Alfred Street Baptist Church Foundation
Alfred Street Baptist Church Foundation shows consistent asset growth and no officer compensation, despite occasional revenue fluctuations.
EIN: 134245463 · Alexandria, VA · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $897K |
| Total Expenses | $624K |
| Program Spending | 85% |
| Net Assets | $2.9M |
| Transparency Score | 88/100 |
Is Alfred Street Baptist Church Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alfred Street Baptist Church Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alfred Street Baptist Church Foundation
Alfred Street Baptist Church Foundation (EIN: 134245463) is a nonprofit organization based in Alexandria, VA, classified under NTEE code P20. The organization reported total revenue of $897K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alfred Street Baptist Church Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alfred Street Baptist Church Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $748K |
| Total Expenses | $624K |
| Surplus / Deficit | +$124K |
| Total Assets | $2.9M |
| Total Liabilities | $3K |
| Net Assets | $2.9M |
| Operating Margin | 16.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 54.9 months |
Financial Health Grade: A
In 2023, Alfred Street Baptist Church Foundation reported a surplus of $124K with revenue exceeding expenses, holds 54.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alfred Street Baptist Church Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.6% | -14.6% | +10.3% |
| 2022 | +0.6% | +65.1% | +3.3% |
| 2021 | -19.0% | +74.6% | +54.1% |
| 2020 | +8.3% | -24.8% | +31.5% |
| 2019 | +28.4% | +1.6% | +21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Alfred Street Baptist Church Foundation with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Alfred Street Baptist Church Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $124K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The Alfred Street Baptist Church Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for donor trust and resource allocation.
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 Alfred Street Baptist Church Foundation's IRS 990 filings:
- Expenses exceeded revenue in 2022 ($730,832 vs. $489,923), indicating a deficit for that year.
Strengths
The following positive indicators were identified for Alfred Street Baptist Church Foundation:
- Consistent asset growth, from $678,909 in 2014 to $2,856,163 in 2023.
- 0% officer compensation reported across all filings, indicating high efficiency in executive spending.
- Low and stable liabilities, typically under $5,000, suggesting strong financial management.
- Significant revenue growth over the decade, from $177,246 in 2014 to $747,588 in 2023.
Frequently Asked Questions about Alfred Street Baptist Church Foundation
Is Alfred Street Baptist Church Foundation a legitimate charity?
Alfred Street Baptist Church Foundation (EIN: 134245463) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $897K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Alfred Street Baptist Church Foundation spend its money?
Alfred Street Baptist Church Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Alfred Street Baptist Church Foundation tax-deductible?
Alfred Street Baptist Church Foundation is registered as a tax-exempt nonprofit (EIN: 134245463). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Alfred Street Baptist Church Foundation's spending goes to programs?
Alfred Street Baptist Church Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alfred Street Baptist Church Foundation compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Alfred Street Baptist Church Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alfred Street Baptist Church Foundation located?
Alfred Street Baptist Church Foundation is headquartered in Alexandria, Virginia and files with the IRS under EIN 134245463. It is classified under NTEE code P20.
How many years of IRS 990 filings does Alfred Street Baptist Church Foundation have?
Alfred Street Baptist Church Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $897K in total revenue.
Is Alfred Street Baptist Church Foundation a good charity?
Based on the provided data, the foundation appears to be a good charity. It demonstrates strong asset growth, low liabilities, and a commendable practice of reporting 0% officer compensation, suggesting efficient use of funds for its mission.
How has the foundation's financial health changed over the past decade?
The foundation's financial health has significantly improved over the past decade, with assets growing from $678,909 in 2014 to $2,856,163 in 2023, and revenue showing substantial growth from $177,246 to $747,588 in the same period.
What caused the expense spike in 2022?
The provided data does not specify the exact cause of the expense spike in 2022 where expenses ($730,832) exceeded revenue ($489,923). Further detailed financial statements would be needed to understand the nature of these expenditures.
Does the foundation pay its executives?
No, the Alfred Street Baptist Church Foundation consistently reports 0% officer compensation in all available IRS 990 filings, indicating that executives are not paid salaries from the organization's funds.
Filing History
IRS 990 filing history for Alfred Street Baptist Church Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alfred Street Baptist Church Foundation's revenue has grown by 212.6%, moving from $239K to $748K. Total assets increased by 367.2% over the same period, from $611K to $2.9M. Total functional expenses rose by 599.8%, from $89K to $624K. In its most recent filing year (2023), Alfred Street Baptist Church Foundation reported a surplus of $124K, with revenue exceeding expenses. The organization holds $3K in liabilities against $2.9M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $748K | $624K | $2.9M | $3K | — | — |
| 2022 | $490K | $731K | $2.6M | $3K | — | View 990 |
| 2021 | $487K | $443K | $2.5M | $3K | — | View 990 |
| 2020 | $602K | $254K | $1.6M | $5K | — | View 990 |
| 2019 | $556K | $337K | $1.2M | $2K | — | View 990 |
| 2018 | $433K | $332K | $1.0M | $2K | — | View 990 |
| 2017 | $388K | $179K | $967K | $4K | — | View 990 |
| 2016 | $200K | $164K | $772K | $4K | — | View 990 |
| 2015 | $207K | $133K | $742K | $3K | — | View 990 |
| 2014 | $177K | $123K | $679K | $2K | — | View 990 |
| 2013 | $121K | $102K | $644K | $21K | — | View 990 |
| 2012 | $131K | $84K | $642K | $39K | — | View 990 |
| 2011 | $239K | $89K | $611K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $748K, expenses of $624K, and assets of $2.9M (revenue +52.6% year-over-year).
- 2022: Revenue of $490K, expenses of $731K, and assets of $2.6M (revenue +0.6% year-over-year).
- 2021: Revenue of $487K, expenses of $443K, and assets of $2.5M (revenue -19.0% year-over-year).
- 2020: Revenue of $602K, expenses of $254K, and assets of $1.6M (revenue +8.3% year-over-year).
- 2019: Revenue of $556K, expenses of $337K, and assets of $1.2M (revenue +28.4% year-over-year).
- 2018: Revenue of $433K, expenses of $332K, and assets of $1.0M (revenue +11.5% year-over-year).
- 2017: Revenue of $388K, expenses of $179K, and assets of $967K (revenue +94.0% year-over-year).
- 2016: Revenue of $200K, expenses of $164K, and assets of $772K (revenue -3.6% year-over-year).
- 2015: Revenue of $207K, expenses of $133K, and assets of $742K (revenue +17.1% year-over-year).
- 2014: Revenue of $177K, expenses of $123K, and assets of $679K (revenue +46.6% year-over-year).
- 2013: Revenue of $121K, expenses of $102K, and assets of $644K (revenue -8.0% year-over-year).
- 2012: Revenue of $131K, expenses of $84K, and assets of $642K (revenue -45.0% year-over-year).
- 2011: Revenue of $239K, expenses of $89K, and assets of $611K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alfred Street Baptist Church Foundation:
Data Sources and Methodology
This transparency report for Alfred Street Baptist Church Foundation 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.