Vessels Ministries Inc
EIN: 831757437 · Arvada, CO · NTEE: B80
| Metric | Value |
|---|---|
| Total Revenue | $201K |
| Total Expenses | $96K |
| Net Assets | $32K |
Is Vessels 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 Vessels Ministries Inc
Vessels Ministries Inc (EIN: 831757437) is a nonprofit organization based in Arvada, CO, classified under NTEE code B80. The organization reported total revenue of $201K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vessels Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vessels Ministries Inc is a small nonprofit that has been operating for 7 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $96K |
| Surplus / Deficit | +$3K |
| Total Assets | $32K |
| Total Liabilities | $375 |
| Net Assets | $32K |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, Vessels Ministries Inc reported a surplus of $3K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 1.2% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vessels 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 Vessels 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Vessels Ministries Inc
Is Vessels Ministries Inc a legitimate charity?
Vessels Ministries Inc (EIN: 831757437) is a registered tax-exempt nonprofit based in Colorado. Total revenue: $201K. No red flags identified. Financial health grade: A.
How does Vessels Ministries Inc spend its money?
Vessels Ministries Inc reported $201K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vessels Ministries Inc tax-deductible?
Vessels Ministries Inc is registered as a tax-exempt nonprofit (EIN: 831757437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vessels Ministries Inc located?
Vessels Ministries Inc is headquartered in Arvada, Colorado and files with the IRS under EIN 831757437. It is classified under NTEE code B80.
Filing History
IRS 990 filing history for Vessels Ministries Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Vessels Ministries Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $375 in liabilities against $32K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $96K | $32K | $375 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vessels Ministries Inc:
Data Sources and Methodology
This transparency report for Vessels 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.