Bethel Korean Presbyterian Church A R Synod
EIN: 561511254 · Fayetteville, NC
| Metric | Value |
|---|---|
| Total Revenue | $363K |
| Total Expenses | $329K |
| Net Assets | $721K |
Is Bethel Korean Presbyterian Church A R Synod Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bethel Korean Presbyterian Church A R Synod
Bethel Korean Presbyterian Church A R Synod (EIN: 561511254) is a nonprofit organization based in Fayetteville, NC. The organization reported total revenue of $363K and total assets of $721K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethel Korean Presbyterian Church A R Synod's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethel Korean Presbyterian Church A R Synod is a small nonprofit that has been operating for 59 years, with 4 years of IRS 990 filings on record (2018–2021). Revenue has grown at a compound annual rate of -13.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $329K |
| Surplus / Deficit | +$34K |
| Total Assets | $721K |
| Net Assets | $721K |
| Operating Margin | 9.5% |
| Months of Reserves | 26.3 months |
Financial Health Grade: A
In 2021, Bethel Korean Presbyterian Church A R Synod reported a surplus of $34K with revenue exceeding expenses, holds 26.3 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2018–2021), Bethel Korean Presbyterian Church A R Synod's revenue has declined at a compound annual growth rate (CAGR) of -13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -19.7% | +13.8% | -35.7% |
| 2020 | +17.0% | -9.9% | +15.0% |
| 2019 | -31.4% | -10.8% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bethel Korean Presbyterian Church A R Synod 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 Bethel Korean Presbyterian Church A R Synod 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
Frequently Asked Questions about Bethel Korean Presbyterian Church A R Synod
Is Bethel Korean Presbyterian Church A R Synod a legitimate charity?
Bethel Korean Presbyterian Church A R Synod (EIN: 561511254) is a registered tax-exempt nonprofit based in North Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $363K. No red flags identified. Financial health grade: A.
How does Bethel Korean Presbyterian Church A R Synod spend its money?
Bethel Korean Presbyterian Church A R Synod reported $363K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bethel Korean Presbyterian Church A R Synod tax-deductible?
Bethel Korean Presbyterian Church A R Synod is registered as a tax-exempt nonprofit (EIN: 561511254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bethel Korean Presbyterian Church A R Synod located?
Bethel Korean Presbyterian Church A R Synod is headquartered in Fayetteville, North Carolina and files with the IRS under EIN 561511254.
How many years of IRS 990 filings does Bethel Korean Presbyterian Church A R Synod have?
Bethel Korean Presbyterian Church A R Synod has 4 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 $363K in total revenue.
Filing History
IRS 990 filing history for Bethel Korean Presbyterian Church A R Synod showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2021), Bethel Korean Presbyterian Church A R Synod's revenue has declined by 35.6%, moving from $565K to $363K. Total assets decreased by 24.3% over the same period, from $953K to $721K. Total functional expenses fell by 8.5%, from $360K to $329K. In its most recent filing year (2021), Bethel Korean Presbyterian Church A R Synod reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $363K | $329K | $721K | $0 | — | — |
| 2020 | $453K | $289K | $1.1M | $0 | — | — |
| 2019 | $387K | $321K | $976K | $0 | — | — |
| 2018 | $565K | $360K | $953K | $0 | — | — |
Year-by-Year Financial Summary
- 2021: Revenue of $363K, expenses of $329K, and assets of $721K (revenue -19.7% year-over-year).
- 2020: Revenue of $453K, expenses of $289K, and assets of $1.1M (revenue +17.0% year-over-year).
- 2019: Revenue of $387K, expenses of $321K, and assets of $976K (revenue -31.4% year-over-year).
- 2018: Revenue of $565K, expenses of $360K, and assets of $953K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethel Korean Presbyterian Church A R Synod:
Data Sources and Methodology
This transparency report for Bethel Korean Presbyterian Church A R Synod 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.