Annunciation Greek Orthodox Churchfoundation Inc
Annunciation Greek Orthodox Churchfoundation Inc shows highly volatile revenue and expenses with no reported officer compensation.
EIN: 205896795 · Wauwatosa, WI · NTEE: X11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $265K |
| Total Expenses | $144K |
| Program Spending | 80% |
| Net Assets | $675K |
| Transparency Score | 70/100 |
Is Annunciation Greek Orthodox Churchfoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Annunciation Greek Orthodox Churchfoundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Annunciation Greek Orthodox Churchfoundation Inc
Annunciation Greek Orthodox Churchfoundation Inc (EIN: 205896795) is a nonprofit organization based in Wauwatosa, WI, classified under NTEE code X11. The organization reported total revenue of $265K and total assets of $646K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Annunciation Greek Orthodox Churchfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Annunciation Greek Orthodox Churchfoundation Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $220K |
| Total Expenses | $144K |
| Surplus / Deficit | +$76K |
| Total Assets | $675K |
| Net Assets | $675K |
| Operating Margin | 34.5% |
| Months of Reserves | 56.2 months |
Financial Health Grade: A
In 2023, Annunciation Greek Orthodox Churchfoundation Inc reported a surplus of $76K with revenue exceeding expenses, holds 56.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Annunciation Greek Orthodox Churchfoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +251.9% | -79.4% | +12.7% |
| 2022 | -92.8% | +278.7% | -51.6% |
| 2021 | +1283.7% | +1889.8% | +122.2% |
| 2020 | -84.7% | -91.4% | +10.6% |
| 2019 | +5184.7% | +43.4% | +146.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2008 |
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 Annunciation Greek Orthodox Churchfoundation Inc with a Mission Score of 70 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Annunciation Greek Orthodox Churchfoundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $76K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through mechanisms not categorized as officer compensation on the 990, which is a positive for minimizing administrative overhead.
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 Annunciation Greek Orthodox Churchfoundation Inc's IRS 990 filings:
- Highly inconsistent revenue and expense patterns year-over-year, making financial forecasting and stability assessment difficult.
- Significant net loss in 2022, with expenses ($701,890) far exceeding revenue ($62,550), leading to a substantial reduction in assets.
- Lack of detailed expense breakdown (program vs. admin/fundraising) in the provided summary data, hindering efficiency analysis.
Strengths
The following positive indicators were identified for Annunciation Greek Orthodox Churchfoundation Inc:
- Consistently reports zero liabilities, indicating strong financial solvency and no outstanding debt.
- No reported officer compensation, suggesting a volunteer-driven leadership or very low administrative overhead for executive salaries.
- Maintained positive assets throughout the filing history, demonstrating financial resilience despite volatile income and expenses.
Frequently Asked Questions about Annunciation Greek Orthodox Churchfoundation Inc
Is Annunciation Greek Orthodox Churchfoundation Inc a legitimate charity?
Annunciation Greek Orthodox Churchfoundation Inc (EIN: 205896795) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $265K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Annunciation Greek Orthodox Churchfoundation Inc spend its money?
Annunciation Greek Orthodox Churchfoundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Annunciation Greek Orthodox Churchfoundation Inc tax-deductible?
Annunciation Greek Orthodox Churchfoundation Inc is registered as a tax-exempt nonprofit (EIN: 205896795). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Annunciation Greek Orthodox Churchfoundation Inc's spending goes to programs?
Annunciation Greek Orthodox Churchfoundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Annunciation Greek Orthodox Churchfoundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Annunciation Greek Orthodox Churchfoundation Inc is above average for NTEE category X11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Annunciation Greek Orthodox Churchfoundation Inc located?
Annunciation Greek Orthodox Churchfoundation Inc is headquartered in Wauwatosa, Wisconsin and files with the IRS under EIN 205896795. It is classified under NTEE code X11.
How many years of IRS 990 filings does Annunciation Greek Orthodox Churchfoundation Inc have?
Annunciation Greek Orthodox Churchfoundation Inc has 12 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 $265K in total revenue.
What caused the significant expense increase to $701,890 in 2022, given the revenue of only $62,550?
The provided data does not specify the nature of this large expense, but it resulted in a substantial net loss for the year, drawing down assets from $1,238,743 in 2021 to $599,403 in 2022.
How does the organization manage such wide fluctuations in annual revenue and expenses?
The data shows significant year-to-year variability, suggesting either project-based funding, large one-time events, or inconsistent donor support. The organization's ability to maintain positive assets despite these swings indicates effective financial management or substantial reserves.
What are the primary program activities funded by the organization?
The NTEE code X11 indicates 'Religious Organizations', but the summary data does not provide specific program details or a breakdown of program service expenses.
Filing History
IRS 990 filing history for Annunciation Greek Orthodox Churchfoundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Annunciation Greek Orthodox Churchfoundation Inc's revenue has grown by 159%, moving from $85K to $220K. Total assets increased by 760.2% over the same period, from $79K to $675K. Total functional expenses rose by 193.8%, from $49K to $144K. In its most recent filing year (2023), Annunciation Greek Orthodox Churchfoundation Inc reported a surplus of $76K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $220K | $144K | $675K | $0 | — | View 990 |
| 2022 | $63K | $702K | $599K | $0 | — | View 990 |
| 2021 | $866K | $185K | $1.2M | $0 | — | View 990 |
| 2020 | $63K | $9K | $558K | $0 | — | — |
| 2019 | $408K | $108K | $504K | $0 | — | View 990 |
| 2018 | $8K | $76K | $204K | $0 | — | View 990 |
| 2017 | $16K | $81K | $272K | $150 | — | View 990 |
| 2016 | $175K | $93K | $337K | $0 | — | View 990 |
| 2015 | $220K | $2K | $255K | $0 | — | View 990 |
| 2014 | $33K | $78K | $37K | $0 | — | View 990 |
| 2013 | $147K | $145K | $81K | $0 | — | View 990 |
| 2012 | $85K | $49K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $220K, expenses of $144K, and assets of $675K (revenue +251.9% year-over-year).
- 2022: Revenue of $63K, expenses of $702K, and assets of $599K (revenue -92.8% year-over-year).
- 2021: Revenue of $866K, expenses of $185K, and assets of $1.2M (revenue +1283.7% year-over-year).
- 2020: Revenue of $63K, expenses of $9K, and assets of $558K (revenue -84.7% year-over-year).
- 2019: Revenue of $408K, expenses of $108K, and assets of $504K (revenue +5184.7% year-over-year).
- 2018: Revenue of $8K, expenses of $76K, and assets of $204K (revenue -52.8% year-over-year).
- 2017: Revenue of $16K, expenses of $81K, and assets of $272K (revenue -90.7% year-over-year).
- 2016: Revenue of $175K, expenses of $93K, and assets of $337K (revenue -20.3% year-over-year).
- 2015: Revenue of $220K, expenses of $2K, and assets of $255K (revenue +560.1% year-over-year).
- 2014: Revenue of $33K, expenses of $78K, and assets of $37K (revenue -77.4% year-over-year).
- 2013: Revenue of $147K, expenses of $145K, and assets of $81K (revenue +73.4% year-over-year).
- 2012: Revenue of $85K, expenses of $49K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Annunciation Greek Orthodox Churchfoundation Inc:
Data Sources and Methodology
This transparency report for Annunciation Greek Orthodox Churchfoundation Inc 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.