit | +$440K |
| Total Assets | $764K |
| Total Liabilities | $1K |
| Net Assets | $763K |
| Operating Margin | 59.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 30.8 months |
Financial Health Grade: A
In 2024, Sacred Heart Mission For Gladwin County Michigan reported a surplus of $440K with revenue exceeding expenses, holds 30.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Sacred Heart Mission For Gladwin County Michigan's revenue has grown at a compound annual growth rate (CAGR) of 15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +193.9% | +54.3% | +136.7% |
| 2023 | +0.4% | -2.1% | +22.0% |
| 2022 | +29.7% | +72.2% | +19.2% |
| 2021 | +9.2% | -20.4% | +52.6% |
| 2020 | +5.0% | -1.9% | +44.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sacred Heart Mission For Gladwin County Michigan 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 Sacred Heart Mission For Gladwin County Michigan 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $440K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Sacred Heart Mission For Gladwin County Michigan
Is Sacred Heart Mission For Gladwin County Michigan a legitimate charity?
Based on AI analysis of IRS 990 filings, Sacred Heart Mission For Gladwin County Michigan (EIN: 461485633) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sacred Heart Mission For Gladwin County Michigan spend its money?
Detailed spending breakdown data is not yet available for Sacred Heart Mission For Gladwin County Michigan. Check back for updated IRS 990 analysis.
Are donations to Sacred Heart Mission For Gladwin County Michigan tax-deductible?
Sacred Heart Mission For Gladwin County Michigan is registered as a tax-exempt nonprofit (EIN: 461485633). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sacred Heart Mission For Gladwin County Michigan located?
Sacred Heart Mission For Gladwin County Michigan is headquartered in Gladwin, Michigan and files with the IRS under EIN 461485633. It is classified under NTEE code P20.
How many years of IRS 990 filings does Sacred Heart Mission For Gladwin County Michigan have?
Sacred Heart Mission For Gladwin County Michigan has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $738K in total revenue.
Filing History
IRS 990 filing history for Sacred Heart Mission For Gladwin County Michigan showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sacred Heart Mission For Gladwin County Michigan's revenue has grown by 546.7%, moving from $114K to $738K. Total assets increased by 2821.4% over the same period, from $26K to $764K. Total functional expenses rose by 144.3%, from $122K to $298K. In its most recent filing year (2024), Sacred Heart Mission For Gladwin County Michigan reported a surplus of $440K, with revenue exceeding expenses. The organization holds $1K in liabilities against $764K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $763K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $738K | $298K | $764K | $1K | — | — |
| 2023 | $251K | $193K | $323K | $0 | — | View 990 |
| 2022 | $250K | $197K | $265K | $0 | — | View 990 |
| 2021 | $193K | $115K | $222K | $10K | — | — |
| 2020 | $176K | $144K | $145K | $12K | — | View 990 |
| 2019 | $168K | $147K | $101K | $0 | — | View 990 |
| 2018 | $158K | $156K | $80K | $0 | — | — |
| 2017 | $160K | $144K | $78K | $0 | — | View 990 |
| 2016 | $152K | $136K | $61K | $0 | — | View 990 |
| 2015 | $144K | $132K | $45K | $0 | — | View 990 |
| 2014 | $138K | $152K | $34K | $0 | — | View 990 |
| 2013 | $146K | $136K | $47K | $0 | — | View 990 |
| 2012 | $113K | $103K | $36K | $0 | — | View 990 |
| 2011 | $114K | $122K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $738K, expenses of $298K, and assets of $764K (revenue +193.9% year-over-year).
- 2023: Revenue of $251K, expenses of $193K, and assets of $323K (revenue +0.4% year-over-year).
- 2022: Revenue of $250K, expenses of $197K, and assets of $265K (revenue +29.7% year-over-year).
- 2021: Revenue of $193K, expenses of $115K, and assets of $222K (revenue +9.2% year-over-year).
- 2020: Revenue of $176K, expenses of $144K, and assets of $145K (revenue +5.0% year-over-year).
- 2019: Revenue of $168K, expenses of $147K, and assets of $101K (revenue +6.3% year-over-year).
- 2018: Revenue of $158K, expenses of $156K, and assets of $80K (revenue -1.3% year-over-year).
- 2017: Revenue of $160K, expenses of $144K, and assets of $78K (revenue +5.3% year-over-year).
- 2016: Revenue of $152K, expenses of $136K, and assets of $61K (revenue +5.7% year-over-year).
- 2015: Revenue of $144K, expenses of $132K, and assets of $45K (revenue +3.9% year-over-year).
- 2014: Revenue of $138K, expenses of $152K, and assets of $34K (revenue -5.4% year-over-year).
- 2013: Revenue of $146K, expenses of $136K, and assets of $47K (revenue +29.2% year-over-year).
- 2012: Revenue of $113K, expenses of $103K, and assets of $36K (revenue -0.7% year-over-year).
- 2011: Revenue of $114K, expenses of $122K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sacred Heart Mission For Gladwin County Michigan:
Data Sources and Methodology
This transparency report for Sacred Heart Mission For Gladwin County Michigan 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.