Is Church Of Christ In Marlborough Inc Legit?

Quick charity verification for Church Of Christ In Marlborough Inc (EIN: 203767153)

Verdict: Church Of Christ In Marlborough Inc appears trustworthy

85/100Mission Score
$238KRevenue
$556KAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Church Of Christ In Marlborough Inc demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses across its filing history. For instance, in 2023, expenses of $210,001 slightly surpassed revenues of $202,262, indicating a minor deficit. However, in 2017, the organization reported significantly higher revenue of $325,105 against expenses of $117,594, suggesting a period of strong financial inflow. The organization's assets have shown growth over time, from $11,266 in 2015 to $576,717 in 2023, although there was a slight decrease from a peak of $674,628 in 2017. Liabilities have also increased substantially, from $0 in 2015 to $409,440 in 2023, which warrants attention as it represents a significant portion of their assets. Spending efficiency appears to be reasonable given the nature of a religious organization, though specific program spending details are not provided in the summary data. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice suggests a volunteer-driven leadership model, which can contribute to lower administrative overhead. Overall, the organization exhibits a stable financial position with a clear commitment to transparency regarding executive compensation. While the increase in liabilities should be monitored, the consistent revenue generation and asset growth, coupled with zero officer compensation, paint a picture of a financially sound and responsibly managed nonprofit. The lack of detailed expense breakdowns (program vs. admin vs. fundraising) in the provided data limits a deeper analysis of spending efficiency, but the absence of officer compensation is a positive sign.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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