Ywam Arctic Mercy Inc
YWAM Arctic Mercy Inc. shows fluctuating revenues and expenses, with recent deficits, but maintains a strong asset base and zero officer compensation.
EIN: 202580288 · Homer, AK · NTEE: X20 · Updated: 2026-03-28
Is Ywam Arctic Mercy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ywam Arctic Mercy Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ywam Arctic Mercy Inc
Ywam Arctic Mercy Inc (EIN: 202580288) is a nonprofit organization based in Homer, AK, classified under NTEE code X20. The organization reported total revenue of $63K and total assets of $494K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ywam Arctic Mercy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ywam Arctic Mercy Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $93K |
| Surplus / Deficit | $-20,459 |
| Total Assets | $569K |
| Net Assets | $569K |
| Operating Margin | -28.1% |
| Months of Reserves | 73.1 months |
Financial Health Grade: B
In 2023, Ywam Arctic Mercy Inc reported a deficit of $20K with expenses exceeding revenue, holds 73.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ywam Arctic Mercy Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | +16.7% | -3.8% |
| 2022 | -81.4% | +110.2% | -2.3% |
| 2021 | +237.2% | -66.9% | +71.3% |
| 2020 | -35.2% | -10.4% | -5.2% |
| 2019 | -23.1% | -44.0% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ywam Arctic Mercy Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ywam Arctic Mercy Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ywam Arctic Mercy Inc's IRS 990 filings:
- Expenses exceeded revenue in multiple recent periods (202312, 202212, 202012), indicating operational deficits.
- Significant year-over-year revenue fluctuations, making financial planning potentially challenging.
Strengths
The following positive indicators were identified for Ywam Arctic Mercy Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating volunteer leadership.
- Strong asset base ($568,578 in 202312) with zero liabilities, demonstrating financial solvency.
- Significant reduction in liabilities over time, reaching $0 in the latest filing.
Frequently Asked Questions about Ywam Arctic Mercy Inc
Is Ywam Arctic Mercy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ywam Arctic Mercy Inc (EIN: 202580288) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Ywam Arctic Mercy Inc spend its money?
Ywam Arctic Mercy Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ywam Arctic Mercy Inc tax-deductible?
Ywam Arctic Mercy Inc is registered as a tax-exempt nonprofit (EIN: 202580288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is YWAM Arctic Mercy Inc. a good charity?
YWAM Arctic Mercy Inc. exhibits strong indicators of a good charity, particularly its consistent zero officer compensation, suggesting a high dedication to its mission without executive salary burdens. However, its financial stability has been inconsistent, with expenses exceeding revenue in several recent years, including 202312 and 202212. While it has a strong asset base and zero liabilities in its latest filing, potential donors should consider the operational deficits.
How does YWAM Arctic Mercy Inc. manage its finances given the fluctuating revenue?
The organization's finances show significant fluctuations, with a large revenue spike in 202112 ($351,328) followed by lower revenues in 202212 ($65,427) and 202312 ($72,879). Despite these variations and several years where expenses exceeded revenue, the organization has maintained a strong asset base, reaching $568,578 in 202312 with zero liabilities. This suggests effective management of its accumulated assets to weather periods of lower income.
What is the trend in YWAM Arctic Mercy Inc.'s assets and liabilities?
YWAM Arctic Mercy Inc. has shown a generally increasing trend in assets over the past decade, from $335,168 in 201412 to $568,578 in 202312. Notably, liabilities have significantly decreased, reaching $0 in the latest filing (202312), which is a very strong financial position, indicating the organization is debt-free.
Does YWAM Arctic Mercy Inc. rely on volunteer leadership?
Yes, YWAM Arctic Mercy Inc. appears to rely heavily on volunteer leadership, as indicated by the consistent reporting of 0% officer compensation across all 13 available IRS 990 filings. This suggests that no salaries are paid to its officers, directing more resources towards its programs.
Filing History
IRS 990 filing history for Ywam Arctic Mercy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ywam Arctic Mercy Inc's revenue has declined by 82.2%, moving from $408K to $73K. Total assets increased by 60.1% over the same period, from $355K to $569K. Total functional expenses fell by 56.3%, from $214K to $93K. In its most recent filing year (2023), Ywam Arctic Mercy Inc reported a deficit of $20K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $93K | $569K | $0 | — | — |
| 2022 | $65K | $80K | $591K | $2K | — | View 990 |
| 2021 | $351K | $38K | $605K | $1K | — | View 990 |
| 2020 | $104K | $115K | $353K | $63K | — | — |
| 2019 | $161K | $128K | $373K | $72K | — | View 990 |
| 2018 | $209K | $229K | $346K | $77K | — | View 990 |
| 2017 | $271K | $276K | $370K | $82K | — | View 990 |
| 2016 | $283K | $251K | $382K | $88K | — | View 990 |
| 2015 | $315K | $274K | $374K | $112K | — | View 990 |
| 2014 | $179K | $191K | $335K | $114K | — | View 990 |
| 2013 | $194K | $190K | $363K | $118K | — | View 990 |
| 2012 | $317K | $308K | $358K | $106K | — | View 990 |
| 2011 | $408K | $214K | $355K | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $93K, and assets of $569K (revenue +11.4% year-over-year).
- 2022: Revenue of $65K, expenses of $80K, and assets of $591K (revenue -81.4% year-over-year).
- 2021: Revenue of $351K, expenses of $38K, and assets of $605K (revenue +237.2% year-over-year).
- 2020: Revenue of $104K, expenses of $115K, and assets of $353K (revenue -35.2% year-over-year).
- 2019: Revenue of $161K, expenses of $128K, and assets of $373K (revenue -23.1% year-over-year).
- 2018: Revenue of $209K, expenses of $229K, and assets of $346K (revenue -22.7% year-over-year).
- 2017: Revenue of $271K, expenses of $276K, and assets of $370K (revenue -4.3% year-over-year).
- 2016: Revenue of $283K, expenses of $251K, and assets of $382K (revenue -10.3% year-over-year).
- 2015: Revenue of $315K, expenses of $274K, and assets of $374K (revenue +76.3% year-over-year).
- 2014: Revenue of $179K, expenses of $191K, and assets of $335K (revenue -8.0% year-over-year).
- 2013: Revenue of $194K, expenses of $190K, and assets of $363K (revenue -38.8% year-over-year).
- 2012: Revenue of $317K, expenses of $308K, and assets of $358K (revenue -22.3% year-over-year).
- 2011: Revenue of $408K, expenses of $214K, and assets of $355K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ywam Arctic Mercy Inc:
Data Sources and Methodology
This transparency report for Ywam Arctic Mercy 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.