Think Like Christ Ministries Inc
EIN: 454627413 · Mount Vernon, IA · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $55K |
| Net Assets | $14K |
Is Think Like Christ 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 Think Like Christ Ministries Inc
Think Like Christ Ministries Inc (EIN: 454627413) is a nonprofit organization based in Mount Vernon, IA, classified under NTEE code X20. The organization reported total revenue of $61K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Think Like Christ Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Think Like Christ Ministries Inc is a micro nonprofit that has been operating for 12 years, with 5 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $55K |
| Surplus / Deficit | +$6K |
| Total Assets | $14K |
| Total Liabilities | $1 |
| Net Assets | $14K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Think Like Christ Ministries Inc reported a surplus of $6K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2014–2023), Think Like Christ Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.2% | -17.0% | +39.7% |
| 2021 | -12.1% | +22.5% | -56.3% |
| 2020 | +20.5% | +6.4% | +40.4% |
| 2019 | -8.1% | +26.6% | -25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Think Like Christ 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 Think Like Christ 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Think Like Christ Ministries Inc
Is Think Like Christ Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Think Like Christ Ministries Inc (EIN: 454627413) insufficient data. 0 red flags identified, 0 strengths noted.
How does Think Like Christ Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Think Like Christ Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Think Like Christ Ministries Inc tax-deductible?
Think Like Christ Ministries Inc is registered as a tax-exempt nonprofit (EIN: 454627413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Think Like Christ Ministries Inc located?
Think Like Christ Ministries Inc is headquartered in Mount Vernon, Iowa and files with the IRS under EIN 454627413. It is classified under NTEE code X20.
How many years of IRS 990 filings does Think Like Christ Ministries Inc have?
Think Like Christ Ministries Inc has 5 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 $61K in total revenue.
Filing History
IRS 990 filing history for Think Like Christ Ministries Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2014–2023), Think Like Christ Ministries Inc's revenue has grown by 11.3%, moving from $55K to $61K. Total assets decreased by 35.8% over the same period, from $22K to $14K. Total functional expenses rose by 37%, from $40K to $55K. In its most recent filing year (2023), Think Like Christ Ministries Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $1 in liabilities against $14K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $55K | $14K | $1 | — | — |
| 2021 | $54K | $67K | $10K | $1 | — | — |
| 2020 | $61K | $54K | $23K | $1 | — | View 990 |
| 2019 | $51K | $51K | $16K | $1 | — | — |
| 2014 | $55K | $40K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $55K, and assets of $14K (revenue +14.2% year-over-year).
- 2021: Revenue of $54K, expenses of $67K, and assets of $10K (revenue -12.1% year-over-year).
- 2020: Revenue of $61K, expenses of $54K, and assets of $23K (revenue +20.5% year-over-year).
- 2019: Revenue of $51K, expenses of $51K, and assets of $16K (revenue -8.1% year-over-year).
- 2014: Revenue of $55K, expenses of $40K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Think Like Christ Ministries Inc:
Data Sources and Methodology
This transparency report for Think Like Christ 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.