Vietnam Ministries And Seaof Inc
EIN: 842190488 · Liberty, IN · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $368K |
| Net Assets | $1.0M |
Is Vietnam Ministries And Seaof Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vietnam Ministries And Seaof Inc
Vietnam Ministries And Seaof Inc (EIN: 842190488) is a nonprofit organization based in Liberty, IN, classified under NTEE code X99. The organization reported total revenue of $311K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vietnam Ministries And Seaof Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vietnam Ministries And Seaof Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -28.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $451K |
| Total Expenses | $368K |
| Surplus / Deficit | +$83K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 18.4% |
| Months of Reserves | 33.4 months |
Financial Health Grade: A
In 2023, Vietnam Ministries And Seaof Inc reported a surplus of $83K with revenue exceeding expenses, holds 33.4 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Vietnam Ministries And Seaof Inc's revenue has declined at a compound annual growth rate (CAGR) of -28.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +124.4% | +37.3% | +8.8% |
| 2022 | -6.6% | +10.5% | -6.6% |
| 2021 | -82.9% | +9.3% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vietnam Ministries And Seaof 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 Vietnam Ministries And Seaof 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 $83K, with revenue exceeding expenses.
Frequently Asked Questions about Vietnam Ministries And Seaof Inc
Is Vietnam Ministries And Seaof Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vietnam Ministries And Seaof Inc (EIN: 842190488) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vietnam Ministries And Seaof Inc spend its money?
Detailed spending breakdown data is not yet available for Vietnam Ministries And Seaof Inc. Check back for updated IRS 990 analysis.
Are donations to Vietnam Ministries And Seaof Inc tax-deductible?
Vietnam Ministries And Seaof Inc is registered as a tax-exempt nonprofit (EIN: 842190488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vietnam Ministries And Seaof Inc located?
Vietnam Ministries And Seaof Inc is headquartered in Liberty, Indiana and files with the IRS under EIN 842190488. It is classified under NTEE code X99.
How many years of IRS 990 filings does Vietnam Ministries And Seaof Inc have?
Vietnam Ministries And Seaof Inc has 4 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 $311K in total revenue.
Filing History
IRS 990 filing history for Vietnam Ministries And Seaof Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Vietnam Ministries And Seaof Inc's revenue has declined by 64.1%, moving from $1.3M to $451K. Total assets decreased by 1% over the same period, from $1.0M to $1.0M. Total functional expenses rose by 65.9%, from $222K to $368K. In its most recent filing year (2023), Vietnam Ministries And Seaof Inc reported a surplus of $83K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $451K | $368K | $1.0M | $0 | — | View 990 |
| 2022 | $201K | $268K | $940K | $0 | — | View 990 |
| 2021 | $215K | $242K | $1.0M | $0 | — | View 990 |
| 2020 | $1.3M | $222K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $451K, expenses of $368K, and assets of $1.0M (revenue +124.4% year-over-year).
- 2022: Revenue of $201K, expenses of $268K, and assets of $940K (revenue -6.6% year-over-year).
- 2021: Revenue of $215K, expenses of $242K, and assets of $1.0M (revenue -82.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $222K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vietnam Ministries And Seaof Inc:
Data Sources and Methodology
This transparency report for Vietnam Ministries And Seaof 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.