Civic Intelligence

I Am Able Ministries Inc

990EZ • Fiscal year 2020 • EIN 72-1515070

Jan 01, 2020 to Dec 31, 2020 • Filed on May 21, 2021

Organization ProfileN/A
202 Richmond RoadForest Hill, LA 71430

(318) 659-4772

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.31x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.41x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

16th percentile

-35%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$49,657

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 57.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

35th percentile

-3.8%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

25th percentile

-45%

Faster revenue growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$114,074

Down $4,492 (-3.8%) from 2019

Net Assets

Down

$78,808

Down $30,191 (-28%) from 2019

Liabilities

Up

$35,266

Up $25,699 (+269%) from 2019

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin16th percentile

Revenue

Down

$86,499

Down $71,720 (-45%) from 2019

Expenses

Down

$116,690

Down $4,559 (-3.8%) from 2019

Net Income

Down

-$30,191

Down $67,161 (-182%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2011: $47,637Net Assets 2011: $47,6372011Assets 2012: $34,244Net Assets 2012: $34,2442012Assets 2013: $62,712Liabilities 2013: $19,042Net Assets 2013: $43,6702013Assets 2014: $42,891Liabilities 2014: $14,835Net Assets 2014: $28,0562014Assets 2015: $30,831Liabilities 2015: $11,311Net Assets 2015: $19,5202015Assets 2016: $22,462Liabilities 2016: $7,666Net Assets 2016: $14,7962016Assets 2017: $54,812Liabilities 2017: $25,482Net Assets 2017: $29,3302017Assets 2018: $88,289Liabilities 2018: $16,260Net Assets 2018: $72,0292018Assets 2019: $118,566Liabilities 2019: $9,567Net Assets 2019: $108,9992019Assets 2020: $114,074Liabilities 2020: $35,266Net Assets 2020: $78,8082020Assets 2021: $63,260Liabilities 2021: $30,346Net Assets 2021: $32,9142021Assets 2022: $48,780Liabilities 2022: $21,556Net Assets 2022: $27,2242022Assets 2023: $39,639Liabilities 2023: $17,108Net Assets 2023: $22,5312023Assets 2024: $32,065Liabilities 2024: $11,261Net Assets 2024: $20,8042024

Highlighted filing

2020

Assets$114,074
Liabilities$35,266
Net Assets$78,808
Open 2020 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $146,912Expenses 2011: $152,798Net Income 2011: -$5,8862011Revenue 2012: $112,139Expenses 2012: $125,532Net Income 2012: -$13,3932012Revenue 2013: $105,116Expenses 2013: $95,690Net Income 2013: $9,4262013Revenue 2014: $87,760Expenses 2014: $103,374Net Income 2014: -$15,6142014Revenue 2015: $57,823Expenses 2015: $66,359Net Income 2015: -$8,5362015Revenue 2016: $70,534Expenses 2016: $75,258Net Income 2016: -$4,7242016Revenue 2017: $89,920Expenses 2017: $75,386Net Income 2017: $14,5342017Revenue 2018: $198,625Expenses 2018: $155,926Net Income 2018: $42,6992018Revenue 2019: $158,219Expenses 2019: $121,249Net Income 2019: $36,9702019Revenue 2020: $86,499Expenses 2020: $116,690Net Income 2020: -$30,1912020Revenue 2021: $62,814Expenses 2021: $108,708Net Income 2021: -$45,8942021Revenue 2022: $41,744Expenses 2022: $47,434Net Income 2022: -$5,6902022Revenue 2023: $32,820Expenses 2023: $37,513Net Income 2023: -$4,6932023Revenue 2024: $41,172Expenses 2024: $42,899Net Income 2024: -$1,7272024

Highlighted filing

2020

Revenue$86,499
Expenses$116,690
Net Income-$30,191
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 21, 2021
Return Version
2020v4.0
Gross Receipts
$103,450
Mission and Program Overview

Mission

Mission Work

Program Services

DescriptionGrantsExpenses
Mission trips and construction projects in the Southern United States and Mexico.$94,709-
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Randy R CarruthPresident & CEOFT$49,657-$49,657
Evelyn WellsSecretary-$0--
Mary BassTreasurer-$0--
Yvonne StockmanDirector-$0--
Terry GillespieDirector-$0--
Filing and Contact Details

Filer

Filer Name
I Am Able Ministries Inc
EIN
72-1515070
Phone
3186594772
Address
202 Richmond Road, Forest Hill, LA 71430

Signing Officer

Name
Randy R Carruth
Title
President/Director
Signed
2021-05-21
Discuss with paid preparer
Yes

Preparer

Firm
Royce T Scimemi CPA APAC
Address
PO Box 210, Oberlin, LA 70655
Preparer
Royce T Scimemi
Phone
3376394334
Supplemental Narrative

Additional Explanations

Other Expenses.1005

“Travel $3082”

Other Expenses.1008

“Interest $706”

Other Expenses.1009

“Depreciation $6222”

Other Expenses.1012

“Insurance $3722”

Other Expenses.1

“Supplies and Small Tools $19557”

Other Expenses.2

“Automobile Expense $10320”

Other Expenses.3

“Meals $6099”

Other Expenses.4

“Contract Labor $5265”

Other Expenses.5

“Telephone $4330”

Other Expenses.6

“Repairs and Maintenance $3479”

Other Expenses.7

“Utilities $629”

Other Expenses.8

“Contract Ministry $300”

Other Expenses.11

“Dues & Subscriptions $120”

Other Expenses.12

“Pest Control $81”

Other Expenses.13

“License & Permits $15”

Other Assets.1001

“Automobiles - Beginning $22582 Automobiles - Ending $54713”

Other Assets.1002

“Furniture and Fixtures - Beginning $88 Furniture and Fixtures - Ending $88”

Other Assets.1003

“Machinery and Equipment - Beginning $53 Machinery and Equipment - Ending $32”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $9567 Secured Mortgages and Notes Payable - Ending $35266”

Raw XML Appendix171 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Forest Hill
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0714309775
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Terry Gillespie
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt022723
IRS990EZ/OtherAssetsTotalDetail/EOYAmt054833
IRS990EZ/OtherExpensesTotalAmt063927
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt0351
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SaleOfAssetsGrossAmt021499
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt086499
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $3082
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Interest $706
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $6222
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $3722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies and Small Tools $19557
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Automobile Expense $10320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals $6099
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Contract Labor $5265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Telephone $4330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Repairs and Maintenance $3479
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Utilities $629
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Contract Ministry $300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Dues & Subscriptions $120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Pest Control $81
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14License & Permits $15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Automobiles - Beginning $22582 Automobiles - Ending $54713
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Furniture and Fixtures - Beginning $88 Furniture and Fixtures - Ending $88
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Machinery and Equipment - Beginning $53 Machinery and Equipment - Ending $32
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Secured Mortgages and Notes Payable - Beginning $9567 Secured Mortgages and Notes Payable - Ending $35266
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1008
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.12
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Assets.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Total Liabilities.1007
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Randy R Carruth
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0I Am Able Ministries Inc
ReturnHeader/Filer/BusinessNameControlTxt0IAMA
ReturnHeader/Filer/EIN0721515070
ReturnHeader/Filer/PhoneNum03186594772
ReturnHeader/Filer/USAddress/AddressLine1Txt0202 Richmond Road
ReturnHeader/Filer/USAddress/CityNm0Forest Hill
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd071430
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721288029
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Royce T Scimemi CPA APAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oberlin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070655
ReturnHeader/PreparerPersonGrp/PhoneNum03376394334
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Royce T Scimemi
ReturnHeader/ReturnTs02021-05-21T12:35:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Randy R
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Carruth
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$114,074
Liabilities
$35,266
Net assets
$78,808
Revenue
$86,499
Expenses
$116,690
Net income
-$30,191
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.32$0.11$0.21$0.41$0.43$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.17$0.23$0.33$0.38$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.49$0.22$0.27$0.42$0.47$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.30$0.33$0.63$1.09$0.46
2020Detailed filing. Detailed filing data is available for this year.$1.14$0.35$0.79$0.86$1.17$0.30
2019Detailed filing. Detailed filing data is available for this year.$1.19$0.10$1.09$1.58$1.21$0.37
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.16$0.72$1.99$1.56$0.43
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.25$0.29$0.90$0.75$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.08$0.15$0.71$0.75$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.11$0.20$0.58$0.66$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.15$0.28$0.88$1.03$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.63$0.19$0.44$1.05$0.96$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.34$1.12$1.26$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.48$1.47$1.53$0.06