Simple Ministries Of Asia
EIN: 463057799 · Irmo, SC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $127K |
| Total Expenses | $128K |
| Net Assets | $8 |
Is Simple Ministries Of Asia Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Simple Ministries Of Asia
Simple Ministries Of Asia (EIN: 463057799) is a nonprofit organization based in Irmo, SC, classified under NTEE code P20. The organization reported total revenue of $127K and total assets of $8 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Simple Ministries Of Asia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Simple Ministries Of Asia is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $127K |
| Total Expenses | $128K |
| Surplus / Deficit | $-1,366 |
| Total Assets | $8 |
| Net Assets | $8 |
| Operating Margin | -1.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Simple Ministries Of Asia reported a deficit of $1K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +87.5% | +81.2% | -99.4% |
| 2022 | -10.3% | -18.0% | -69.3% |
| 2021 | -1.4% | +28.7% | -70.7% |
| 2020 | -8.6% | -31.7% | +159.3% |
| 2019 | -8.4% | +38.4% | -71.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Simple Ministries Of Asia 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 Simple Ministries Of Asia 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 $1K, with expenses exceeding revenue.
Frequently Asked Questions about Simple Ministries Of Asia
Is Simple Ministries Of Asia a legitimate charity?
Simple Ministries Of Asia (EIN: 463057799) is a registered tax-exempt nonprofit based in South Carolina. It has 11 years of IRS 990 filings on record. Total revenue: $127K. No red flags identified. Financial health grade: C.
How does Simple Ministries Of Asia spend its money?
Simple Ministries Of Asia reported $127K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Simple Ministries Of Asia tax-deductible?
Simple Ministries Of Asia is registered as a tax-exempt nonprofit (EIN: 463057799). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Simple Ministries Of Asia located?
Simple Ministries Of Asia is headquartered in Irmo, South Carolina and files with the IRS under EIN 463057799. It is classified under NTEE code P20.
How many years of IRS 990 filings does Simple Ministries Of Asia have?
Simple Ministries Of Asia has 11 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 $127K in total revenue.
Filing History
IRS 990 filing history for Simple Ministries Of Asia showing financial trends over 11 years of public records:
Total assets increased by 700% over the same period, from $1 to $8. In its most recent filing year (2023), Simple Ministries Of Asia reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $127K | $128K | $8 | $0 | — | — |
| 2022 | $67K | $71K | $1K | $0 | — | View 990 |
| 2021 | $75K | $86K | $4K | $0 | — | View 990 |
| 2020 | $76K | $67K | $15K | $0 | — | View 990 |
| 2019 | $83K | $98K | $6K | $0 | — | View 990 |
| 2018 | $91K | $71K | $20K | $0 | — | View 990 |
| 2017 | $73K | $73K | $64 | $0 | — | View 990 |
| 2016 | $48K | $48K | $235 | $0 | — | View 990 |
| 2015 | $37K | $36K | $2K | $0 | — | View 990 |
| 2014 | $136K | $134K | $1K | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $127K, expenses of $128K, and assets of $8 (revenue +87.5% year-over-year).
- 2022: Revenue of $67K, expenses of $71K, and assets of $1K (revenue -10.3% year-over-year).
- 2021: Revenue of $75K, expenses of $86K, and assets of $4K (revenue -1.4% year-over-year).
- 2020: Revenue of $76K, expenses of $67K, and assets of $15K (revenue -8.6% year-over-year).
- 2019: Revenue of $83K, expenses of $98K, and assets of $6K (revenue -8.4% year-over-year).
- 2018: Revenue of $91K, expenses of $71K, and assets of $20K (revenue +24.7% year-over-year).
- 2017: Revenue of $73K, expenses of $73K, and assets of $64 (revenue +53.5% year-over-year).
- 2016: Revenue of $48K, expenses of $48K, and assets of $235 (revenue +27.6% year-over-year).
- 2015: Revenue of $37K, expenses of $36K, and assets of $2K (revenue -72.5% year-over-year).
- 2014: Revenue of $136K, expenses of $134K, and assets of $1K.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Simple Ministries Of Asia:
Data Sources and Methodology
This transparency report for Simple Ministries Of Asia 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.