Amazing Grace Christian Foundation
EIN: 261865524 · Cleveland, TN · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $68K |
| Net Assets | $209K |
Is Amazing Grace Christian Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amazing Grace Christian Foundation
Amazing Grace Christian Foundation (EIN: 261865524) is a nonprofit organization based in Cleveland, TN, classified under NTEE code Q33. The organization reported total revenue of $69K and total assets of $224K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amazing Grace Christian Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amazing Grace Christian Foundation is a micro nonprofit that has been operating for 17 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 47.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $68K |
| Surplus / Deficit | +$52K |
| Total Assets | $209K |
| Net Assets | $209K |
| Operating Margin | 43.2% |
| Months of Reserves | 36.9 months |
Financial Health Grade: A
In 2023, Amazing Grace Christian Foundation reported a surplus of $52K with revenue exceeding expenses, holds 36.9 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Amazing Grace Christian Foundation's revenue has grown at a compound annual growth rate (CAGR) of 47.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.3% | +153.4% | +32.8% |
| 2022 | +90.9% | +75.0% | +82.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Amazing Grace Christian Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amazing Grace Christian Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $52K, with revenue exceeding expenses.
Frequently Asked Questions about Amazing Grace Christian Foundation
Is Amazing Grace Christian Foundation a legitimate charity?
Amazing Grace Christian Foundation (EIN: 261865524) is a registered tax-exempt nonprofit based in Tennessee. It has 3 years of IRS 990 filings on record. Total revenue: $69K. No red flags identified. Financial health grade: A.
How does Amazing Grace Christian Foundation spend its money?
Amazing Grace Christian Foundation reported $69K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Amazing Grace Christian Foundation tax-deductible?
Amazing Grace Christian Foundation is registered as a tax-exempt nonprofit (EIN: 261865524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Amazing Grace Christian Foundation located?
Amazing Grace Christian Foundation is headquartered in Cleveland, Tennessee and files with the IRS under EIN 261865524. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Amazing Grace Christian Foundation have?
Amazing Grace Christian Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $69K in total revenue.
Filing History
IRS 990 filing history for Amazing Grace Christian Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Amazing Grace Christian Foundation's revenue has grown by 116.4%, moving from $55K to $119K. Total assets increased by 141.7% over the same period, from $86K to $209K. Total functional expenses rose by 343.5%, from $15K to $68K. In its most recent filing year (2023), Amazing Grace Christian Foundation reported a surplus of $52K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $68K | $209K | $0 | — | View 990 |
| 2022 | $105K | $27K | $157K | $0 | — | View 990 |
| 2021 | $55K | $15K | $86K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $68K, and assets of $209K (revenue +13.3% year-over-year).
- 2022: Revenue of $105K, expenses of $27K, and assets of $157K (revenue +90.9% year-over-year).
- 2021: Revenue of $55K, expenses of $15K, and assets of $86K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amazing Grace Christian Foundation:
Data Sources and Methodology
This transparency report for Amazing Grace Christian 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.