Atlanta Berean Community Development Corporation
EIN: 270661780 · Atlanta, GA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $588K |
| Total Expenses | $653K |
| Net Assets | $4.0M |
Is Atlanta Berean Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Atlanta Berean Community Development Corporation
Atlanta Berean Community Development Corporation (EIN: 270661780) is a nonprofit organization based in Atlanta, GA, classified under NTEE code L22. The organization reported total revenue of $588K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlanta Berean Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlanta Berean Community Development Corporation is a small nonprofit that has been operating for 6 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $530K |
| Total Expenses | $653K |
| Surplus / Deficit | $-122,670 |
| Total Assets | $4.1M |
| Total Liabilities | $52K |
| Net Assets | $4.0M |
| Operating Margin | -23.1% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 74.8 months |
Financial Health Grade: B
In 2023, Atlanta Berean Community Development Corporation reported a deficit of $123K with expenses exceeding revenue, holds 74.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Atlanta Berean Community Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.7% | +10.4% | -3.0% |
| 2022 | +12.3% | +4.4% | -2.5% |
| 2021 | +0.5% | +7.5% | -3.0% |
| 2020 | +12.0% | -6.1% | -2.5% |
| 2019 | +2.5% | +11.6% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Atlanta Berean Community Development Corporation 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 Atlanta Berean Community Development Corporation 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 deficit of $123K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Atlanta Berean Community Development Corporation
Is Atlanta Berean Community Development Corporation a legitimate charity?
Atlanta Berean Community Development Corporation (EIN: 270661780) is a registered tax-exempt nonprofit based in Georgia. It has 6 years of IRS 990 filings on record. Total revenue: $588K. No red flags identified. Financial health grade: B.
How does Atlanta Berean Community Development Corporation spend its money?
Atlanta Berean Community Development Corporation reported $588K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Atlanta Berean Community Development Corporation tax-deductible?
Atlanta Berean Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 270661780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Atlanta Berean Community Development Corporation located?
Atlanta Berean Community Development Corporation is headquartered in Atlanta, Georgia and files with the IRS under EIN 270661780. It is classified under NTEE code L22.
How many years of IRS 990 filings does Atlanta Berean Community Development Corporation have?
Atlanta Berean Community Development Corporation has 6 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 $588K in total revenue.
Filing History
IRS 990 filing history for Atlanta Berean Community Development Corporation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Atlanta Berean Community Development Corporation's revenue has grown by 46.1%, moving from $363K to $530K. Total assets decreased by 14.6% over the same period, from $4.8M to $4.1M. Total functional expenses rose by 29.7%, from $503K to $653K. In its most recent filing year (2023), Atlanta Berean Community Development Corporation reported a deficit of $123K, with expenses exceeding revenue. The organization holds $52K in liabilities against $4.1M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $530K | $653K | $4.1M | $52K | — | — |
| 2022 | $470K | $591K | $4.2M | $56K | — | View 990 |
| 2021 | $419K | $567K | $4.3M | $42K | — | View 990 |
| 2020 | $416K | $527K | $4.4M | $28K | — | View 990 |
| 2019 | $372K | $561K | $4.6M | $32K | — | View 990 |
| 2018 | $363K | $503K | $4.8M | $63K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $530K, expenses of $653K, and assets of $4.1M (revenue +12.7% year-over-year).
- 2022: Revenue of $470K, expenses of $591K, and assets of $4.2M (revenue +12.3% year-over-year).
- 2021: Revenue of $419K, expenses of $567K, and assets of $4.3M (revenue +0.5% year-over-year).
- 2020: Revenue of $416K, expenses of $527K, and assets of $4.4M (revenue +12.0% year-over-year).
- 2019: Revenue of $372K, expenses of $561K, and assets of $4.6M (revenue +2.5% year-over-year).
- 2018: Revenue of $363K, expenses of $503K, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlanta Berean Community Development Corporation:
Data Sources and Methodology
This transparency report for Atlanta Berean Community Development Corporation 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.