Vassal Ministries
EIN: 844745173 · North Pole, AK · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $112K |
| Net Assets | $147K |
Is Vassal Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vassal Ministries
Vassal Ministries (EIN: 844745173) is a nonprofit organization based in North Pole, AK, classified under NTEE code X99. The organization reported total revenue of $140K and total assets of $165K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vassal Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vassal Ministries is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -23.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $112K |
| Surplus / Deficit | +$17K |
| Total Assets | $148K |
| Total Liabilities | $496 |
| Net Assets | $147K |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 15.8 months |
Financial Health Grade: A
In 2023, Vassal Ministries reported a surplus of $17K with revenue exceeding expenses, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Vassal Ministries's revenue has declined at a compound annual growth rate (CAGR) of -23.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.7% | +89.1% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vassal 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 Vassal 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 surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Vassal Ministries
Is Vassal Ministries a legitimate charity?
Vassal Ministries (EIN: 844745173) is a registered tax-exempt nonprofit based in Alaska. It has 2 years of IRS 990 filings on record. Total revenue: $140K. No red flags identified. Financial health grade: A.
How does Vassal Ministries spend its money?
Vassal Ministries reported $140K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vassal Ministries tax-deductible?
Vassal Ministries is registered as a tax-exempt nonprofit (EIN: 844745173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vassal Ministries located?
Vassal Ministries is headquartered in North Pole, Alaska and files with the IRS under EIN 844745173. It is classified under NTEE code X99.
How many years of IRS 990 filings does Vassal Ministries have?
Vassal Ministries has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $140K in total revenue.
Filing History
IRS 990 filing history for Vassal Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Vassal Ministries's revenue has declined by 23.7%, moving from $169K to $129K. Total assets increased by 10.5% over the same period, from $134K to $148K. Total functional expenses rose by 89.1%, from $59K to $112K. In its most recent filing year (2023), Vassal Ministries reported a surplus of $17K, with revenue exceeding expenses. The organization holds $496 in liabilities against $148K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $147K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $112K | $148K | $496 | — | — |
| 2022 | $169K | $59K | $134K | $3K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vassal Ministries:
Data Sources and Methodology
This transparency report for Vassal 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.