Won Way Out Ministries Inc
EIN: 562428381 · Wyoming, DE · NTEE: F22
Is Won Way Out 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 Won Way Out Ministries Inc
Won Way Out Ministries Inc (EIN: 562428381) is a nonprofit organization based in Wyoming, DE, classified under NTEE code F22. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Won Way Out Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Won Way Out Ministries Inc is a micro nonprofit that has been operating for 22 years.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $13K |
| Surplus / Deficit | +$11K |
| Total Assets | $19K |
| Net Assets | $19K |
| Operating Margin | 46.4% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2012, Won Way Out Ministries Inc reported a surplus of $11K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Won Way Out 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 Won Way Out 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 (2012)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Frequently Asked Questions about Won Way Out Ministries Inc
Is Won Way Out Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Won Way Out Ministries Inc (EIN: 562428381) insufficient data. 0 red flags identified, 0 strengths noted.
How does Won Way Out Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Won Way Out Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Won Way Out Ministries Inc tax-deductible?
Won Way Out Ministries Inc is registered as a tax-exempt nonprofit (EIN: 562428381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Won Way Out Ministries Inc showing financial trends over 1 year of public records:
In its most recent filing year (2012), Won Way Out Ministries Inc reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $24K | $13K | $19K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Won Way Out Ministries Inc:
Data Sources and Methodology
This transparency report for Won Way Out 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.