Is Iglesia Pentecostal Bethel De…

Quick charity verification for Iglesia Pentecostal Bethel De Gainesville Inc (EIN: 113648850)

Strengths

Consistent revenue growth over the past decade, from $162,473 in 2017 to $391,798 in 2023.
Zero officer compensation reported across all 13 filings, indicating highly efficient use of funds for leadership.
Strong asset growth from $1,300 in 2014 to $189,884 in 2023.
Consistently low or zero liabilities reported in most recent filings, indicating sound financial health.
Consistent filing of IRS Form 990s over 13 periods, demonstrating commitment to transparency and compliance.

Spending Breakdown

How Iglesia Pentecostal Bethel De Gainesville Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Iglesia Pentecostal Bethel De Gainesville Inc

Is Iglesia Pentecostal Bethel De Gainesville Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Iglesia Pentecostal Bethel De Gainesville Inc (EIN: 113648850) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Iglesia Pentecostal Bethel De Gainesville Inc a good charity to donate to?

Iglesia Pentecostal Bethel De Gainesville Inc has a Mission Score of 85/100. Revenue: $352K. Assets: $283K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Iglesia Pentecostal Bethel De Gainesville Inc?

The Employer Identification Number (EIN) for Iglesia Pentecostal Bethel De Gainesville Inc is 113648850. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Iglesia Pentecostal Bethel De Gainesville Inc spend its money?

Iglesia Pentecostal Bethel De Gainesville Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Iglesia Pentecostal Bethel De Gainesville Inc's tax-exempt status?

You can verify Iglesia Pentecostal Bethel De Gainesville Inc's tax-exempt status using EIN 113648850 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Iglesia Pentecostal Bethel De Gainesville Inc demonstrates a generally stable financial position with consistent revenue growth over the past several years, peaking at $391,798 in 2023. The organization has maintained zero liabilities in most recent filings, indicating sound financial management and a low-risk profile. While expenses exceeded revenue in 2023 ($445,388 vs. $391,798), this appears to be an anomaly in an otherwise positive trend of revenue exceeding expenses, as seen in 2022 ($368,395 revenue vs. $266,612 expenses) and 2021 ($268,399 revenue vs. $199,335 expenses). The organization's assets have also shown significant growth, from $1,300 in 2014 to $189,884 in 2023, suggesting effective asset accumulation.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings is a strong indicator of efficient use of funds, as it suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, thereby maximizing resources for the mission. The lack of liabilities further supports a responsible approach to financial management.

Transparency is good regarding officer compensation and liabilities, but the absence of detailed expense categories (program, admin, fundraising) in the provided data limits a comprehensive assessment of spending efficiency. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure, which is a positive aspect of their transparency.

Is Iglesia Pentecostal Bethel De Gainesville Inc Legit?

Verdict: Iglesia Pentecostal Bethel De Gainesville Inc appears trustworthy

Red Flags