Beloved In Christ Gallery
EIN: 874045476 · Marble Falls, TX · NTEE: A51
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Net Assets | $1.1M |
Is Beloved In Christ Gallery Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beloved In Christ Gallery
Beloved In Christ Gallery (EIN: 874045476) is a nonprofit organization based in Marble Falls, TX, classified under NTEE code A51. The organization reported total revenue of $1.8M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beloved In Christ Gallery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beloved In Christ Gallery is a mid-size nonprofit that has been operating for 3 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 109774.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-563,418 |
| Total Assets | $1.1M |
| Total Liabilities | $6K |
| Net Assets | $1.1M |
| Operating Margin | -46.7% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 7.8 months |
Financial Health Grade: B
In 2023, Beloved In Christ Gallery reported a deficit of $563K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Beloved In Christ Gallery's revenue has grown at a compound annual growth rate (CAGR) of 109774.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.7% | +155.1% | -33.1% |
| 2022 | +239999900.0% | — | +171735800.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Beloved In Christ Gallery 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 Beloved In Christ Gallery 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 $563K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Beloved In Christ Gallery
Is Beloved In Christ Gallery a legitimate charity?
Beloved In Christ Gallery (EIN: 874045476) is a registered tax-exempt nonprofit based in Texas. It has 3 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does Beloved In Christ Gallery spend its money?
Beloved In Christ Gallery reported $1.8M in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Beloved In Christ Gallery tax-deductible?
Beloved In Christ Gallery is registered as a tax-exempt nonprofit (EIN: 874045476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beloved In Christ Gallery located?
Beloved In Christ Gallery is headquartered in Marble Falls, Texas and files with the IRS under EIN 874045476. It is classified under NTEE code A51.
How many years of IRS 990 filings does Beloved In Christ Gallery have?
Beloved In Christ Gallery 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Beloved In Christ Gallery showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Beloved In Christ Gallery's revenue has grown by 120723600%, moving from $1 to $1.2M. Total assets increased by 114891300% over the same period, from $1 to $1.1M. In its most recent filing year (2023), Beloved In Christ Gallery reported a deficit of $563K, with expenses exceeding revenue. The organization holds $6K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.8M | $1.1M | $6K | — | — |
| 2022 | $2.4M | $694K | $1.7M | $11K | — | View 990 |
| 2021 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.8M, and assets of $1.1M (revenue -49.7% year-over-year).
- 2022: Revenue of $2.4M, expenses of $694K, and assets of $1.7M (revenue +239999900.0% year-over-year).
- 2021: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beloved In Christ Gallery:
Data Sources and Methodology
This transparency report for Beloved In Christ Gallery 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.