Shalom Ministries Inc
EIN: 481097572 · Mound City, KS · NTEE: X30Z
| Metric | Value |
|---|---|
| Total Revenue | $238K |
| Total Expenses | $222K |
| Net Assets | $363K |
Is Shalom 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 Shalom Ministries Inc
Shalom Ministries Inc (EIN: 481097572) is a nonprofit organization based in Mound City, KS, classified under NTEE code X30Z. The organization reported total revenue of $238K and total assets of $346K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shalom Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shalom Ministries Inc is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $232K |
| Total Expenses | $222K |
| Surplus / Deficit | +$10K |
| Total Assets | $363K |
| Net Assets | $363K |
| Operating Margin | 4.4% |
| Months of Reserves | 19.6 months |
Financial Health Grade: A
In 2023, Shalom Ministries Inc reported a surplus of $10K with revenue exceeding expenses, holds 19.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Shalom Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | +19.6% | +3.1% |
| 2022 | +27.7% | +21.6% | +9.4% |
| 2021 | -9.4% | +23.5% | +3.9% |
| 2020 | +26.7% | -17.7% | +24.1% |
| 2019 | +74.8% | +45.9% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shalom 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 Shalom 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 $10K, with revenue exceeding expenses.
Frequently Asked Questions about Shalom Ministries Inc
Is Shalom Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shalom Ministries Inc (EIN: 481097572) insufficient data. 0 red flags identified, 0 strengths noted.
How does Shalom Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Shalom Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Shalom Ministries Inc tax-deductible?
Shalom Ministries Inc is registered as a tax-exempt nonprofit (EIN: 481097572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shalom Ministries Inc located?
Shalom Ministries Inc is headquartered in Mound City, Kansas and files with the IRS under EIN 481097572. It is classified under NTEE code X30Z.
How many years of IRS 990 filings does Shalom Ministries Inc have?
Shalom Ministries Inc has 13 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 $238K in total revenue.
Filing History
IRS 990 filing history for Shalom Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shalom Ministries Inc's revenue has grown by 357.2%, moving from $51K to $232K. Total assets increased by 575% over the same period, from $54K to $363K. Total functional expenses rose by 209.2%, from $72K to $222K. In its most recent filing year (2023), Shalom Ministries Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $232K | $222K | $363K | $0 | — | — |
| 2022 | $213K | $186K | $352K | $0 | — | — |
| 2021 | $166K | $153K | $322K | $0 | — | View 990 |
| 2020 | $184K | $124K | $310K | $0 | — | — |
| 2019 | $145K | $150K | $250K | $0 | — | View 990 |
| 2018 | $83K | $103K | $255K | $0 | — | View 990 |
| 2017 | $101K | $86K | $275K | $0 | — | — |
| 2016 | $107K | $91K | $259K | $0 | — | View 990 |
| 2015 | $118K | $106K | $243K | $0 | — | View 990 |
| 2014 | $172K | $64K | $232K | $806 | — | View 990 |
| 2013 | $120K | $75K | $123K | $0 | — | View 990 |
| 2012 | $98K | $74K | $77K | $0 | — | View 990 |
| 2011 | $51K | $72K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $232K, expenses of $222K, and assets of $363K (revenue +9.2% year-over-year).
- 2022: Revenue of $213K, expenses of $186K, and assets of $352K (revenue +27.7% year-over-year).
- 2021: Revenue of $166K, expenses of $153K, and assets of $322K (revenue -9.4% year-over-year).
- 2020: Revenue of $184K, expenses of $124K, and assets of $310K (revenue +26.7% year-over-year).
- 2019: Revenue of $145K, expenses of $150K, and assets of $250K (revenue +74.8% year-over-year).
- 2018: Revenue of $83K, expenses of $103K, and assets of $255K (revenue -18.1% year-over-year).
- 2017: Revenue of $101K, expenses of $86K, and assets of $275K (revenue -5.0% year-over-year).
- 2016: Revenue of $107K, expenses of $91K, and assets of $259K (revenue -9.6% year-over-year).
- 2015: Revenue of $118K, expenses of $106K, and assets of $243K (revenue -31.5% year-over-year).
- 2014: Revenue of $172K, expenses of $64K, and assets of $232K (revenue +43.0% year-over-year).
- 2013: Revenue of $120K, expenses of $75K, and assets of $123K (revenue +23.0% year-over-year).
- 2012: Revenue of $98K, expenses of $74K, and assets of $77K (revenue +92.9% year-over-year).
- 2011: Revenue of $51K, expenses of $72K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shalom Ministries Inc:
Data Sources and Methodology
This transparency report for Shalom 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.