Underground House Of Prayer
EIN: 460458147 · Sioux Falls, SD · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $229K |
| Total Expenses | $249K |
| Net Assets | $77K |
Is Underground House Of Prayer Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Underground House Of Prayer
Underground House Of Prayer (EIN: 460458147) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code X99. The organization reported total revenue of $229K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Underground House Of Prayer's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Underground House Of Prayer is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $249K |
| Surplus / Deficit | $-42,459 |
| Total Assets | $78K |
| Total Liabilities | $793 |
| Net Assets | $77K |
| Operating Margin | -20.6% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2023, Underground House Of Prayer reported a deficit of $42K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Underground House Of Prayer's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +30.0% | -34.3% |
| 2022 | -5.6% | -12.9% | +50.0% |
| 2021 | -12.2% | +6.5% | -6.7% |
| 2020 | +11.5% | -7.9% | +76.9% |
| 2019 | +1.8% | +9.9% | -10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Underground House Of Prayer 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 Underground House Of Prayer 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 $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Underground House Of Prayer
Is Underground House Of Prayer a legitimate charity?
Based on AI analysis of IRS 990 filings, Underground House Of Prayer (EIN: 460458147) insufficient data. 0 red flags identified, 0 strengths noted.
How does Underground House Of Prayer spend its money?
Detailed spending breakdown data is not yet available for Underground House Of Prayer. Check back for updated IRS 990 analysis.
Are donations to Underground House Of Prayer tax-deductible?
Underground House Of Prayer is registered as a tax-exempt nonprofit (EIN: 460458147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Underground House Of Prayer located?
Underground House Of Prayer is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 460458147. It is classified under NTEE code X99.
How many years of IRS 990 filings does Underground House Of Prayer have?
Underground House Of Prayer 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 $229K in total revenue.
Filing History
IRS 990 filing history for Underground House Of Prayer showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Underground House Of Prayer's revenue has grown by 255.4%, moving from $58K to $206K. Total assets decreased by 43.8% over the same period, from $138K to $78K. Total functional expenses rose by 322.6%, from $59K to $249K. In its most recent filing year (2023), Underground House Of Prayer reported a deficit of $42K, with expenses exceeding revenue. The organization holds $793 in liabilities against $78K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $77K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $249K | $78K | $793 | — | — |
| 2022 | $202K | $192K | $118K | $0 | — | View 990 |
| 2021 | $214K | $220K | $79K | $0 | — | — |
| 2020 | $244K | $207K | $84K | $0 | — | View 990 |
| 2019 | $218K | $224K | $48K | $0 | — | View 990 |
| 2018 | $215K | $204K | $53K | $68 | — | View 990 |
| 2017 | $231K | $218K | $42K | $0 | — | View 990 |
| 2016 | $236K | $228K | $31K | $0 | — | View 990 |
| 2015 | $220K | $206K | $24K | $0 | — | View 990 |
| 2014 | $49K | $69K | $9K | $0 | — | View 990 |
| 2013 | $11K | $13K | $13K | $0 | — | View 990 |
| 2012 | $29K | $18K | $14K | $0 | — | View 990 |
| 2011 | $58K | $59K | $138K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $206K, expenses of $249K, and assets of $78K (revenue +2.3% year-over-year).
- 2022: Revenue of $202K, expenses of $192K, and assets of $118K (revenue -5.6% year-over-year).
- 2021: Revenue of $214K, expenses of $220K, and assets of $79K (revenue -12.2% year-over-year).
- 2020: Revenue of $244K, expenses of $207K, and assets of $84K (revenue +11.5% year-over-year).
- 2019: Revenue of $218K, expenses of $224K, and assets of $48K (revenue +1.8% year-over-year).
- 2018: Revenue of $215K, expenses of $204K, and assets of $53K (revenue -7.1% year-over-year).
- 2017: Revenue of $231K, expenses of $218K, and assets of $42K (revenue -2.1% year-over-year).
- 2016: Revenue of $236K, expenses of $228K, and assets of $31K (revenue +7.1% year-over-year).
- 2015: Revenue of $220K, expenses of $206K, and assets of $24K (revenue +353.5% year-over-year).
- 2014: Revenue of $49K, expenses of $69K, and assets of $9K (revenue +324.0% year-over-year).
- 2013: Revenue of $11K, expenses of $13K, and assets of $13K (revenue -60.1% year-over-year).
- 2012: Revenue of $29K, expenses of $18K, and assets of $14K (revenue -50.6% year-over-year).
- 2011: Revenue of $58K, expenses of $59K, and assets of $138K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Underground House Of Prayer:
Data Sources and Methodology
This transparency report for Underground House Of Prayer 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.