Step Martin Evangelistic Ministries
EIN: 721418597 · Shreveport, LA · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $21K |
| Total Expenses | $43K |
| Net Assets | $62K |
Is Step Martin Evangelistic Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Step Martin Evangelistic Ministries
Step Martin Evangelistic Ministries (EIN: 721418597) is a nonprofit organization based in Shreveport, LA, classified under NTEE code X21. The organization reported total revenue of $21K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Step Martin Evangelistic Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Step Martin Evangelistic Ministries is a micro nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $43K |
| Surplus / Deficit | $-25,257 |
| Total Assets | $66K |
| Total Liabilities | $3K |
| Net Assets | $62K |
| Operating Margin | -145.5% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 18.5 months |
Financial Health Grade: B
In 2023, Step Martin Evangelistic Ministries reported a deficit of $25K with expenses exceeding revenue, holds 18.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Step Martin Evangelistic Ministries's revenue has declined at a compound annual growth rate (CAGR) of -9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.5% | -10.1% | -25.0% |
| 2022 | +5.7% | +54.4% | -23.4% |
| 2021 | -13.4% | -11.1% | -4.4% |
| 2020 | +107.6% | +26.9% | -6.9% |
| 2019 | -13.3% | -3.4% | -11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Step Martin Evangelistic Ministries 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 Step Martin Evangelistic Ministries 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 $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.3%.
Frequently Asked Questions about Step Martin Evangelistic Ministries
Is Step Martin Evangelistic Ministries a legitimate charity?
Step Martin Evangelistic Ministries (EIN: 721418597) is a registered tax-exempt nonprofit based in Louisiana. It has 12 years of IRS 990 filings on record. Total revenue: $21K. No red flags identified. Financial health grade: B.
How does Step Martin Evangelistic Ministries spend its money?
Step Martin Evangelistic Ministries reported $21K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Step Martin Evangelistic Ministries tax-deductible?
Step Martin Evangelistic Ministries is registered as a tax-exempt nonprofit (EIN: 721418597). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Step Martin Evangelistic Ministries located?
Step Martin Evangelistic Ministries is headquartered in Shreveport, Louisiana and files with the IRS under EIN 721418597. It is classified under NTEE code X21.
How many years of IRS 990 filings does Step Martin Evangelistic Ministries have?
Step Martin Evangelistic Ministries has 12 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 $21K in total revenue.
Filing History
IRS 990 filing history for Step Martin Evangelistic Ministries showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Step Martin Evangelistic Ministries's revenue has declined by 69.2%, moving from $56K to $17K. Total assets decreased by 58.2% over the same period, from $157K to $66K. Total functional expenses rose by 8.8%, from $39K to $43K. In its most recent filing year (2023), Step Martin Evangelistic Ministries reported a deficit of $25K, with expenses exceeding revenue. The organization holds $3K in liabilities against $66K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $62K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17K | $43K | $66K | $3K | — | View 990 |
| 2022 | $25K | $47K | $87K | $0 | — | View 990 |
| 2021 | $24K | $31K | $114K | $0 | — | View 990 |
| 2020 | $27K | $35K | $119K | $0 | — | — |
| 2019 | $13K | $27K | $128K | $0 | — | View 990 |
| 2018 | $15K | $28K | $144K | $0 | — | View 990 |
| 2016 | $26K | $27K | $188K | $0 | — | View 990 |
| 2015 | $31K | $30K | $193K | $0 | — | View 990 |
| 2014 | $32K | $37K | $197K | $0 | — | View 990 |
| 2013 | $33K | $25K | $193K | $0 | — | View 990 |
| 2012 | $54K | $29K | $182K | $0 | — | View 990 |
| 2011 | $56K | $39K | $157K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17K, expenses of $43K, and assets of $66K (revenue -30.5% year-over-year).
- 2022: Revenue of $25K, expenses of $47K, and assets of $87K (revenue +5.7% year-over-year).
- 2021: Revenue of $24K, expenses of $31K, and assets of $114K (revenue -13.4% year-over-year).
- 2020: Revenue of $27K, expenses of $35K, and assets of $119K (revenue +107.6% year-over-year).
- 2019: Revenue of $13K, expenses of $27K, and assets of $128K (revenue -13.3% year-over-year).
- 2018: Revenue of $15K, expenses of $28K, and assets of $144K (revenue -41.5% year-over-year).
- 2016: Revenue of $26K, expenses of $27K, and assets of $188K (revenue -16.4% year-over-year).
- 2015: Revenue of $31K, expenses of $30K, and assets of $193K (revenue -3.6% year-over-year).
- 2014: Revenue of $32K, expenses of $37K, and assets of $197K (revenue -1.1% year-over-year).
- 2013: Revenue of $33K, expenses of $25K, and assets of $193K (revenue -40.3% year-over-year).
- 2012: Revenue of $54K, expenses of $29K, and assets of $182K (revenue -3.5% year-over-year).
- 2011: Revenue of $56K, expenses of $39K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Step Martin Evangelistic Ministries:
Data Sources and Methodology
This transparency report for Step Martin Evangelistic Ministries 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.