Is Limit Breaker Church Incorporated Legit?

Limit Breaker Church Incorporated demonstrates consistent financial operations with revenues closely matching expenses over the past five years. For example, in 2023, revenue was $197,680 against expenses of $194,420, indicating a balanced budget. The organization's assets, while substantial at $2,753,397 in 2023, are largely offset by liabilities of $2,721,324, suggesting a significant portion of assets may be debt-financed or restricted. The consistent reporting of 0% officer compensation across all five filings is a notable aspect of its financial transparency and operational model, indicating that leadership is not drawing salaries from the organization's funds. This practice can contribute to a higher percentage of funds being available for program services, assuming other operational costs are managed efficiently. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The NTEE code X21 (Religious, Spiritual, and Humanistic Education) suggests a focus on educational programs, but the filings do not provide specific program spending data. The organization's revenue has remained relatively stable, hovering around $200,000 annually, with a slight dip in 2020. The high ratio of liabilities to assets warrants further investigation to understand the nature of these liabilities and their impact on the organization's long-term financial stability. The lack of officer compensation is a positive indicator for donor confidence regarding executive overhead.