Wsfj Ministries Inc
EIN: 582074042 · Morristown, TN · NTEE: X99Z
| Metric | Value |
|---|---|
| Total Revenue | $149K |
| Total Expenses | $109K |
| Net Assets | $18K |
Is Wsfj 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 Wsfj Ministries Inc
Wsfj Ministries Inc (EIN: 582074042) is a nonprofit organization based in Morristown, TN, classified under NTEE code X99Z. The organization reported total revenue of $149K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wsfj Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wsfj Ministries Inc is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $109K |
| Surplus / Deficit | $-2,242 |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | -2.1% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Wsfj Ministries Inc reported a deficit of $2K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Wsfj Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.6% | +37.0% | -11.3% |
| 2022 | +19.1% | +2.2% | +69.9% |
| 2021 | +5.7% | +10.9% | -26.1% |
| 2020 | -0.1% | +3.9% | -3.3% |
| 2019 | -11.6% | -15.6% | +15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wsfj 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 Wsfj 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 deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Wsfj Ministries Inc
Is Wsfj Ministries Inc a legitimate charity?
Wsfj Ministries Inc (EIN: 582074042) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $149K. No red flags identified. Financial health grade: C.
How does Wsfj Ministries Inc spend its money?
Wsfj Ministries Inc reported $149K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wsfj Ministries Inc tax-deductible?
Wsfj Ministries Inc is registered as a tax-exempt nonprofit (EIN: 582074042). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wsfj Ministries Inc located?
Wsfj Ministries Inc is headquartered in Morristown, Tennessee and files with the IRS under EIN 582074042. It is classified under NTEE code X99Z.
How many years of IRS 990 filings does Wsfj Ministries Inc have?
Wsfj Ministries Inc has 12 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 $149K in total revenue.
Filing History
IRS 990 filing history for Wsfj Ministries Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Wsfj Ministries Inc's revenue has grown by 73.4%, moving from $62K to $107K. Total assets decreased by 23.1% over the same period, from $23K to $18K. Total functional expenses rose by 65.9%, from $66K to $109K. In its most recent filing year (2023), Wsfj Ministries Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $109K | $18K | $0 | — | View 990 |
| 2022 | $88K | $79K | $20K | $0 | — | View 990 |
| 2021 | $74K | $78K | $12K | $0 | — | View 990 |
| 2020 | $70K | $70K | $16K | $0 | — | View 990 |
| 2019 | $70K | $68K | $16K | $0 | — | View 990 |
| 2018 | $79K | $80K | $14K | $0 | — | View 990 |
| 2016 | $139K | $82K | $13K | $0 | — | View 990 |
| 2015 | $73K | $75K | $4K | $0 | — | View 990 |
| 2014 | $64K | $63K | $6K | $0 | — | View 990 |
| 2013 | $63K | $66K | $5K | $0 | — | View 990 |
| 2012 | $68K | $83K | $8K | $0 | — | View 990 |
| 2011 | $62K | $66K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $109K, and assets of $18K (revenue +21.6% year-over-year).
- 2022: Revenue of $88K, expenses of $79K, and assets of $20K (revenue +19.1% year-over-year).
- 2021: Revenue of $74K, expenses of $78K, and assets of $12K (revenue +5.7% year-over-year).
- 2020: Revenue of $70K, expenses of $70K, and assets of $16K (revenue -0.1% year-over-year).
- 2019: Revenue of $70K, expenses of $68K, and assets of $16K (revenue -11.6% year-over-year).
- 2018: Revenue of $79K, expenses of $80K, and assets of $14K (revenue -43.3% year-over-year).
- 2016: Revenue of $139K, expenses of $82K, and assets of $13K (revenue +91.3% year-over-year).
- 2015: Revenue of $73K, expenses of $75K, and assets of $4K (revenue +14.0% year-over-year).
- 2014: Revenue of $64K, expenses of $63K, and assets of $6K (revenue +2.0% year-over-year).
- 2013: Revenue of $63K, expenses of $66K, and assets of $5K (revenue -8.2% year-over-year).
- 2012: Revenue of $68K, expenses of $83K, and assets of $8K (revenue +10.8% year-over-year).
- 2011: Revenue of $62K, expenses of $66K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wsfj Ministries Inc:
Data Sources and Methodology
This transparency report for Wsfj 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.